The Association of Women's Business Centers (AWBC) recently conducted a survey among the country's 110 women's business centers, of which Seton Hill University’s E-Magnify is one.
Here's what the survey found.
WBCs are making an impact: In FY2010, WBCs did helped to launch 13,301 new businesses, helped to create an estimated 36,578 new jobs from new and existing firms, and supported firms that contributed a collective $1.3 billion to the U.S. economy.
WBC services are under-measured: In fiscal year 2010, WBCs trained, counseled, mentored, or otherwise served nearly 200,000 clients, averaging just over 1,800 clients per center. This figure is fully 24% higher than U.S. Small Business Administration (SBA) statistics, because the SBA's management information system does not fully capture the breadth of WBC support.
WBCs are efficient and cost effective: The survey finds that WBCs operate with an average of 4 full-time and 2 part-time staff, and leverage a ratio of 5 volunteer teachers, trainers, and mentors per each staff member.
A three-page summary of the survey findings is available for free here (pdf).
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