Page 5 - LongwoodSBDC-2016-Annual-Report

Impact & Success Partnerships

Longwood SBDC measures results of consulting services in terms of numbers of clients served, jobs created and Each year, many local and regional institutions partner with the Longwood
retained and new capital invested in our communities by our small business clients. This data is collected from SBDC by providing in-kind support such as office and training space.
clients each year through year-end impact surveys as well as individual client meetings throughout the year. These include:
• Crater Planning District Commission • New College Institute • Southside Virginia Community College
472
• Patrick Henry Community College
• Danville Community College
• Southern Virginia Higher Education Center
37.3% NOT YET IN BUSINESS WOMEN 38 entrepreneurs consulted Local partnerships are essential to the success of Longwoood SBDC outreach.
51.4%
• Martinsville/Henry County Chamber of Commerce • Petersburg Public Library
• Virginia’s Growth Alliance
62.7% CURRENTLY IN BUSINESS
11.2%
VETERANS

40.3%
- Financial commitment
MINORITIES
- Access to academic resources and research
281 training seminars Longwood University provides:
- Faculty and student expertise
- Countless other intangible and in-kind offerings
STATE & FEDERAL:

221 training event attendees

CLIENT
$8,197,200 jobs created and retained SUCCESS

MEASURES

OUR The Virginia Small Business
Financing Authority
IN NEW CAPITAL (micro-loans for up to $25k
SUCCESS to qualified Longwoood
SBDC clients)
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