Investment. Statistical Summary and Economic Analysis October 1, September 30, 2017

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1 Return on Investment Statistical Summary and Economic Analysis The New York Small Business Development Center is a geographi cally dispersed integrated network of higher education-based service centers charged with assisting entre preneurs, small businesses, and industry through counseling, training, and research. Since its founding in 1984, the SBDC has worked with more than 450,000 clients, helped them acquire and invest nearly 6.1 billion in private and public funding in their businesses, and helped create and save more than 195,000 jobs in New York State.

2 CLIENT PROJECT - FUNDING/INVESTMENT BY SECTOR July 1, September 30, 2017 NOTE: Funding/investment relates to direct investment in small businesses assisted by the SBDC. Individual client survey responses attribute reported impact statistics to SBDC assistance. PRIVATE FUNDING BY MAJOR SOURCES Commercial Banking Equity Private Investor Other Total for Private Sources STATE FUNDING BY MAJOR SOURCES Industrial Development Agency Local Development Corporation State Government Contracts Other Total for State Sources 1,873,161,452 1,732,741, ,477,543 18,946,647 4,193,327,163 92,421,507 99,419,065 15,046,188 3,243, ,230,589 PRIVATE SOURCES FEDERAL FUNDING BY MAJOR SOURCES Small Business Administration 504 Loans Small Business Administration Guarantee Loans Federal Government Contracts Other 112,662, ,568, ,135,362 8,341,864 Total for Federal Sources 706,708,254 STATE SOURCES FEDERAL SOURCES DISASTER FUNDING All Sources OTHER FUNDING SOURCES Other 103,357, ,652,745 GRAND TOTAL 6,125,276,598 2

3 NEW YORK STATE TAX IMPACT SUMMARY OF REPORTED ACTIVITY (ONE YEAR): New Clients Counseled Counseling Hours Client Investments Total Jobs Created and Saved 11, , ,059,203 6,697 SUMMARY OF IMPACT DERIVED (ONE YEAR): Prorated Income from Jobs Created and Saved State Income Tax Receipts Sales Tax Receipts State Taxes: Direct Multiplier Effect SUMMARY OF REPORTED ACTIVITY (ONE YEAR): New Clients Counseled Counseling Hours Client Investments Total Jobs Created and Saved 11, , ,059,203 6,697 FEDERAL TAX IMPACT TOTAL 407,512,450 20,519,608 26,182,591 46,702, STATE TAX IMPACT TOTAL 83,129,915 FEDERAL TAX IMPACT SUMMARY OF IMPACT DERIVED (ONE YEAR): Prorated Income from Jobs Created and Saved Federal Income Tax Receipts Federal Sales Tax Receipts Federal Taxes: Direct Multiplier Effect 407,512,450 55,317,220 6,545,648 61,862, ,115,905 NOTES: 1) Based upon a median household income of 60,850 (2015) 2) State income tax on median household income (3,064 x 6,697 jobs saved or created) 3) Federal income tax on median household income (8,260 x 6,697 jobs saved or created) 4) State sales tax applied to net disposable income for consumer purchases (48,870 x.08 x 6,697 jobs saved or created) 5) Federal excise tax applied to net disposable income (48,870 x.02 x 6,697 jobs saved or created) 6) The multiplier denotes the effect income has on various elements of the economy. The statewide average is estimated to range between 1.60 and * All income and tax data provided by the U.S. Census Bureau and NYS Empire State Development. 3

4 NY SBDC HISTORICAL STATISTICS July 1, September 30, 2017 COUNSELING AND ECONOMIC IMPACT in thousands in thousands in thousands in thousands , ,218,315 20, ,059, Clients Counseled (Total Clients Counseled - 407,361) Client Investments (Total Client Investments - 6,125,276,598)

5 TRAINING July 1, September 30, 2017 Number of Events: Number of Attendees: Attendee Training Hours: Minority Attendees: Women Attendees: 18, ,716 1,862,950 97, ,661 DISASTER FUNDING BY MAJOR SOURCES DEC/NOAA Fisheries Grant National Grid Grants, Sandy NY Rising Grants NY Rising Loans NYC-NYBDC Disaster Grants NYS-NYBDC Disaster Grants, Sandy Restore NY Grants Small Business Administration Disaster Loans World Trade Center Revolving Loan Fund 157,500 22,500 5,113, , ,000 26,679 20, ,000 5,637,300 5

6 NY SBDC ECONOMIC IMPACT STATISTICS ANNUAL INVESTMENT BY SECTOR SERVICE 127,190,875 MANUFACTURING 69,993,844 RETAIL 24,170,117 WHOLESALE 10,576,771 OTHER 53,540,125 AGRICULTURE 3,617,784 CONSTRUCTION 8,969,686 VETERAN IMPACT July 1, September 30, 2017 MILITARY STATUS INVESTMENT AMOUNT PERCENT JOB IMPACT PERCENT Vietnam Veteran 112,768,237 34% 4,294 38% Non-Vietnam Veteran 224,395,339 66% 7,047 62% Gulf War Veteran 11,521,756 3% 884 8% 6

7 NY SBDC ECONOMIC IMPACT STATISTICS ANNUAL INVESTMENT BY MINORITY AFRICAN AMERICAN 10,265,100 HISPANIC 10,808,812 UNDETERMINED 9,936,342 NATIVE AMERICAN 485,500 ASIAN 73,487,114 INVESTMENT AMOUNT BY GENDER FEMALE 50,287,388 MALE 183,696,820 MALE/MALE PARTNERSHIP 15,411,139 FEMALE/MALE PARNERSHIP 42,969,926 FEMALE/FEMALE PARNERSHIP 5,693,930 7

8 NEW YORK SMALL BUSINESS DEVELOPMENT CENTER Below is a list of the 23 NY SBDC Regional Centers and the date of their establishment SUNY Canton SUNY Plattsburgh Jefferson CC Niagara County CC SUC Buffalo SUC Brockport Onondaga CC SUNY Polytechnic Institute at Utica Rome SUNY Albany SBDC Central Office Jamestown CC SUNY Binghamton Ulster County CC Columbia University Rockland CC Lehman College (CUNY) Bronx Albany Binghamton Buffalo Niagara Farmingdale Mid-Hudson (Ulster County Community College) Watertown Jamestown Mohawk Valley Syracuse (SUNY Polytechnic Institute) Pace University / Manhattan Brockport / Rochester York College (CUNY) / Queens Stony Brook Pace University Baruch College (Mid-Manhatten) College of Staten Island Stony Brook College of Staten Island (CUNY) / Staten Island Baruch College (CUNY) / Manhattan SUNY Canton SUNY Plattsburgh Lehman College (CUNY) / Bronx LaGuardia Community College / Queens Rockland Community College New York City College of Technology/Brooklyn Columbia University Stony Brook University Farmingdale State York College New York City College of Technology LaGuardia Community College Funded in part through a Cooperative Agreement with the U.S. Small Business Administration SBDC 2/18