The director of the Indiana Small Business Development Center says 2015 was a record year. In a letter to supporters, Jacob Schpok says the ISBDC helped clients launch more than 240 businesses, which created the equivalent of over 1,400 full-time jobs.
Clients also raised some $112 million in capital. All three figures beat previous records set in 2014. The organization says every dollar it invested resulted in $30 of new capital for clients.
Schpok serves as executive director of the Indiana Office of Small Business and Entrepreneurship. He says these numbers provide a snapshot and a full annual report for the ISBDC will be released shortly. The ISBDC has 10 regional offices throughout the state.