About

Maine SBDC Program Results

ACHIEVING SUCCESS IN 2019

2019 ANNUAL REPORT • View / Download

Maine SBDC Annual Report CoverOver 1,500 entrepreneurs and small business owners turned to the Maine SBDC in 2019 to help navigate the process of starting, managing and growing their businesses.

With the guidance and expertise of business advisors throughout the state, these entrepreneurs develop the skills necessary to meet their goals, create successful businesses, and improve the local economies in which they reside. 
The program’s impressive results year after year stand as proof of the strength of these advisor-client relationships. Certified business advisors met with 1,533 clients to help start 133 businesses, create and save 600 jobs and generate $26.8 million in capital. Over 9,200 hours were spent advising clients towards success.

RETURN ON INVESTMENT

For every dollar invested in the Maine SBDC, $3.18 was returned in incremental tax revenue.Return on investment for the Maine SBDC is evaluated annually through an independent study of the program conducted by Dr. James J. Chrisman at Mississippi State University. His findings are based on information provided by a sampling of clients meeting with a Maine SBDC business advisor for at least five hours. Dr. Chrisman’s most recent report indicated that…FOR EVERY DOLLAR INVESTED IN THE MAINE SBDC, $3.18 WAS RETURNED IN TAX REVENUE. 

WE ARE PROUD TO PRESENT THE MAINE SBDC TEAM.

Each member of this team – made up of new and familiar faces – works hard every day to guide Maine’s business owners toward success. They help entrepreneurs achieve their goals and dreams of owning and operating thriving small businesses. Each business advisor brings unique expertise and experience that helps strengthen the Maine SBDC program.

Business advisors are experts in:
Starting a Business | Financial Management
Business Planning | Business Transitions & Acquisitions
Credit & Financing | Marketing & Sales

This team is committed to providing valuable assistance to Maine’s hardworking entrepreneurs. Business owners can count on our team of professional business advisors, who are here to help Maine’s economy grow.

View our entire 2019 ANNUAL REPORT or DOWNLOAD THE PDF HERE!

Past reports:

2018 • View Flipbook or Download PDF

2017 • View Flipbook or Download PDF

2016 • View Flipbook or Download PDF

2015 • View Flipbook or Download PDF

2014 • View Flipbook or Download PDF

2013 • View Flipbook or Download PDF