In 2021 the 53 employees of the Idaho Small Business Development Center (SBDC) contributed an increase of $55m in client business sales, helped create 90 new businesses, and served 2,033 Idaho businesses. The impact culminated in $774m in total output across the state of Idaho, representing a 25X return on the investments made by the
Leadership and management are distinctive and complementary functions that are needed to achieve success in business. They work together to ensure that, strategies, direction setting, planning, organizing, and implementation, work hand-in-hand. Successful businesses operate with a healthy understanding of the importance of both. Each has its own set of characteristics; each has defined competencies and
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In 2021 Boise State Economics professors with the help of Idaho SBDC data admin Michael Byrd set out to assess the total economic impact of the Idaho Small Business Development Center. The study showed a staggering 773.8 million dollars of economic impact. The Idaho SBDC offers no-cost consulting to businesses across Idaho, fostering business success. The
Read More about BSU Study Shows Idaho SBDC creates $773.8 Million in Statewide Impact
Idaho SBDC consultants have a tremendous impact on the success of small businesses in Idaho. To see our entire 2021 impact, click here. We see the sales increase impact as a vital leading indicator of many of our other impact numbers, such as jobs created and capital raised. We want to recognize our fantastic consultants for
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In 2021 SBDCs across the US embodied the mission to serve small businesses through a nebulous year. The State star is a team nominated service award, recognizing a team member who demonstrates the Idaho SBDC Core Values of Service, Respect, Discovery, and Perseverance. The embodiment of these values is what makes the network a high performing,
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This Thursday, March 31st, 2022 Idaho small businesses will have a once a year major opportunity to discover how how to obtain government contracts and learn about all the support services that are available to them. Attendees have the unique opportunity to meet with 29 federal and state agencies that are looking to partner with
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