Our Economic Impact 2023
Enhancing the economic well-being of southeast Texas communities.
1,735 Consulted Business Clients
Long-term clients received valuable, one-on-one, business advising. We are committed to helping small business owners optimize their business strategy for long-term success.
$188.9M Startup & Expansion Capital
The SBDC assisted advisors assisted with loans and helped secure $185.8 million in capital, creating a meaningful impact in local communities throughout southeast Texas.
4,814 Jobs Created & Retained
We’ve created opportunities that has enabled small businesses to hire and retain staff. The SBDC created 2,251 jobs and retained 2,563 jobs, empowering economic growth.
$21M Additional Taxes
The overall impact for established business clients from SBDCs' services led to $21 million in new tax contributions: $15.3 million state taxes and $5.7 million in federal taxes.
383 New Business Starts
We’ve taken thousands of new businesses from simple ideas to successful companies, so if you’re thinking of starting a business, tap into our key services to join their ranks.
$180.2M New Sales
SBDC clients continuously out-performs the average Texas business. In 2023, SBDC clients generated a whopping total of approximately $180.2 million in new sales.
$3.65 Return for Every $1
For every $1 invested in the University of Houston Texas Gulf Coast SBDC Network program, our clients generate a total of approximately $3.65 in incremental revenue.
15.8% Employment Growth
SBDC clients continue to out-perform the average existing small business. In 2023, SBDC clients produced 15.8% employment growth versus 5.8% of the average Texas business.
279 Events Hosted
The SBDC hosted a total of 279 business training courses to help clients gain new business knowledge and skills on a variety of small business topics.
Unmatched Top-Tier Business Resources
We love our clients and it shows! Our reviews and growing follower base speak for itself.
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Find your local SBDC to schedule a business advising session today.
We provide no-cost, one-on-one business advising. Book an advising session today.
