| CONTACT
US |
3402 N. Ben Wilson
Victoria, Texas 77901 Phone: 361-575-8944
Toll Free: 877-895-SBDC
sbdc@uhv.edu |
|
|
| home » economic impact |
ECONOMIC IMPACT
Every year the Victoria SBDC serves approximately 500 individual
business clients and conducts training reaching over 1000 business
owners and managers.
An independent impact study verified that our SBDC counseling clients
region-wide have achieved significantly higher sales growth rates
(+12.1%, vs. +1.8%) and employment growth rates (+15.7% vs. -1.5%)
in comparison to the average Texas business!
| VALUE OF SBDC SERVICES FY 2003-2004 |
| Total Business Formation |
| |
New Businesses |
10 |
| |
Business Buyouts/Sales |
5 |
| |
Business Expansions |
4 |
| |
Business Retentions |
7 |
| |
Improved Management Ability |
17 |
| |
Bus/Mktg/Feasibility Plans
Completed |
20 |
 |
| Jobs Created/Retained |
|
| |
New |
106 |
| |
Retained |
144 |
|
| Change in Sales |
$3,693,383 |
|
| Change in Profits |
$98,193 |
|
| Value of Service Rendered
@ $100 |
$378,200 |
|
| Loan Composition |
Loan Amounts |
| |
Commercial Bank Loan (2) |
$319,00 |
| |
Line of Credit (1) |
$200,000 |
| |
Micro-Loan (2) |
$50,000 |
| |
Other Equity Investment
(6) |
$512.995 |
| |
Other Federal Loans (3) |
$1,789,100 |
| |
Owner Investments (13) |
$1,142,120 |
| |
SBA Loan (8) |
$1,616,400 |
|
| Total Equity Invested
in Community |
$5,629,615 |
|
| Value of SBDC Services |
$9,502,391 |
|
Clients
Client Hrs.
|
99-100
499
4,052.5 |
00-01
415
3,651.0 |
01-02
595
5,420.0 |
02-03
555
4,672.2 |
03-04
477
3,782.0 |
Seminars
Attendees
Training Hrs. |
50
773
2,653 |
44
478
1,180 |
59
832
2,166 |
45
821
2,174 |
53
1201
2,705 |
Est. Econ. Impact
Total Bus. Formation
New Businesses
Bus. Buyouts/Sales
Business Expansions
Business Retentions
Jobs Created/Retained
New
Retained
Loan Assistance
SBA Approved
Non-SBA Approved
Total Loans Approved
Change in Sales
Equity Capital |
32
13
7
8
4
150
77
73
4,056,745
1,008,179
5,064,924
2,993,187 |
29
8
6
6
9
137
29
108
1,757,000
4,643,321
6,400,349
16,069,421
2,320,471 |
26
14
0
8
4
190
48
142
3,533,034
1,778,880
5,311,933
2,373,696
1,836,040 |
20
9
5
6
101
30
71
1,312,000
2,634,700
3,946,717
357,838
3,131,206 |
26
10
5
4
7
250
106
144
1,581,400
2,274,303
3,855,719
3,396,383
1,653,115 |
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