COMMUNITY IMPACT
Over the last ten years, the SBDC at LCCC has earned its reputation as a one-stop shop for free expert-level advising for entrepreneurs wanting to start, sustain or grow a business.
Since 2012, funding to support our center has more than doubled and our staff has grown to include four full-time employees and eight consultants used on a regular basis.
COMMUNITY IMPACT REPORT
Reflected in the numbers below is the impact the SBDC has had on our local economy for fiscal years 2020-21. Note that this is with less than 10% of clients reporting.
ECONOMIC IMPACT DETAILS
Our 2020 economic impact resulted in the following numbers:
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1,024 Clients Served
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1,576 Counseling Hours Provided
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210 New Jobs Created
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306 Jobs Retained
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33 Start-Ups Launched
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$11,800,000 in Capital Infusion
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$3,790,000 Growth in Client Sales
Thanks to the support of our local and state partners, the SBDC has been able to help keep businesses open during times of crisis, including the Covid-19 pandemic.
We coached businesses on how to pivot and thrive at a time when businesses across the county were closing their doors.
1,024
Clients Served
1,576
Counseling Hours Provided
516
Created and Retained Jobs
33
Start-Ups Launched
$11,800,000
Capital Infusion
$3,790,000
Growth in Client Sales
STATE & LOCAL AWARDS
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Our team has been honored for our efforts in supporting local business, receiving the following state and local awards:
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2014
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Service Excellence and Innovation Award – awarded by the SBA to our SBDC team
2017
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Service Award – awarded by the SBA to our SBDC team
2019
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State Star Award given to Executive Director Lisa Hutson for her exemplary performance and significant contributions to the SBDC network
2021
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Senior Business Advisor/Program Development & Facilitation Beth Gantz, awarded to State Peer Award for Marketing
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Lisa Hutson awarded to State Peer Award for Collaboration
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Bright Star Award given to Lisa Hutson from the Lorain County Chamber of Commerce
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