Impact: 2015 Year

  • Cherryhill & Don White at Expo 2009

    Helping today's entrepreneurs create tomorrow's economy.

    By providing entrepreneurs and small businesses with the tools they require to build and grow successful businesses, the Indiana University of Pennsylvania Small Business Development Center (SBDC) is having a positive impact on the commonwealth.

    Indiana County MapIn 2015, more than 2,869 hours of service were provided to our clients using a combination of experienced faculty, professional staff, and students. 

    Number of clients counseled 164
    Number of new clients 62
    Bought/Started a Business 23
    Educational Seminars 9
    Seminar Attendees 105
    Financing Raised for Clients
    Total Financing Raised $4,095,614 
    Commercial Bank Loans $1,843,627
     Lines of Credit$543,000 
     Equity and Owner Investments$1,290,156 
     Seller Financing$285,403 
    Public Sector/Gov't Loans $117,500
    Ben Franklin Grant

    $15,928

    The IUP Small Business Development Center’s efforts contribute significantly to the overall impact of the Pennsylvania Small Business Development Center program.