Illinois Small Business Development Center
Illinois SBDC International Trade Center at Bradley University
The attached report summarizes the client activity and economic impact for the Illinois Entrepreneurship Network (IEN) Centers located in the North Central Region. The North Central Region includes DeWitt, Fulton, Livingston, Marshall, Mason, McLean, Peoria, Stark, Tazewell, and Woodford counties. Funding for these centers is provided, in part, by the Illinois Department of Commerce and Economic Opportunity (DCEO), the U.S. Small Business Administration (SBA) the U.S. Department of Defense (DoD), National Institute of Standards and Technology (NIST) and the host institutions where these centers are located.
These centers provide management, marketing and technical assistance, consulting services, education and training workshops and seminars and information to individuals interested in starting their own business; to owners and managers of existing small businesses; to individuals and small companies needing assistance to develop new products and technologies; to companies seeking to expand their sales by entering new markets, both domestically and foreign, or by doing business with federal, state and local governments, and to manufacturers seeking to contain costs, improve quality and optimize their supply chains.
For more information on specific programs, services and upcoming events provided by these IEN centers, contact information for each center is provided below, or you may contact the IEN Help Line at 1-800-252-2923 for information or referral to the appropriate service provider.
Distribution of this report is primarily by email. If we do not have your email address, we would appreciate adding it to our distribution list. Also, if you know of someone else who should receive this report please contact us at 309-677-4321 or by email.
The host institution for the following IEN center is Illinois Central College Illinois Procurement Technical Assistance Center Linda Krendick, Director 309-999-4590 www.icc.edu/ptac | The host institution for the following IEN center is Illinois State University Illinois Small Business Development Center Elizabeth Binning, Director 309-438-3610 www.sbdc.ilstu.edu |
The host institution for the following IEN center is Western Illinois University Illinois Small Business Development Center Dan Voorhis, Director 309-836-2640 www.wiusbdc.org |
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The host institution for the following IEN centers is Bradley University |
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Turner Center for Entrepreneurship 309-677-4321 www.bradley.edu/turnercenter/centers/ecenter.html |
Illinois Small Business Development Center Ken Klotz, Director 309-677-2992 www.bradley.edu/turnercenter/centers/sbdc.html |
Illinois SBDC International Trade Center & NAFTA Opportunity Center Jim Foley, Director 309-677-3075 www.bradley.edu/turnercenter/itc.html |
Bradley University Technology Commercialization Center Shad Sleeth, Executive Director 309-677-4429 www.bradley.edu/btcc |
Illinois Manufacturing Extension Center Tucker Kennedy, V.P. Marketing 309-687-4633 www.imec.org |
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| Clients Served | 9/30/2008 | 12/31/2008 | 3/31/2009 | 6/30/2009 | Total | |
| Type of Business | ||||||
| Technology | 13 | 15 | 19 | 22 | 69 | |
| Manufacturing | 85 | 177 | 75 | 153 | 490 | |
| Service | 46 | 61 | 48 | 56 | 211 | |
| Construction | 11 | 25 | 30 | 26 | 92 | |
| Retail | 27 | 41 | 31 | 43 | 142 | |
| Not in Business | 101 | 111 | 90 | 165 | 467 | |
| Total Clients Served | 283 | 430 | 293 | 465 | 1,471 | |
| Economic Impact | ||||||
| New Business Ventures | 8 | 10 | 5 | 20 | 43 | |
| New Sales (domestic, foreign, & gov't contracts) | $114,279,313 | $161,378,456 | $2,100,246 | $487,196,494 | $764,954,509 | |
| Sales Retained | $66,623 | $10,210,000 | $850,000 | $5,000 | $11,131,623 | |
| New Financing (debt, equity, & research grants) | $1,354,311 | $3,040,750 | $281,000 | $95,324,777 | $100,000,838 | |
| Cost Savings | $28,200 | $529,500 | $440,000 | $4,200 | $1,001,900 | |
| New Jobs Created | 52 | 105 | 15 | 210 | 382 | |
| Jobs Retained | 249 | 793 | 46 | 1,503 | 2,591 | |
*The North Central Region includes DeWitt, Fulton, Livingston, Marshall, Mason, McLean, Peoria, Stark, Tazewell, and Woodford counties.
Information in this report is provided by the Turner Center for Entrepreneurship, The Small Business Development Center (SBDC), Illinois SBDC International Trade Center (ITC), NAFTA Opportunity Center (NOC), Bradley University Technology Commercialization Center (BTCC), and the Illinois Manufacturing Extension Center (IMEC) at Bradley University, and the Procurement Technical Assistance Center (PTAC) at Illinois Central College, the Illinois Small Business Development Center (SBDC) at Illinois State University, and the Illinois Small Business Development Center at Western Illinois University serving Fulton and Mason counties.