Economic Impact

2011 NJSBDC network Economic Impact:

–5,741 counseled clients and 19,351 hours of counseling;

–677 NJSBDC counseled clients started a new business;

–13,204 aspiring entrepreneurs and small business owners attended more than 900 training sessions;

–10,303 jobs were created and retained through NJSBDC network clients;

–$42,183,564 in financing (loans and equity) was facilitated by the network for its clients;

–More than $22 million in sales, business tax, and payroll and income tax revenues were returned to the State Treasury despite a weak economy and slow economic recovery.