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50 Years of ERIC
50 Years of ERIC
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ERIC Number: ED281587
Record Type: RIE
Publication Date: 1987-Apr
Pages: 21
Abstractor: N/A
Reference Count: 0
ISBN: N/A
ISSN: N/A
A Four Year Study of the Myers Center for Small Business. Pueblo Community College, April 1987.
Zeiss, P. Anthony; Hallock, Richard G.
In May 1983, Pueblo (Colorado) Community College (PCC) established the Myers Center for Small Business to assist entrepreneurs in the operation of existing businesses and the development of new ones. In March 1987, a study was conducted to determine whether the center had met its long-term goals; the number of new businesses started by center clients; the number of full-time and part-time jobs created or directly affected by center assistance; and the long-term survival rate of all businesses which had received center assistance. The study involved telephone surveys of 268 center clients and an analysis of center records. Study findings, based on a 43.6% response rate, included the following: (1) of the 117 respondents, 23 were still considering starting businesses, 32 did not intend to start businesses, 6 had started but then closed their businesses, and 56 were operating businesses; (2) 31 of the businesses were in operation before receiving center assistance and 25 began after receiving assistance; (3) the 56 operating businesses represented a total of 127 full-time and 38 part-time jobs, with 28 firms expecting to hire more employees; (4) the combined local area annual salaries of actual jobs represented by respondents were $2,167,224; (5) the combined survival rate of existing and new small businesses surveyed was 90.3%--360% above the national survival statistic rate; and (6) the center had contributed directly to the creation of 57 new small businesses and to the assistance or survival of 71 existing small businesses. (LAL)
Publication Type: Reports - Evaluative
Education Level: N/A
Audience: Practitioners
Language: English
Sponsor: N/A
Authoring Institution: Pueblo Community Coll., CO.
Identifiers: Small Business Centers