Impact
Utah SBDC Annual Report 2011
* The Utah SBDC participates in the ASBDC National Impact Study to document economic impact. The study analyzes the sales and employment changes, financing obtained, and tax revenues generated by a statistical sampling of established and pre-venture clients that received five or more hours of counseling assistance from the Utah SBDC in 2009-2010. The figures reflect an estimate of the increase in excess of the average of all Utah businesses. SBDC client businesses are much more likely to survive than non-client businesses.
** Internally generated figures from data gathered on an on-going basis by the Utah SBDC network.
| Helping Utah Businesses Sell More! Client Sales increase in Excess of State Norm* |
|
| Established Firms | $14,285,780 |
| Start-Up Firms | $3,051,540 |
|
|
|
| Aggregate Sales Impact | $17,337,320 |
| Positive Return on Tax Dollars Invested! Estimated SBDC Client Tax Revenues in Excess of State Norm* |
|
| State Tax Revenue | $1,115,776 |
| Start-Up Firms | $986,299 |
|
|
|
| Aggregate Sales Impact | $2,102,075 |
| More Utah Jobs for a Better Economy! SBDC Client Jobs Added to Utah Economy* |
|
| Total Jobs Created | 389 |
| Existing Jobs Saved | 336 |
|
|
|
| Total Jobs | 755 |
| Helping Obtain Capital to Start and Grow! Client Loans and Business Investment** |
|
| Client Loans/Investment Obtained | $37,174,076 |
| SBDC Operating Costs (cash) | $1,741,000 |
| Loan Leverage | 21.00/1.00 |
| Serving All of Utah! Client Counseling Hours-SFY 2011** |
17,946 |
| Number Clients | 2,895 |
| Clients Trained | 3,347 |
| Average Hours per Client | 6.20 |
