Utah SBDC Annual Report 2013
|Helping Utah Businesses Sell More!
Client Sales increase in Excess of State Norm*
|Aggregate Sales Impact||$45,337,090|
|Positive Return on Tax Dollars Invested!
Estimated SBDC Client Tax Revenues in Excess of State Norm*
|State Tax Revenue||$2,448,334|
|Federal Tax Revenue||$1,752,896|
|Total Estimated Tax Revenue||$4,201,230|
|More Utah Jobs for a Better Economy!
SBDC Client Jobs Added to Utah Economy*
|Total Jobs Created||733|
|Existing Jobs Saved||278|
|Helping Obtain Capital to Start and Grow!
Client Loans and Business Investment - CY 2013**
|Client Loans/Investment Obtained||$35,456,836|
|SBDC Operating Costs (cash)||$1,856,000|
|Serving All of Utah!
Client Counseling Hours- CY 2013**
|Average Hours per Client||5.47|
* 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 2009-2013. 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.