idaho small business development center · 2018. 7. 12. · what we do with taxpayer dollars....
TRANSCRIPT
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Idaho Small Business Development Center
Growing businesses for Idaho
Katie Sewell, State Director
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What we do with taxpayer dollars.
$247,500
sbdc
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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
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Small Businesses
84% businesses are < 20 employees
Create 60 – 70% of the net new jobs60% existing / 40% startups
SBA Office of Advocacy
sbdc
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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
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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
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Special Emphasis
• New to Export
• Technology-based businesses
TECenter
• Environmental Regulatory Assistance
Confidentiality
sbdc
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"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
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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
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sbdcClient verified Idaho SBDC data
Average Yearly Business Starts = 72
JEDCODonna and Jon BrattonJerome, Idaho
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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
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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
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• 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
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Growing Businesses for Idaho
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