14
Idaho Small Business Development Center Growing businesses for Idaho Katie Sewell, State Director

Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

  • Upload
    others

  • View
    1

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

Idaho Small Business Development Center

Growing businesses for Idaho

Katie Sewell, State Director

Page 2: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

What we do with taxpayer dollars.

$247,500

sbdc

Page 3: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

Our Mission:

To enhance the success of small businesses in Idaho by providing high-

quality consulting and training, leveraging the resources of colleges

and universities.

sbdc

Page 4: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

Small Businesses

84% businesses are < 20 employees

Create 60 – 70% of the net new jobs60% existing / 40% startups

SBA Office of Advocacy

sbdc

Page 5: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

Our Network

Boise State University – Boise and Nampa

North Idaho College – Post Falls

Lewis-Clark State College – Lewiston

College of Southern Idaho – Twin Falls

Idaho State University – Pocatello

Idaho State University – Idaho Falls

University of Idaho – Legal Clinic

sbdc

Page 6: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

Services

Consulting/Coaching• Individualized • Confidential, No-cost• Assess root cause• Make recommendations• Teach new skills• Long-term, in-depth assistance• 10 hours /client• 1,600 clients per year

Training – 300 trainings/yearsbdc

Page 7: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

Special Emphasis

• New to Export

• Technology-based businesses

TECenter

• Environmental Regulatory Assistance

Confidentiality

sbdc

Page 8: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

"I would recommend the Idaho SBDC to any business owner or leader seeking a

competitive advantage for their company. Even successful professional athletes rely on good coaching and training to maintain their edge. Why should successful businesses be

any different?“

Barney Iott – Green Tent Design & Marketing, Dalton Gardens

sbdc

Page 9: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

sbdc

Our TeamBill JhungNorth Idaho College Post Falls

David NoackIdaho State University Idaho Falls

Betti NewburnBoise State UniversityBoise

Denise DunlapBoise State UniversityNampa

Barbara LeachmanLewis-Clark State CollegeLewiston

John HartIdaho State UniversityPocatello

Bryan MatsuokaCollege of Southern IdahoTwin Falls

Student teams

Page 10: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

sbdcClient verified Idaho SBDC data

Average Yearly Business Starts = 72

JEDCODonna and Jon BrattonJerome, Idaho

Page 11: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

Jobs Created/Saved = 1,000

eTripTraderTom LaJoieBoise

sbdc

Capital Raised - $19 million5 year average of data from third party researcher, Dr. Jim Chrisman, Economic Impact of Small Business Development Center Counseling in Idaho

Page 12: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

Sales Growth

02468

1012141618

20125 year average

Idaho small businessIdaho SBDC client

11%

3%

17%

4%

sbdcData from third party researcher, Dr. Jim Chrisman, Economic Impact of Small Business Development Center Counseling in Idaho

Page 13: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

• Increased state tax revenue

$2.2 million

• Increased federal tax revenue

$1.8 million

• Return on Investment = 4:1

5 year average of data from third party researcher, Dr. Jim Chrisman, Economic Impact of Small Business Development Center Counseling in Idaho

sbdc

Page 14: Idaho Small Business Development Center · 2018. 7. 12. · What we do with taxpayer dollars. $247,500 sbdc. Our Mission: ... Small Businesses 84% businesses are < 20 employees Create

Growing Businesses for Idaho

sbdc