Utah SBDC Annual Report 2014
|Helping Utah Businesses Sell More!
Client Sales increase in Excess of State Norm*
|Aggregate Sales Impact||$35,362,040|
|Positive Return on Tax Dollars Invested!
Estimated SBDC Client Tax Revenues in Excess of State Norm*
|State Tax Revenue||$2,059,986|
|Federal Tax Revenue||$1,828,975|
|Total Estimated Tax Revenue||$3,888,961|
|More Utah Jobs for a Better Economy!
SBDC Client Jobs Added to Utah Economy*
|Total Jobs Created||537|
|Existing Jobs Saved||139|
|Helping Obtain Capital to Start and Grow!
Client Loans and Business Investment - CY 2014**
|Client Loans/Investment Obtained||$41,496,908|
|SBDC Operating Costs (cash)||$1,994,283|
|Serving All of Utah!
Client Counseling Hours- CY 2014**
|Average Hours per Client||5.26|
* 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 2009-2014. 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.