Economic Impact

Virgin Islands Small Business Development Center - FY 2010-2012 (10/01/2009-09/30/2012)
Includes data from St. Thomas / St. John and St. Croix Service Centers.


Fostering the Growth of Small Businesses



  • 672 clients were counseled
  • 3,235 clients attended trainings
  • 3,907 businesses/clients were assisted by the VI SBDC
  • 49% businesses were Female owned
  • 26 business were Veteran Owned


 Strengthening the Virgin Islands
economy one business at a time!


The VI SBDC helps create investment in the Virgin Islands economy. With assistance from the VI SBDC, clients obtained over $2.2 M in start-up and expansion capital during FY 10-12.



SBDC National Economic Impact 2012

Section I

SBDCs touch more than one million Entrepreneurs each year.In FY 2011, SBDC services included business consulting for 205,410 clients, training sessions for 352,290 attendees, and other forms of assistance for approximately 500,000 small businesses and aspiring entrepreneurs. SBDC clients received 2.8 million total hours of consulting and training services in FY 2011.

 Business Consulting
 Training Sessions
 Other Services
Section II

SBDCs serve women, minorities and America's veterans.In FY 2011, 44% of SBDC business consulting clients nationwide were women, 33% were minorities and 8% were veterans. In FY 2011, 44% of SBDC training clients were women, 22% were minorities and 6% were veterans.