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Impact Numbers for 2011

Mar 7th, 2012 •

Indiana’s Small Business Development Centers (ISBDCs) helped clients create an estimated 2,098 jobs; save 6,578 jobs; start 266 businesses; obtain $54 million in financing; and increase sales by $53 million in 2011.

Jobs Created and Saved 2011

2007 2008 2009 2010 2011
JOBS RETAINED 1,452 1,383 2,002 2,292 6,578
JOBS CREATED 908 1,013 1,788 2,598 2,098

 

21.12%  of pre-venture ISBDC clients started a business after receiving business counseling from 2007 to 2011

 

 

 

 

 

 

 

 

 

 

The $237,402,614.34 in capital raised by ISBDC clients indicates that each dollar expended on the ISBDC program was leveraged by approximately $13.73 in new capital raised from external sources from 2007-2011.

 

2011 ISBDC Client Financing

2007 2008 2009 2010 2011
EQUITY $16,082,829.00 $6,467,518.99 $16,251,952.86 $30,526,464.49 $17,610,327.00
LOANS $21,075,719.00 $34,394,027.00 $26,887,299.00 $31,414,422.00 $36,692,055.00

ISBDCs Help Grow the Economy—24/7

  • A new business is opened by an ISBDC client every….. 32 hours
  • 23 new jobs are created or retained by an ISBDC client every…. day
  • $6,125.24 in new sales are generated by ISBDC clients every…..hour
  • $148,773 in financing is obtained by ISBDC clients every…..day