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Economic Impact of the Florida SBDC
Business Development Activities on the Florida Economy
2013
Impact of the Florida SBDC Network on the Florida Economy 2013 Analysis
2
Presented to:
THE FLORIDA SMALL BUSINESS DEVELOPMENT CENTER NETWORK
By:
HAAS CENTER Rod Lewis, PhD—Director
PROJECT TEAM Chris Powell, MA
Aaron Schmerbeck, MS Sarah Trenton, MA
Matt Schwalb, MA, MSA Angela Sanders, BS
Mitchell Overton
CONTACT Rod Lewis
Haas Center The University of West Florida
Emerald Coast 1170 Martin Luther King Jr. Boulevard
Building 2, Room 250 Fort Walton Beach, Florida 32547
(850) 510-0771 clewis2@uwf.edu
about us
Located on University of West
Florida’s Emerald Coast Campus
in Fort Walton Beach, Florida, the
Haas Center collects, analyzes
and distributes economic data for
clients seeking expert economic
advice. We exist to help entrepre-
neurs and industry leaders—from
traditional manufacturing to
emerging technologies—meet
their information needs in the
modern economy.
The Haas Center specializes in
data analysis for the purposes of
economic forecasting, marketing
research, business expansion,
tourism, and real estate develop-
ment, as well as industry and ac-
ademic studies. The Haas Cen-
ter’s staff combine academic cre-
dentials with varied experience,
ranging from economists to sur-
vey specialists. Each professional
combines innovation with atten-
tion to detail to produce high-
quality research products for
Center clients.
For further information, please
visit our website at haas.uwf.edu,
or contact Rod Lewis at
clewis2@uwf.edu.
Impact of the Florida SBDC Network on the Florida Economy
TABLE OF CONTENTS
2013 Analysis
3
TABLE OF CONTENTS
Executive Summary. .................................................................................... .4
Introduction and Methods .............................................................................. 5
Economic Impact…………………………………………………………...……...8
Summary…….……………………………………………………………...……..14
Fiscal Impact ............................................................................................... 15
Conclusion................................................................................................ ...17
List of Tables
Table E.1 - Economic Impact…………….…………………………..………….4
Table E.2 - Return on Investment….…………………………...………...…….5
Table 1 - Total Jobs Created/Retained...……….……………………………….7
Table 2 - Economic Impact………………………………………………...……..9
Table 3 - Impact of Microbusiness by SBDC Region…...………….…...…....11
Table 4 - Impact of Start-Up Firms by SBDC Region……………...…...…….12
Table 5 - Impact of SME Firms by SBDC Region………………...………......13
Table 6 - Impact of Pre-Venture Firms by SBDC Region…………………….14
Table 7 - Impact by Sector………………………………………………..……..15
Table 8 - Year-over-Year Comparison.………….……………………...……...15
Table 9 - Fiscal Impacts………………...………………………………………..16
Table 10 - Return on Investment…………………………………………….….16
List of Figures
Map 1 - SBDC Regions…………………………………………………………..10
Appendices
Appendix A - FSBDC Impact and Satisfaction Survey ................................. 18
Appendix B - SBDC Regional Identification ................................................. 43
Appendix C - Methodology for Determining IMPLAN Inputs ........................ 44
Impact of the Florida SBDC Network on the Florida Economy
EXECUTIVE SUMMARY
2013 Analysis
E. 4
The United States Congress established the Small Business Develop-
ment Center (SBDC) program in 1980 as part of Chapter 21 of the
Small Business Act following the proven success of a three state pilot
effort, launched in 1976, in which Florida participated. The SBDC pro-
gram intent is to help strengthen existing and prospective small busi-
nesses by linking them with the knowledge and resources of the federal,
state and local governments and the academic community through ser-
vices delivered by a state-wide network of SBDCs. Congress envisioned
that, as a result of this assistance, more small businesses would start,
grow and prosper, have access to capital and other resources, improve
their market competitiveness, and contribute to the improvement of
state and local economies through new job creation. The accompanying
report is designed to provide an assessment measuring the economic
impact of the Florida SBDC Network’s consulting services.
The Florida SBDC Network serves all 67 counties, operating through 11
regional centers and 29 satellite centers. SBDCs provide consulting,
training, research and informational services to Florida’s emerging and
growing small and medium sized businesses. The data in this report are
focused specifically on the impacts associated with consulting service
activities offered by the three primary programs comprising the Florida
SBDC Network; Small Business Development Center (SBDC) core pro-
gram, Procurement and Technical Assistance Center (PTAC) program,
and Growth Acceleration Program (GAP). Previous reports have fo-
cused on only SBDC core program activities.
This report follows the methodology consistent with the “Small Busi-
ness Development Center Program in Florida: An Extended Analysis of
its Consulting to All Clients in 2010 – 2011” report written by Dr. James
Chrisman, Mississippi State University; an independent study of state
SBDCs commissioned by the Association of Small Business Develop-
ment Centers. The Florida SBDC Network requested that the Haas re-
search team prepare a comparative report using IMPLAN® modeling to
calculate economic impacts generated as a result of network services.
The two reports diverge with respect to the analysis tools utilized but
are inclusive of the same data sets collected by the same survey. We
have not independently verified the assumptions that lead to the out-
comes realized in Dr. Chrisman’s analysis and simply utilize the inputs
presented to us by the Florida SBDC to develop the IMPLAN® esti-
mates that we present here.
The data presented concludes that the Florida SBDC Network has a
significant impact on Florida’s economy. In Table E.1 we present data
on the overall impact of the Florida SBDC Network in terms of em-
ployment, sales and value added (analogous to Gross Domestic Prod-
EXECUTIVE SUMMARY
Type of Impact
Statewide Impact (US $)
Total Jobs 47,845
Sales / Output
$6.29 billion
Value Added
$3.9 billion
Table E.1 - Economic Impact
Impact of the Florida SBDC Network on the Florida Economy
INTRODUCTION AND METHODOLOGY
2013 Analysis
5
uct). As the data in the table indicates, the impacts of Florida SBDC
Network consulting activities are substantial. These activities generated,
saved or retained a total of 47,845 jobs across the state of Florida for
customers served in 2011 - 2012. This resulted in an overall increase in
sales output of nearly $6.3 billion and increased the overall size of the
Florida economy by $3.9 billion.
The Florida SBDC Network does not, however, function at “no cost.”
It is therefore critical to understand the overall costs of the
network and the return on the investment for Florida. As
the data in the report shows, the Florida SBDC Network
costs approximately $11.5 million annually; $6.1 million in
federal funding and $5.36 million from local and regional
partner required match. It is important to note there is no
direct appropriation made by the state of Florida for the
SBDC program for the period covered by this report. All
$5.36 million in annual match is a result of investment pro-
vided by the Network’s local and regional public and private
partners. As the data in Table E.2 reflect, the consulting
activities of the Florida SBDC Network generated a return
of $214.6 million for the State’s treasury, or for every $1 of
Florida public and private sector investment in the pro-
gram, the Florida SBDC Network returns over $40 to
the State in some form of tax revenue. Moreover, when looking at
raw investment in the absence of a return figure, we see the same invest-
ment yields over 47,845 jobs annually, or an average annual cost of
$112 per job created, saved or retained as a direct result of Florida
SBDC Network activities. This demonstrates a return on investment
that far exceeds other comparable programs.
Naturally, these data are associated with a broad-brush perspective on
the impact of Florida SBDC Network consulting activities on the Flori-
da economy and the cost/benefits to Florida. The results are based on
several key assumptions necessary to the execution of the analysis. We
outline those assumptions in the accompanying report and appendices
and comment on the overall strengths and weaknesses of the approach
in the broader document.
In the accompanying report, we assess the economic impact of consult-
ing services that the Florida Small Business Development Center
(FSBDC) Network offered to emerging and growing Florida businesses
between 2011 and 2012. Data were collected from a survey provided by
the FSBDC, which assessed established firms—including microbusiness,
start-up and small and medium sized enterprise (SME) market seg-
INTRODUCTION AND METHODOLOGY
Table E.2 - Return on Investment
Returns per Dollar of Florida Taxpayer
Investment (US $)
State Investment $5.36 million
State Tax Revenues Generated $214.6 million
Benefit/Cost Ratio $40.04
Taxpayer Cost Per Job (US $)
State Investment $5.36 million
Jobs Created/Saved/Retained 47,845
Cost per Job $112.03
Impact of the Florida SBDC Network on the Florida Economy
INTRODUCTION AND METHODOLOGY
2013 Analysis
6
ments—and emerging pre-venture firms on several dimensions. A copy
of the survey is included in Appendix A.
The economic inputs utilized in this report were based upon a report
written by Dr. James Chrisman, Mississippi State University. Dr. Chris-
man was commissioned by the Association of Small Business Develop-
ment Centers (ASBDC) to assess the impact and return-on-investment
of state SBDC programs. This analysis accepts his findings regarding the
direct impacts and utilizes additional economic analysis tools to estimate
the direct, indirect and induced impacts. The methodology of this report
is consistent with the report written by Dr. Chrisman in that the impacts
of the SBDC program also include businesses that received assistance
from the Network’s three primary programs; Small Business Develop-
ment Center (SBDC) program, Procurement Technical Assistance Cen-
ter (PTAC) program and the Growth Acceleration Program (GAP).
Specifically, we analyze the sales and employment impacts that these
programs had on businesses that responded to the SBDC survey, indi-
cating that at least one program benefited their businesses. The survey
was administered to all customers served by the network during this pe-
riod, which included 21,930 emerging and growing businesses. Of these,
3,995 businesses responded—an 18.2% response rate, nearly 2% higher
than last year.
The survey asked customers to rate the performance of the SBDC on
numerous dimensions; however, they only reported three critical pieces
of data that are relevant to this analysis. First, they reported two years
(2011 and 2012) of employment data. Second, they reported how many
jobs were saved and/or retained by their business as a result of SBDC
consulting activities. And finally, they reported the total value of capital
or government contracts that they successfully raised or acquired as a
result of SBDC assistance. (The SBDC does not provide loans or con-
tracts to businesses directly; however, its consultants do assist business-
es in the preparation, application and acquisition process.) Although ac-
cess to capital and contract dollars have important impacts, we exclude
these from our overall estimates. In the absence of hard data on the di-
rect connection between the capital and/or contract and jobs, we omit
the impact from our calculations and present the more conservative esti-
mates. This eliminates the potential of double counting the creation or
retention of job growth that may have resulted from the capital or con-
tracts acquired.
This leaves us with the ability to estimate two data points—job growth
between 2011 and 2012 and the total number of jobs saved/retained.
Impact of the Florida SBDC Network on the Florida Economy
INTRODUCTION AND METHODOLOGY
2013 Analysis
7
We benchmark the growth of these SBDC business customers against
their parent sectors in the Florida economy and attribute only the differ-
ential growth rates to SBDC activities. For example, if employment at
an architectural firm consulted by the SBDC grew at an annual rate of
10% between 2011 and 2012, while employment in architectural firms
across the state grew at only 5%, we attribute that differential 5%
growth rate to SBDC activities. On the other hand, if an SBDC consult-
ed firm grew at the rate of 5% while the statewide growth rate was 10%,
we attribute a negative 5% growth impact to SBDC activities. We also
utilize the self-reported jobs saved/retained numbers to calculate the
SBDC impact in terms of total jobs saved/retained across the Florida
economy.
We assume that the survey respondents who participated differ in no
substantively meaningful ways (a strong assumption) from those who
did not participate and leverage the data to estimate the total direct im-
pact of SBDC activities across the population of consulted businesses.
We present state-wide data in Table 1 by high-level industry sector. We
note that many of the businesses did not report a NAICS (North Amer-
ican Industrial Classification System) code, which made it difficult to
classify them. However, utilizing web searches, business names, and
brief descriptive paragraphs for the unclassified businesses in the sur-
vey—we classified all businesses into the high-level industry categories
displayed below.
In Table 1, we present totals for jobs created by established firms and
jobs created for pre-venture firms. For the purposes of presenting our
findings, we have combined jobs created with jobs saved and this data
contained in the jobs created column. This column represents the differ-
Table 1 - Total Jobs Created or
Retained
Industry SBDC Employment
Growth Florida Employment
Growth Difference
Jobs Created
Jobs Saved/ Retained
Total Jobs
Construction -9.40% -0.30% -9.00% -608 5,421 4,813
Manufacturing 9.20% 1.70% 7.40% 553 848 1,401
Retail 14.20% 1.90% 12.30% 711 2,102 2,814
Professional Serv. 21.10% 1.90% 19.20% 7224 9,763 16,986
Wholesale Trade 12.40% 1.30% 11.00% 301 825 1,127
Total 8182 18,959 27,141
Impact of the Florida SBDC Network on the Florida Economy
ECONOMIC IMPACT
2013 Analysis
8
ential impact of SBDC activities on job growth above and beyond the
state baseline. In Dr. Chrisman’s report, the employment growth rate
for the state of Florida was set at 1.1%. We report growth rates more
precisely at the industry level, hence the varying percentages shown in
Table 1. This accounts for slight differences between our results and
those included in Dr. Chrisman’s report.
Taking a look at the manufacturing industry, for example, job growth
among established firms that received consulting was 9.2%, while the
corresponding growth rate across the state was 1.7%. Utilizing the sur-
vey response rate and reported job growth among respondents, we cal-
culated that SBDC established firms added 553 manufacturing jobs to
the state economy above the average job rate of 1.7% for Florida’s man-
ufacturing sector. Moreover, established manufacturing firms reported
that they saved or retained approximately 848 jobs as a result of SBDC
activities. Summing the “jobs created” with the “jobs saved or retained”
figures yields a total “credit” of 1,401 manufacturing jobs as a direct re-
sult of Florida SBDC Network activities.
With respect to construction, the narrative is much the same as in previ-
ous years under study. The SBDC established firms actually lost jobs at
a considerably higher rate than the state average. This is not surprising
given the sluggish state of the economy making it difficult for smaller
firms to withstand economic pressures and leading to the significantly
higher rate of job losses. Even so, the construction sector reported that
the SBDC aided them in saving or retaining 5,421 jobs, yielding a posi-
tive overall SBDC impact on construction sector activities.
As the table totals reflect, SBDC activities resulted in the creation of
8,182 new jobs above and beyond the state’s overall growth rate. More-
over, SBDC activities resulted in 18,959 jobs saved or retained for Flori-
da over the survey period as well. Thus, the SBDC contributed 27,141
jobs to Florida’s employment totals over the survey period. Though im-
pressive, these employment totals count only the direct job impacts of
SBDC consulting activities. For a more comprehensive understanding
of the total impacts generated as a result of SBDC activities we utilize
IMPLAN® economic impact modeling.
State-Wide Impact. To calculate the total economic impact of SBDC
activities on the Florida economy, we utilized the IMPLAN® software
tool, which provides economic impact assessments in terms of direct,
indirect and induced economic impacts across a variety of categories,
ECONOMIC IMPACT
Impact of the Florida SBDC Network on the Florida Economy
ECONOMIC IMPACT
2013 Analysis
9
including employment, labor income, value added (Gross Domestic/
Regional Product) and total economic output (sales). In order to arrive
at these impacts, the inputs from Dr. Chrisman’s report were used as
benchmarks to parse the data into higher-level NAICS codes. Other
economic impact modelers, such as the PI+ Model from Regional Eco-
nomic Models, Incorporated (REMI), only require inputs at the two-
digit level. IMPLAN® requires inputs at the three or four-digit level,
allowing for a more detailed analysis. For example, the industry sector,
Manufacturing, is associated with a two-digit code. To analyze this sec-
tor in IMPLAN®, we had to proportion the sector into subsectors, such
as Aircraft Manufacturing and Food Manufacturing. It was important to
do so because Aircraft Manufacturing, for example, is considered a high
wage, high skill job, whereas the Food Manufacturing subsector is not.
As a result, they differ in terms of labor income. Thus, incorrectly
weighting the subsectors could produce very different results. After col-
lecting state-wide data at the four-digit level, we calculated the propor-
Table 2 - State Economic Impact
Impact Type
Employment Labor Income
(US $) Output (US $)
GRP / Value Added (US $)
Microbusiness
Direct Effect 7,388 $409,096,214 $1,028,467,175 $621,916,072
Indirect 2,301 $100,848,636 $274,811,767 $163,820,595
Induced 3,301 $134,553,879 $404,776,198 $243,659,584
Total 12,990 $644,498,729 $1,708,055,140 $1,029,396,252
Start-up Firms
Direct Effect 10,028 $555,202,005 $1,391,627,076 $849,243,765
Indirect 3,086 $136,866,006 $368,115,823 $219,758,643
Induced 4,481 $182,608,836 $550,219,446 $331,342,442
Total 17,595 $874,676,847 $2,309,962,343 $1,400,344,851
Small and Medium Sized Enterprise
Direct Effect 8,843 $496,759,688 $1,245,933,890 $751,315,724
Indirect 2,842 $122,459,058 $340,077,739 $202,472,600
Induced 4,044 $163,386,853 $496,221,606 $298,215,135
Total 15,729 $782,605,599 $2,082,233,234 $1,252,003,459
Pre-Venture Firms
Direct Effect 882 $49,525,741 $80,439,134 $113,769,559
Indirect 255 $10,814,654 $18,161,852 $29,983,892
Induced 394 $16,117,452 $29,264,030 $48,728,521
Total Effect 1,531 $76,457,847 $127,865,016 $192,481,972
Impact of the Florida SBDC Network on the Florida Economy
ECONOMIC IMPACT
2013 Analysis
10
tions of the total number of jobs for each subsector within the Manu-
facturing sector and then applied these proportions to the survey data
provided. These numbers were then used in the IMPLAN® analyses. By
doing so, it is possible to compare the two approaches (See Appendix C
for a more detailed accounting of our methodology).
The state-level economic impact report is presented in Table 2 (on the
preceding page) and is broken down by the FSBDC’s four target seg-
ments: microbusiness, individual start-ups, small and medium sized en-
terprises (SME) and pre-venture. The sum of direct effects (input) is
equal to the total number of jobs reported in Table 1. However, as one
might imagine, the creation of those direct jobs spurs other types of in-
direct and induced job creation activities. For example, growth in em-
ployment at a restaurant typically means that the establishment is selling
more food. This, across time, leads to indirect and induced employment
growth in the trucking industry (for example) as more goods are trans-
ported to the establishment. These types of impacts are reported as indi-
rect and induced effects in Table 2. As the data reflects, the 27,141 di-
rect jobs created or retained by FSBDC activities lead
to 8,484 indirect and 12,220 induced jobs for a total of
47,845 jobs credited to FSBDC activities.
Together, these employment numbers generate over
$2.3 billion in labor income and $6.29 billion in total
sales (output). These activities increase the “size” of
the Florida economy by nearly $3.9 billion dollars in
terms of value added/Gross Regional Product. (Gross
Regional Product represents the total value of all goods
and services produced in a region/state/nation and is
labeled, at the national level, Gross Domestic Product
or GDP).
Regional Impacts. The FSBDC network is divided
into 11 regional areas, as shown in the map to the right
(for a county list, see Appendix B). The state-wide of-
fice is located in Region 1, as denoted by the star on
the map. Not all regions across Florida are equal in
size, business demographics or financial resources. Some regional areas
are comprised of multiple counties while others include only one. We
present direct, indirect, induced and total effects for jobs created within
the microbusiness, individual start-up, SME and pre-venture segments
across the 11 regions in Tables 3, 4, 5 and 6 on the following pages. The
Map 1 - FSBDC Regions
Impact of the Florida SBDC Network on the Florida Economy
ECONOMIC IMPACT
2013 Analysis
11
procedure for calculating these impacts at the regional level was identical
to the state procedure previously discussed.
As the data in the tables indicate, there are substantial degrees of varia-tion in impact across the various regions. In Table 3, for example, the microbusiness segment in Region 8 (Palm Beach County only) saw 745
Region Direct Effect Indirect Effect Induced Effect Total Effect % of State
Microbusiness
1 - Northwestern 754 220 260 1233 9.5%
2 - Northern Coast 122 26 34 183 1.4%
3 - North Central 128 26 46 200 1.5%
4 - Northeastern 1193 422 531 2146 16.5%
5 - Central 1392 528 669 2589 19.9%
6 - Western 1850 597 998 3445 26.5%
7 - South Central 75 20 20 115 0.9%
8 - Palm Beach 466 110 170 745 5.7%
9 - Southwestern 424 119 141 683 5.3%
10 - Broward 769 166 320 1256 9.7%
11 - Southern 213 67 112 392 3.0%
Economic Output/Sales (US $)
1 - Northwestern $106,110,499 $25,576,773 $30,353,538 $162,040,809 9.5%
2 - Northern Coast $14,272,882 $2,960,868 $3,863,088 $21,096,838 1.2%
3 - North Central $17,933,578 $3,311,641 $5,552,397 $26,797,616 1.6%
4 - Northeastern $172,388,803 $50,836,174 $63,669,214 $286,894,191 16.8%
5 - Central $200,039,664 $63,089,344 $81,305,663 $344,434,671 20.2%
6 - Western $272,992,295 $71,470,374 $126,138,591 $470,601,260 27.6%
7 - South Central $10,767,891 $2,279,464 $2,322,420 $15,369,775 0.9%
8 - Palm Beach $57,383,415 $13,259,462 $21,209,439 $91,852,315 5.4%
9 - Southwestern $58,934,017 $14,040,816 $17,033,994 $90,008,827 5.3%
10 - Broward $84,359,972 $19,395,261 $38,908,764 $142,663,997 8.4%
11 - Southern $33,284,160 $8,591,590 $14,419,090 $56,294,841 3.3%
Value Added/Gross Regional Product (US $)
1 - Northwestern $47,000,377 $14,614,966 $18,133,590 $79,748,933 7.7%
2 - Northern Coast $8,885,505 $1,638,688 $2,277,246 $12,801,438 1.2%
3 - North Central $12,425,782 $1,936,003 $3,299,694 $17,661,479 1.7%
4 - Northeastern $97,388,573 $29,535,350 $37,789,013 $164,712,936 16.0%
5 - Central $109,944,225 $37,520,537 $49,082,043 $196,546,804 19.1%
6 - Western $189,916,355 $43,188,282 $75,191,684 $308,296,322 29.9%
7 - South Central $5,687,232 $1,290,775 $1,397,612 $8,375,620 0.8%
8 - Palm Beach $37,337,176 $8,388,140 $13,326,560 $59,051,876 5.7%
9 - Southwestern $39,186,441 $8,466,197 $10,374,252 $58,026,890 5.6%
10 - Broward $50,682,889 $11,948,797 $23,905,605 $86,537,290 8.4%
11 - Southern $23,461,517 $5,292,861 $8,882,286 $37,636,665 3.7%
Table 3 - Impact of Microbusiness
by FSBDC Region
Impact of the Florida SBDC Network on the Florida Economy
ECONOMIC IMPACT
2013 Analysis
12
jobs created (directly, indirectly and induced) while Region 4 (18 coun-ties) saw 2,146 jobs created. No doubt, some of this is attributable to regional economies both in size and in type.
The patterns in the jobs created data generally reflect the sales and value
added data further down the page. Given that the multipliers are differ-
Region Direct Effect Indirect Effect Induced Effect Total Effect % of State
Start-Ups
1 - Northwestern 866 252 298 1417 8.1%
2 - Northern Coast 180 39 50 268 1.5%
3 - North Central 186 38 67 291 1.7%
4 - Northeastern 1357 480 603 2440 13.9%
5 - Central 1747 662 840 3249 18.5%
6 - Western 2763 891 1491 5146 29.2%
7 - South Central 260 71 70 401 2.3%
8 - Palm Beach 668 157 243 1069 6.1%
9 - Southwestern 542 152 180 873 5.0%
10 - Broward 1181 256 492 1928 11.0%
11 - Southern 278 88 147 513 2.9%
Economic Output/Sales (US $)
1 - Northwestern $121,891,035 $29,380,498 $34,867,653 $186,139,186 8.1%
2 - Northern Coast $20,933,561 $4,342,606 $5,665,862 $30,942,029 1.3%
3 - North Central $26,021,270 $4,805,126 $8,056,420 $38,882,815 1.7%
4 - Northeastern $195,989,651 $57,795,889 $72,385,832 $326,171,372 14.1%
5 - Central $250,968,397 $79,151,461 $102,005,530 $432,125,387 18.7%
6 - Western $407,709,164 $106,739,739 $188,385,754 $702,834,657 30.4%
7 - South Central $37,488,213 $7,935,913 $8,085,463 $53,509,589 2.3%
8 - Palm Beach $82,307,524 $19,018,622 $30,421,619 $131,747,765 5.7%
9 - Southwestern $75,304,577 $17,941,043 $21,765,660 $115,011,279 5.0%
10 - Broward $129,522,381 $29,778,582 $59,738,709 $219,039,672 9.5%
11 - Southern $43,491,303 $11,226,344 $18,840,945 $73,558,592 3.2%
Value Added/Gross Regional Product (US $)
1 - Northwestern $53,990,177 $16,788,474 $20,830,380 $91,609,031 6.5%
2 - Northern Coast $13,032,073 $2,403,408 $3,339,961 $18,775,443 1.3%
3 - North Central $18,029,565 $2,809,103 $4,787,791 $25,626,459 1.8%
4 - Northeastern $110,721,533 $33,578,880 $42,962,509 $187,262,922 13.4%
5 - Central $137,935,274 $47,073,010 $61,577,996 $246,586,280 17.6%
6 - Western $283,636,717 $64,500,935 $112,297,450 $460,435,103 32.9%
7 - South Central $19,799,994 $4,493,809 $4,865,761 $29,159,565 2.1%
8 - Palm Beach $53,554,333 $12,031,473 $19,114,865 $84,700,670 6.0%
9 - Southwestern $50,071,564 $10,817,918 $13,255,988 $74,145,470 5.3%
10 - Broward $77,816,153 $18,345,627 $36,703,555 $132,865,335 9.5%
11 - Southern $30,656,383 $6,916,005 $11,606,187 $49,178,575 3.5%
Table 4 - Impact of Start-Up
Firms by FSBDC Region
Impact of the Florida SBDC Network on the Florida Economy
ECONOMIC IMPACT
2013 Analysis
13
ent across the various regions—there are differences in the impact
figures as a percentage of the state total. For example, Region 5 of the
microbusiness segment accounts for 19.9%of all jobs created and 20.2%
of all sales generated. These patterns can be seen across all targeted seg-
ments of FSBDC activity. For example, the SME segment (Table 5) has
a similar regional distribution for sales as the microbusiness (Table 3),
Region Direct Effect Indirect Effect Induced Effect Total Effect % of State
Small and Medium Size Enterprise (SME)
1 - Northwestern 758 221 261 1240 7.9%
2 - Northern Coast 57 12 16 85 0.5%
3 - North Central 141 29 50 220 1.4%
4 - Northeastern 1619 573 720 2912 18.5%
5 - Central 2105 798 1012 3915 24.9%
6 - Western 2412 778 1301 4491 28.6%
7 - South Central 111 30 30 171 1.1%
8 - Palm Beach 395 93 144 632 4.0%
9 - Southwestern 353 99 117 569 3.6%
10 - Broward 683 148 285 1116 7.1%
11 - Southern 204 65 108 377 2.4%
Economic Output/Sales (US $)
1 - Northwestern $106,654,655 $25,707,936 $30,509,197 $162,871,788 7.8%
2 - Northern Coast $6,660,678 $1,381,738 $1,802,774 $9,845,191 0.5%
3 - North Central $19,691,772 $3,636,311 $6,096,750 $29,424,833 1.4%
4 - Northeastern $233,956,233 $68,991,951 $86,408,219 $389,356,402 18.7%
5 - Central $302,422,169 $95,379,166 $122,918,797 $520,720,132 25.0%
6 - Western $355,855,878 $93,164,361 $164,426,469 $613,446,708 29.5%
7 - South Central $15,952,431 $3,376,984 $3,440,622 $22,770,038 1.1%
8 - Palm Beach $48,688,958 $11,250,453 $17,995,887 $77,935,298 3.7%
9 - Southwestern $49,111,680 $11,700,680 $14,194,995 $75,007,356 3.6%
10 - Broward $74,986,642 $17,240,232 $34,585,568 $126,812,442 6.1%
11 - Southern $31,952,794 $8,247,927 $13,842,327 $54,043,047 2.6%
Value Added/Gross Regional Product (US $)
1 - Northwestern $47,241,405 $14,689,915 $18,226,582 $80,157,902 6.4%
2 - Northern Coast $4,146,569 $764,721 $1,062,715 $5,974,005 0.5%
3 - North Central $13,643,995 $2,125,807 $3,623,193 $19,392,996 1.5%
4 - Northeastern $132,170,207 $40,083,689 $51,285,089 $223,538,985 17.9%
5 - Central $166,214,891 $56,723,961 $74,202,773 $297,141,626 23.7%
6 - Western $247,563,219 $56,297,575 $98,015,231 $401,876,025 32.1%
7 - South Central $8,425,529 $1,912,259 $2,070,537 $12,408,325 1.0%
8 - Palm Beach $31,680,028 $7,117,209 $11,307,385 $50,104,622 4.0%
9 - Southwestern $32,655,368 $7,055,164 $8,645,210 $48,355,741 3.9%
10 - Broward $45,051,457 $10,621,153 $21,249,427 $76,922,036 6.1%
11 - Southern $22,523,057 $5,081,147 $8,526,995 $36,131,198 2.9%
Table 5 - Impact of SME
Firms by FSBDC Region
Impact of the Florida SBDC Network on the Florida Economy
ECONOMIC IMPACT
2013 Analysis
14
start-up (Table 4) and pre-venture (Table 6) market segments with be-
tween 60% and 70% of all economic impacts attributed to Regions 4, 5,
and 6.
The IMPLAN® model also allows us to consider the impacts across
critical economic sectors and assess the types of jobs that were created
Region Direct Effect Indirect Effect Induced Effect Total Effect % of State
Pre-Venture
1 - Northwestern 152 31 38 222 14.50%
2 - Northern Coast 12 3 4 18 1.20%
3 - North Central 35 8 15 57 3.70%
4 - Northeastern 74 19 28 121 7.90%
5 - Central 115 40 53 208 13.60%
6 - Western 339 107 182 627 40.90%
7 - South Central 22 7 9 39 2.50%
8 - Palm Beach 23 7 10 40 2.60%
9 - Southwestern 25 7 9 41 2.70%
10 - Broward 11 4 6 20 1.30%
11 - Southern 74 23 41 138 9.00% Economic Output/Sales (US $)
1 - Northwestern $12,048,783 $3,653,296 $4,452,209 $20,154,289 10.50%
2 - Northern Coast $1,467,013 $294,999 $407,089 $2,169,100 1.10%
3 - North Central $5,500,016 $958,250 $1,766,498 $8,224,765 4.30%
4 - Northeastern $7,847,021 $2,209,014 $3,400,671 $13,456,705 7.00%
5 - Central $13,884,386 $4,505,953 $6,424,084 $24,814,423 12.90%
6 - Western $48,698,016 $12,564,249 $22,936,402 $84,198,667 43.70%
7 - South Central $3,754,701 $734,060 $1,087,385 $5,576,145 2.90%
8 - Palm Beach $3,511,677 $899,711 $1,193,776 $5,605,164 2.90%
9 - Southwestern $3,535,246 $852,755 $1,056,021 $5,444,023 2.80%
10 - Broward $1,466,310 $439,872 $679,073 $2,585,255 1.30%
11 - Southern $12,056,390 $2,871,733 $5,325,313 $20,253,437 10.50%
Value Added/Gross Regional Product (US $)
1 - Northwestern $7,610,540 $2,145,699 $2,659,877 $12,416,116 9.70%
2 - Northern Coast $964,683 $164,299 $239,975 $1,368,958 1.10%
3 - North Central $4,058,837 $576,093 $1,049,773 $5,684,703 4.40%
4 - Northeastern $5,382,993 $1,323,251 $2,018,382 $8,724,627 6.80%
5 - Central $9,081,778 $2,736,124 $3,878,005 $15,695,907 12.30%
6 - Western $35,400,545 $7,649,404 $13,672,588 $56,722,537 44.40%
7 - South Central $2,730,986 $419,245 $654,521 $3,804,752 3.00%
8 - Palm Beach $2,568,835 $576,162 $750,110 $3,895,106 3.00%
9 - Southwestern $2,517,569 $516,222 $643,075 $3,676,866 2.90%
10 - Broward $1,025,269 $272,734 $417,303 $1,715,306 1.30%
11 - Southern $9,097,099 $1,782,620 $3,280,419 $14,160,138 11.10%
Table 6 - Impact of Pre-Venture
Firms by FSBDC Region
Impact of the Florida SBDC Network on the Florida Economy
ECONOMIC IMPACT
2013 Analysis
15
(directly, indirectly and induced) as a result of FSBDC activities. The
data in Table 7, shown on the following page, represent the top 10 oc-
cupations affected by FSBDC activities. We note that the general titles
are indicative of the types of jobs that will be created. What these data
indicate is that the FSBDC Network is involved in creating high-wage,
high-skill jobs among budding entrepreneurs and established small busi-
nesses looking to grow. Indeed, three out of the five largest categories
of job-types created are high-wage, high-skill occupations.
Summary. Florida SBDC Network consulting activities resulted in
the creation of 8,182 jobs for established firms between 2011 and
2012 over and above average growth rates for the represented in-
dustries. Moreover, businesses working with the FSBDC were able
to save or retained an additional 18,959 jobs for a total of 27,141
jobs. These growth/retention activities, in turn, resulted in adding,
retaining or saving an additional 20,709 jobs for a total jobs impact
of 47,845 as a result of the Florida SBDC Network. These activi-
ties added $3.8 billion dollars to the overall size of Florida’s econo-
my. It is important to note that the economic impacts associated with
FSBDC activity have increased relative to our 2012 study.
The Haas Center conducted a similar study in 2012 using an identical
methodology for determining the economic impacts of FSBDC activity.
Table 7 presents a comparison of our 2012 findings with our findings in
Rank Occupation Description Jobs
1 Management, scientific and technical consulting services 6,434
2 Maintenance and repair construction of nonresidential structures 5,568
3 All other miscellaneous professional, scientific and technical services 5,189
4 Legal services 3,009
5 Retail Stores - food and beverage 2,474
6 Architectural, engineering and related services 2,056
7 Food services and drinking places 2,027
8 Wholesale trade businesses 1,623
9 Custom computer programming services 1,303
10 Employment services 1,290
Table 7 - Impact by Sector
Type of Impact
State-Wide Impact (US $)
2012 2013
Total Jobs 43,856 47,845
Sales/Output $5.95 billion $6.29 billion
$3.3 billion $3.8 billion Value Added/
GRP
Table 8 - Year-over-Year
Comparison
Impact of the Florida SBDC Network on the Florida Economy
ECONOMIC IMPACT
2013 Analysis
16
this report. As the table illustrates, total jobs increased by 9% while total
sales/output and value added grew by 5.4% and 15% respectively.
Although the network produces a substantial number of jobs and adds
to the economy, we must examine FSBDC fiscal impacts in order to
determine the return on invest-
ment (ROI) for Florida. The
FSBDC Network receives its
funding from two sources; federal
appropriations and local and re-
gional match investment provided
by host partner institutions of
higher education and public and
private sector organizations.
(Match funding is necessary to lev-
erage federal FSBDC program funding—otherwise the federal dollars
would not come to the state of Florida, at least in the form of small
business development activities.) The FSBDC program does not receive
any direct appropriation funding from the state of Florida for program
activities. The annual cost of the FSBDC operation for the period under
study was $11.4 million. Of this, the FSBDC leveraged $5.36 million in
host partner investment to access $6.1 million in federal
funding for its activities. Thus, it is assumed that the total
cost of operating the network to Florida was $5.36 million
(we did not include the small share of federal dollars that
were paid by Floridians).
Utilizing IMPLAN® fiscal impact module, we calculated
the tax impacts displayed in Table 8 by summing the tax
impacts for each of the 11 regions. These impacts are bro-
ken out into four different types—collections associated
with employee compensation, indirect business tax, house-
hold taxes and corporate taxes. Across the various catego-
ries, the data indicate that the SBDC was responsible for
generating approximately $214.6 million in tax revenue for
the State of Florida as a result of its consulting activities for
the $5.36 million invested (as indicated in Table 10). This yields a bene-
fit to cost ratio of $40.04 indicating that the FSBDC returns just over
$40.04 in tax revenue to the State for every dollar invested. Moreover,
the average cost for each job created or saved/retained is approximately
FISCAL IMPACT
Type of Taxation Jobs Created (US $) Jobs Saved (US $)
Employee Compensation $517,264 $1,109,546
Indirect Business Tax $64,770,805 $136,147,700
Households $2,552,276 $5,375,035
Corporations $1,585,966 $2,560,548
Total $69,426,311 $145,192,829
Table 9 - Fiscal Impacts
Table 10 - Return on Investment
Returns per Dollar of Florida Taxpayer
Investment (US $)
State Investment $5.36 million
State Tax Revenues Generated $214.6 million
Benefit/Cost Ratio $40.04
Taxpayer Cost Per Job (US $)
State Investment $5.36 million
Jobs Created/Saved/Retained 47,845
Cost per Job $112.03
Impact of the Florida SBDC Network on the Florida Economy
CONCLUSION
2013 Analysis
17
$112.03, which is, compared to the broader economic development are-
na, highly favorable.
There are, of course, many ways to benchmark job creation mechanisms
against investment, against each other and against other opportunities
that would generate a greater return for each dollar invested. That is be-
yond the scope of this study. However, the overarching conclusion that
the SBDC yields a positive return on the investment of taxpayer dollars
is supported by the data that are presented in this section.
The analysis of the Florida SBDC Network included in this document
benchmarks the network utilizing methodologies that produce results
that are comparable to others in the industry. The data indicate that
Florida’s $5.36 million investment leverages roughly that same amount
in federal funding (approximately $6.1 million) for the network. Moreo-
ver, for a total state investment of $5.36 million, the Florida SBDC Net-
work helped to create or retain more than 47,845 Florida jobs (direct,
indirect and induced) while generating nearly $6.3 billion in economic
activity and contributing $3.8 billion to Florida’s economy.
The return for Florida investment is substantial as well. For every $1 of
Florida investment in the program the Florida SBDC Network returns
over $40 to the state in revenue, and for each job created or retained it
“costs” Florida $112 in investment. Naturally the results are dependent,
in some degree, on the assumptions utilized in the modeling strategy
developed by Chrisman. We discussed some of those assumptions in the
methodological overview. We continue that discussion in Appendix C
where we outline (and detail) our inputs and associated assumptions.
CONCLUSION
Impact of the Florida SBDC Network on the Florida Economy
APPENDIX A
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APPENDIX A
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APPENDIX A
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APPENDIX A
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APPENDIX A
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APPENDIX A
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APPENDIX A
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APPENDIX A
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APPENDIX A
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APPENDIX A
Impact of the Florida SBDC Network on the Florida Economy
APPENDIX B
2013 Analysis
43
APPENDIX B: SBDC Regional Identification
Table B: FSBDC Regional Identification
Region SBDC Office Location Counties Included in Region
Region 1 FSBDC at UWF Escambia, Okaloosa, Santa Rosa and Walton
Region 2 FSBDC at GCSU Bay, Calhoun, Gulf, Holmes, Jackson and Washington
Region 3 FSBDC at FAMU Franklin, Gadsden, Jefferson, Leon, Liberty, Madison, Taylor and Wakulla
Region 4 FSBDC at UNF Alachua, Baker, Bradford, Citrus, Clay, Columbia, Dixie, Duval, Gilchrist, Hamilton, Lafayette, Levy, Marion, Nassau, Putman, St. Johns, Suwannee and Union
Region 5 FSBDC at UCF Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter and Volusia
Region 6 FSBDC at USF Desoto, Hardee, Hernando, Highlands, Hillsborough, Manatee, Pasco, Pinellas, Polk and Sarasota
Region 7 FSBDC at IRSC Indian River, Martin, Okeechobee and St. Lucie
Region 8 FSBDC at PBSC Palm Beach
Region 9 FSBDC at FGCU Charlotte, Collier, Glades, Hendry and Lee
Region 10 FSBDC at Broward Broward
Region 11 FSBDC at MDM Dade and Monroe
Impact of the Florida SBDC Network on the Florida Economy 2013 Analysis
44
APPENDIX C
The opening section of the document contained an overview of the meth-
odological approach that we established for estimating the economic im-
pact of FSBDC Network services on the Florida economy. The ap-
proach, however, was fundamentally dependent on the model inputs and
the types of input categories chosen. As we noted, it was sometimes diffi-
cult to determine what types of businesses/employment were generated
by the models that we utilized. We therefore relied on the local structure
of the economy to estimate the most likely categories in which the growth
would be occurring for a given sector and inputted the jobs figures there.
We were also careful to choose IMPLAN categories that had wage/sales
structures that were comparable to our expectations about the types of
jobs being generated. This often forced us to utilize categories that were
not exactly correct on the descriptive side of the equation but were cor-
rect on expected values of sales. This, in turn, means that our economic
impact figures are much more accurate than the overall descriptive titles
of the types of jobs generated. We therefore prioritized correct dollar
estimates over job description.
We divided the inputs into two categories for established firms: jobs cre-
ated and jobs saved. Pre-venture firms encompassed only the jobs created
category (by definition pre-venture firms do not have an impact on jobs
saved because they are new businesses). Again, although some of the cat-
egories may not appear intuitive in relation to FSBDC activities, the
wage estimates match best with reported FSBDC survey data for the cate-
gories included.
The FSBDC classifies all surveyed firms as falling into five industries: re-
tail, service, wholesale, manufacturing and construction. In order to find
the distribution of SBDC assisted job creation at the sector level, the Cen-
ter utilized industry job reports for 2012 provided by Economic Modeling
Specialists, Inc. (EMSI) to determine total sector-specific job creation.
These reports utilize North American Industry Classification System
(NAICS) codes which provide detailed employment figures for each sec-
tor within the five industries used by the FSBDC. Each code represents a
subset of the FSBDC industry classification. Please note, these figures
represent total job creation and not just those associated with FSBDC
assisted firms.
Haas Center researchers then grouped these employment figures into re-
gions corresponding with the 11 regions found throughout the FSBDC
Network; by doing so, we were able to determine total job creation at the
sector level for each region. We then calculated the employment distribu-
tion across the top three NAICS sectors in relation to the larger FSBDC
APPENDIX C: Methodology for Determining IMPLAN Inputs
Impact of the Florida SBDC Network on the Florida Economy 2013 Analysis
45
APPENDIX C
industry classification for each region.
In order to determine total FSBDC assisted job creation across the en-
tire population of FSBDC assisted firms for each region, we multiplied
FSBDC assisted job creation totals from the surveyed established firms
by four and job creation totals from pre-ventured firms by seven.
These multipliers were based on the percentage of firms surveyed in
relation to the entire population of FSBDC assisted firms—both estab-
lished and pre-ventured. We were then able to apply each region’s sec-
torial employment distribution to the total regional FSBDC assisted
job creation figures thus providing us with precise FSBDC assisted job
creation figures at the sector level.
These figures were used as inputs for modeling the direct, indirect and
induced impacts (jobs, total output/sales and value added/GRP) at the
regional level. Our determinations for the economic impacts at the
state level were derived by summing each region’s employment, total
output/sales and value added/GRP effects. Table C on the following
pages presents this information for each region.
Impact of the Florida SBDC Network on the Florida Economy 2013 Analysis
46
Table C: Regional IMPLAN Inputs
Region Sector NAICS Industry Sector Sectorial
Distribution IMPLAN
Jobs Created
Saved Jobs
Region 1 UWF
Retail
4529 General Merchandise 50% 329 54 10
4451 Grocery Stores 25% 324 27 5
4481 Clothing Stores 25% 327 27 5
Service
5413 Arch., Eng., and Related Srvs. 40% 369 222 237
5415
Comp. Systems Design and Related Srvs. 30% 371 166 178
5416
Mngt., Sci., and Tech. Consulting Services 30% 374 166 178
Wholesale
4244
Grocery and Related Product Mer-chant Wholesalers 40% 319 6 78
4251
Wholesale Electronic Markets and Agents and Brokers 30% 319 5 58
4238
Machinery, Equipment, and Sup-plies Merchant Wholesalers 30% 319 5 58
Manufacturing
3364
Aerospace Product and Parts Man-ufacturing 60% 284 44 22
3252
Resin, Syn. Rubber, and Artificial Syn. Fibers and Filaments Mfg. 30% 127 22 11
3391
Medical Equipment and Supplies Manufacturing 10% 305 7 4
Construction
2382 Building Equipment Contractors 50% 39 -49 517
2383 Building Finishing Contractors 30% 39 -29 310
2361 Residential Building Construction 20% 39 -19 207
Region 2 GCSU
Retail 4529 Other General Merchandise Stores 40% 324 3 22
4451 Grocery Stores 40% 324 3 22
4521 Department Stores 20% 329 2 11
Service
5413 Arch., Eng., and Related Srvs. 50% 369 46 98
5412
Acc., Tax Preparation, Bookkeep-ing, and Payroll Services 25% 368 23 49
5419
Other Professional, Scientific, and Technical Services 25% 380 23 49
Manufacturing
3366 Ship and Boat Building 50% 290 1 8
3141 Textile Furnishings Mills 25% 82 0 4
3221 Pulp, Paper, and Paperboard Mills 25% 104 0 4
Construction
2382 Building Equipment Contractors 35% 39 -2 3
2389 Other Specialty Trade Contractors 35% 39 -2 3
2361 Residential Building Construction 30% 39 -2 3
Impact of the Florida SBDC Network on the Florida Economy 2013 Analysis
47
Region 5 UCF
Retail
4451 Grocery Stores 40% 324 49 254
4529 Other General Merchandise Stores 35% 324 43 222
4481 Clothing Stores 25% 327 31 159
Service
5416 Mngt., Sci., and Tech. Consulting Services 40% 374 732 842
5413 Arch., Eng., and Related Srvs. 30% 369 549 631
5419 Other Professional, Scientific, and Technical Services 30% 380 549 631
Wholesale
4244 Grocery and Related Product Mer-chant Wholesalers 40% 319 18 40
4234 Profess. and Comm. Equipment and Supplies Merchant Whl. 30% 319 13 30
4251 Wholesale Electronic Markets and Agents and Brokers 30% 319 13 30
Manufacturing
3344 Semiconductor and Other Elec-tronic Component Mfg. 50% 241 60 133
3364 Aerospace Product and Parts Man-ufacturing 30% 284 36 80
3345 Nav., Measuring, Electromedical, and Control Instruments Mfg. 20% 248 24 53
Construction
2382 Building Equipment Contractors 40% 39 -27 82
2383 Building Finishing Contractors 30% 39 -20 62
2389 Other Specialty Trade Contractors 30% 39 -20 62
Region 6 USF
Retail
4451 Grocery Stores 50% 324 72 280
4529 Other General Merchandise Stores 25% 324 36 140
4521 Department Stores 25% 329 36 140
Service
5416 Mngt., Sci., and Tech. Consulting Services 35% 374 937 1114
5419 Other Professional, Scientific, and Technical Services 35% 380 937 1114
5411 Legal Services 30% 367 803 955
Wholesale
4234 Profess. and Comm. Equipment and Supplies Merchant Whl. 35% 319 24 47
4244 Grocery and Related Product Mer-chant Wholesalers 35% 319 24 47
4251 Wholesale Electronic Markets and Agents and Brokers 30% 319 21 40
Manufacturing
3231 Printing and Related Support Ac-tivities 35% 113 52 72
3391 Medical Equipment and Supplies Manufacturing 35% 305 52 72
3399 Other Miscellaneous Mfg. 30% 310 44 62
Construction
2382 Building Equipment Contractors 50% 39 -77 202
2383 Building Finishing Contractors 25% 39 -39 101
2389 Other Specialty Trade Contractors 25% 39 -39 101
Table C: Regional IMPLAN Inputs (Continued)
Region Sector NAICS Industry Sector Sectorial
Distribution IMPLAN
Jobs Created
Saved Jobs
Impact of the Florida SBDC Network on the Florida Economy 2013 Analysis
48
Region 3 FAMU
Retail
4451 Grocery Stores 45% 324 4 44
4529 Other General Merchandise Stores 35% 324 3 34
4521 Department Stores 20% 329 2 20
Service
5411 Legal Services 35% 367 44 84
5419 Other Professional, Scientific, and Technical Services 35% 380 44 84
5416 Mngt., Sci., and Tech. Consulting Services 30% 374 38 72
Wholesale
4244 Grocery and Related Product Mer-chant Wholesalers 50% 319 1 0
4234 Profess. and Comm. Equipment and Supplies Merchant Whl 30% 319 0 0
4231 Moto Vehicle & Moto Vehicle Parts and Supplies Merchant Whl 20% 319 0 0
Manufacturing
3221 Pulp, Paper, and Paperboard Mills 40% 104 0 4
3231 Printing and Related Support Activ-ities 30% 113 0 3
3259 Other Chemical Product and Prepa-ration Manufacturing 30% 140 0 3
Construction
2382 Building Equipment Contractors 30% 39 0 2
2383 Building Finishing Contractors 30% 39 0 2
2389 Other Specialty Trade Contractors 30% 39 0 2
Region 4 UNF
Retail
4451 Grocery Stores 50% 324 96 260
4529 Other General Merchandise Stores 30% 324 57 156
4411 Automobile Dealers 20% 320 38 104
Service
5416 Mngt., Sci., and Tech. Consulting Services 35% 374 368 554
5419 Other Professional, Scientific, and Technical Services 35% 380 368 554
5415 Computer Systems Design and Re-lated Services 30% 371 315 475
Wholesale
4234 Profess. and Comm. Equipment and Supplies Merchant Whl. 35% 319 37 69
4244 Grocery and Related Product Mer-chant Wholesalers 35% 319 37 69
4251 Wholesale Electronic Markets and Agents and Brokers 30% 319 32 59
Manufacturing
3391 Medical Equipment and Supplies Manufacturing 50% 305 56 122
3222 Converted Paper Product Manufac-turing 25% 107 28 61
3364 Aerospace Product and Parts Man-ufacturing 25% 284 28 61
Construction
2382 Building Equipment Contractors 50% 39 -61 180
2383 Building Finishing Contractors 25% 39 -30 90
2389 Other Specialty Trade Contractors 25% 39 -30 90
Table C: Regional IMPLAN Inputs (Continued)
Region Sector NAICS Industry Sector Sectorial
Distribution IMPLAN
Jobs Created
Saved Jobs
Impact of the Florida SBDC Network on the Florida Economy 2013 Analysis
49
Region 7 IRSC
Retail
4451 Grocery Stores 50% 324 2 0
4529 Other General Merchandise Stores 30% 324 1 0
4441 Building Material and Supplies Dealers 20% 323 1 0
Service
5419 Other Professional, Scientific, and Technical Services 40% 380 18 104
5416 Mngt., Sci., and Tech. Consulting Ser-vices 30% 374 14 78
5412 Accounting, Tax Preparation, Bookkeeping, and Payroll Services 30% 368 14 78
Wholesale
4234 Profess. and Comm. Equipment and Supplies Merchant Whl 70% 319 16 5
4239 Miscellaneous Durable Goods Mer-chant Wholesalers 15% 319 3 1
4251 Wholesale Electronic Markets and Agents and Brokers 15% 319 3 1
Manufacturing
3364 Aerospace Product and Parts Manufac-turing 60% 284 19 2
3114 Fruit and Vegetable Preserving and Specialty Food Mft 20% 53 6 1
3366 Ship and Boat Building 20% 290 6 1
Construction
2382 Building Equipment Contractors 40% 39 -7 45
2389 Other Specialty Trade Contractors 30% 39 -5 34
2383 Building Finishing Contractors 30% 39 -5 34
Region 8 PBSC
Retail
4451 Grocery Stores 50% 324 4 11
4529 Other General Merchandise Stores 30% 324 2 7
4481 Clothing Stores 20% 327 1 4
Service
5416 Mngt., Sci., and Tech. Consulting Ser-vices 40% 374 72 138
5419 Other Professional, Scientific, and Technical Services 30% 380 54 103
5411 Legal Services 30% 367 54 103
Wholesale
4244 Grocery and Related Product Merchant Wholesalers 40% 319 5 15
4234 Profess. and Comm. Equipment and Supplies Merchant Whl. 30% 319 4 11
4251 Wholesale Electronic Markets and Agents and Brokers 30% 319 4 11
Manufacturing
3391 Medical Equipment and Supplies Man-ufacturing 40% 305 7 0
3273 Cement and Concrete Product Manu-facturing 30% 160 5 0
3231 Printing and Related Support Activities 30% 113 5 0
Construction
2382 Building Equipment Contractors 40% 39 -6 380
2383 Building Finishing Contractors 30% 39 -4 285
2381 Foundation, Structure, and Building Exterior Contractors 30% 39 -4 285
Table C: Regional IMPLAN Inputs (Continued)
Region Sector NAICS Industry Sector Sectorial
Distribution IMPLAN
Jobs Created
Saved Jobs
Impact of the Florida SBDC Network on the Florida Economy 2013 Analysis
50
Region 9 FGCU
Retail
4451 Grocery Stores 50% 324 47 73
4521 Department Stores 30% 329 28 44
4481 Clothing Stores 20% 327 19 29
Service
5416 Mngt., Sci., and Tech. Consulting Ser-vices 35% 374 119 221
5411 Legal Services 35% 367 117 221
5419 Other Professional, Scientific, and Technical Services 30% 380 102 189
Wholesale
4244 Grocery and Related Product Mer-chant Wholesalers 50% 319 11 50
4234 Profess. and Comm. Equipment and Supplies Merchant Whl 25% 319 6 25
4251 Wholesale Electronic Markets and Agents and Brokers 25% 319 6 25
Manufacturing
3364 Aerospace Product and Parts Manu-facturing 60% 284 19 5
3113 Sugar and Confectionery Product Manufacturing 20% 48 6 2
3231 Printing and Related Support Activities 20% 113 6 2
Construction
2382 Building Equipment Contractors 40% 39 -47 38
2383 Building Finishing Contractors 30% 39 -35 28
2361 Residential Building Construction 30% 39 -35 28
Region 10 BRC
Retail
4451 Grocery Stores 50% 324 10 4
4461 Health and Personal Care Stores 25% 325 5 2
4521 Department Stores 25% 329 5 2
Service
5411 Legal Services 40% 367 57 108
5415 Computer Systems Design and Related Services 30% 371 42 81
5416 Mngt., Sci., and Tech. Consulting Ser-vices 30% 374 42 81
Wholesale
4234 Profess. and Comm. Equipment and Supplies Merchant Whl 40% 319 3 0
4251 Wholesale Electronic Markets and Agents and Brokers 30% 319 2 0
4244 Grocery and Related Product Mer-chant Wholesalers 30% 319 2 0
Manufacturing
3231 Printing and Related Support Activities 40% 113 4 6
3342 Communications Equipment Manu-facturing 30% 237 3 5
3391 Medical Equipment and Supplies Man-ufacturing 30% 305 3 5
Construction
2382 Building Equipment Contractors 50% 39 -5 1091
2383 Building Finishing Contractors 30% 39 -3 655
2381 Foundation, Structure, and Building Exterior Contractors 20% 39 -2 436
Table C: Regional IMPLAN Inputs (Continued)
Region Sector NAICS Industry Sector Sectorial
Distribution IMPLAN
Jobs Created
Saved Jobs
Impact of the Florida SBDC Network on the Florida Economy 2013 Analysis
51
APPENDIX C
Table C: Regional IMPLAN Inputs (Continued)
Region Sector NAICS Industry Sector Sectorial
Distribution IMPLAN
Jobs Created
Saved Jobs
Region 11 MDM
Retail
4451 Grocery Stores 50% 324 3 20
4481 Clothing Stores 30% 327 2 10
4521 Department Stores 20% 329 1 7
Service
5411 Legal Services 40% 367 76 144
5416 Mngt., Sci., and Tech. Consulting Services 30% 374 53 108
5419 Other Professional, Scientific, and Technical Services 30% 380 53 108
Wholesale
4251 Wholesale Electronic Markets and Agents and Brokers 35% 319 6 20
4244 Grocery and Related Product Mer-chant Wholesalers 35% 319 6 20
4234 Profess. and Comm. Equipment and Supplies Merchant Whl 30% 319 5 17
Manufactur-ing
3231 Printing and Related Support Activi-ties 40% 113 2 17
3391 Medical Equipment and Supplies Manufacturing 30% 305 3 12
3118 Bakeries and Tortilla Manufacturing 30% 62 2 12
Construction
2382 Building Equipment Contractors 40% 39 -3 28
2383 Building Finishing Contractors 30% 39 -2 20
2361 Residential Building Construction 30% 39 -2 21
Total All Regions 8182 18959
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