America’s SBDC Arizona Network (AZSBDC) is a successful program that uses funds wisely and has a positive, statewide impact that reaches throughout the community. Demand is increasing, our role is expanding and we are making the most of our resources to ensure that we help Arizona small businesses start, survive and succeed in even the most challenging economic climate.
2017 Network-Wide Economic Impact
Year-end results for the AZSBDC Network include these highlights:
- Clients Served:
- Counseled: 3,234
- Attended Training: 4,108
- Jobs Created: 1,111
- Jobs Retained: 363
- Business Starts: 303
- Capital Formation: $65,563,177
- Increased Sales: $91,242,996
- Total Loans: 128
- Total Loans Value: $41,644,851*
* Included in capital formation
Our economic impact numbers are reported and verified through a multi-step process to ensure their accuracy. Read about that process in Understanding Economic Impact.
The AZSBDC is a GREAT Return on Investment!
Our small business clients increased their collective sales by more than $91 million during 2017. On average, every dollar spent on the AZSBDC Network helped Arizona small business clients to increase his or her sales by $14.25. An impressive 1,111 Arizona jobs were created or retained by our clients – that’s more than four new jobs every working day of the year!
More than $65.5 million loans and other capitalization was secured by our clients. On average, every dollar spent on the AZSBDC Network helped an Arizona small business client access nearly $14 in new capital.