Economic Impact

Our numbers say it all. For every $1 invested in the Florida SBDC Network, $50 is returned to the state in tax revenue.*

Regional Service Summary (2019)

Serving Desoto, Hardee, Hernando, Highlands, Hillsborough, Manatee, Pasco, Pinellas, Polk and Sarasota Counties, the Florida SBDC at USF Region delivered substantial consulting and training services in 2019 that resulted in a significant return on investment.

Professionally certified business consultants delivered 18,075 hours of consulting to 2,038 entrepreneurs and small business owners.

  • Consulting client breakdown:
    1,222 or 46% Women
    437 or 16% Veterans and Service-Connected Disabled Veterans
    1,226 or 46% Minorities
  • Jobs Impacted*: 6,275
  • Sales Generated*: $802.4M
  • Government Contracts Acquired**: $69.4M
  • Capital Investment**: $29.6M

2019 Economic Impact Analysis of the Florida SBDC Network by FSU CEFA* | Reported by respondent clients of outcomes resulting from or in part due to assistance in 2018-19**