Jj. Chrisman et F. Katrishen, THE ECONOMIC-IMPACT OF SMALL BUSINESS DEVELOPMENT CENTER COUNSELING ACTIVITIES IN THE UNITED-STATES - 1990-1991, Journal of business venturing, 9(4), 1994, pp. 271-280
This article reports the results of the first national study of the ec
onomic impact of Small Business Development Center (SBDC) counseling a
ctivities. The study analyzed the performance improvements of long-ter
m clients who indicated that the SBCD's assistance was beneficial. Res
ults suggest that the satisfied established business owners and aspiri
ng entrepreneurs who received counseling in 1990 generated over $3.7 b
illion in new sales and almost 65,000 new jobs in 1991. These performa
nce improvements generated approximately $2.61 in incremental tax reve
nues for every dollar expended on the entire SBDC program in the US.