According to an independent study conducted by James Chrisman, Economic Impact of the Kentucky SBDC Business Development Counseling Activities in Kentucky 2011-2012, the Kentucky Small Business Development Center network helped entrepreneurs create 837 jobs and retained or saved a total of 1,528 jobs.
These growing businesses increased sales by $139.3 million and generated $8.9 million in tax revenue. Clients reported acquiring more than $40 million in financing with KSBDC’s support, financing that helped them grow their businesses. KSBDC counseling provided a $9.73 rate of return.
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