Economic Impact Data
From 2008 through 2014, Iowa SBDC clients:
- Created or saved 11,733 jobs in Iowa
- Raised more than $380 million in new capital
- Started 1,271 new businesses
- Grew sales by $383 million
- On average, grew significantly faster than the average Iowa business.
This was a direct result of our counseling 18,259 clients.
2014 Economic Impact:
- We helped 251 businesses to start
- Our clients added or retained 1,643 jobs
- Over 2,600 clients assisted
- Our clients raised over $52 million in capital for their Iowa businesses
- Our clients had sales increases of more than $49 million
The mission of America’s SBDC Iowa is to have a positive impact on the economy of the State of Iowa and its communities. We do this by providing the highest quality assistance to current and future businesses and by collaborating with other federal, state, local and private resources to ensure maximum benefit to clients.
America’s SBDC Iowa is the preeminent provider of hands-on assistance to current and future business owners.
Established in 1981, America’s SBDC Iowa (SBDC) provides free, confidential, customized, professional business advice in all 99 Iowa counties to entrepreneurs and existing businesses with 500 employees or less. We also present affordable workshops that teach practical skills and techniques, conduct research, provide comprehensive information services, and offer access to subject matter experts in a variety of fields.
Our program is a public-private partnership that leverages the resources of government, higher education, and the business community to assist Iowa’s businesses to grow and be successful. Our 15 regional business assistance centers are hosted by the three Iowa Regent institutions, ten community colleges, and one regional economic development entity, all coordinated through the state center at Iowa State University. Each regional center encourages unique local efforts, region to region and community to community, to meet small business needs throughout the state.
Our organization is the only nationally-accredited entrepreneurial development program in Iowa. Our programs and activities have contributed significantly to economic growth in Iowa since our inception in 1981.
The statewide America’s SBDC Iowa program is hosted by the Iowa State University College of Business, helping the University to fulfill its land-grant mission by providing outreach services to Iowa’s business community. Funding support and resources are provided through a cooperative agreement with the U.S. Small Business Administration, by the State of Iowa through Iowa State University, and through support from regional host institutions. All services are extended to the public on a non-discriminatory basis.