Page 4 - LongwoodSBDC-2016-Annual-Report
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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
                                                                                                                                                                            • 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.
                                                                                                                               • Martinsville/Henry County Chamber of Commerce • Petersburg Public Library
                                                                                                                                                                                                            • Virginia’s Growth Alliance
                 62.7% CURRENTLY IN BUSINESS

                                                                                                                                                                                   - Financial commitment
                                                                                                                                                                                   - 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

                    $8,197,200                            jobs created and retained         SUCCESS


                                                                                                  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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