Your Success is Colorados Success Program History 1987

Your Success is Colorado’s Success

Program History • 1987: The SBDC Network was in the Community College System • 1989: The Governor’s Office of Economic Development and International Trade became the new Grant Recipient • 1989 -Present: OEDIT continues to be the Lead Center host

Program Purpose: To offer business consulting and training that maximizes the economic potential of Colorado entrepreneurs Mission: To help existing and new businesses grow and prosper Vision: To be the premier, trusted choice of Colorado businesses for consulting, training, and resources. - Approximately 95% of entrepreneurs served by the Colorado SBDC said the services were beneficial. Every dollar expended leveraged $4. 00 of new capital raised for Colorado. The average cost of each new job generated was $6, 644. 00.

Partnership Emphasis Colorado SBDC public and private partnership “Determine that the thing can be done, and then we shall find the way. ” - Abraham Lincoln

Network Locations

Client Segmentation Wholesale Trade Retail Construction Manufacturing Service Other Financial, Scientific, Technical Services Health Care and Social Assistance Arts, Entertainment, Recration Agriculture, Forestry, Fishing, Hunting

Client Sessions by Topic Consulting Sessions by Topic - 2012 Business Start Up Sources of Capital Marketing and Sales Government Procurement Finance and Accounting HR Technology 53% Existing Business Clients

Training Attendees by Topic - 2012 Start Up Business Plan Financing/Capital Management Cash Flow/Accounting Marketing/Sales Govt Contracting Technology International Trade Legal Other

2013 Impact Clients Consulted: Training Attendees: Jobs Created: Jobs Retained: Business Starts: Increase Sales: Contracts Obtained: Capital Formation: 6, 236 (3% increase from 2012) 11, 793 (less then 1% decrease) 1, 731 (2% increase) 2, 530 (15% increase) 368 (same as previous year) $45, 822, 848 (12% increase) $32, 533, 524 (54% decrease) $67, 186, 247 (28% decrease) *All impact is collected and verified directly from our clients

SBDC Grant ü SBDC üDisaster ü Veterans-no grant üEconomic Gardening ü Connect 2 DOT ü Leading Edge üHealth Exchange üPortability Grant?

Consulting Expertise ü ü ü CPAs Attorneys Government Contracting Dispute Resolution Grant Writing Technology and Funding VC/Angel/Equity Specialist Natural Resources/Ag Manufacturing Lean Specialist SBIR/Commercialization ü ü ü Exporting/International Trade Energy Specialists Aerospace Intellectual Property E-Business, Social Media Patents Medical Devices Business Specialists/Coaches Natural Food Product Retail Specialists Human Resources Marketing/Strategy

Disaster Assistance • • One-on-One Consulting Disaster Summits CDBG-DR Materials for Preparedness

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