Boulder SBDC Foundation co Jones & Associates PC

Programs

1. Core Main Street BusinessesThe Core SBDC program focuses on small businesses in the county - retail, restaurants and service businesses - what economic development defines as secondary employers (greater than 50% of their revenue come from outside the area). We support the growth and resiliency of these small businesses providing free business consulting, practical, low-cost or free workshops, and connection to resources, including financing. Entrepreneurship series are produced to help startups. Special programming (i.e. Contract Opportunities Fair) is produce annually to provide new revenue opportunities. Consulting is provided by the Center staff as well as by a large pool of contract specialist consultants.

   $320,816 spent$283,894 earned by the program
   72% of program spending

2. Colorado Emerging VenturesColorado Emerging Ventures (CEV) is a targeted consulting and education program developed to assist scalable pre- and post-revenue businesses that are poised for high growth - including biotech, IT, aerospace, cleantech, outdoor and natural products and other key industries. CEVs signature program is the Tech Venture Accelerator (TVX), a cohort program to help accelerate the growth and development of Boulders science & technology businesses.Different from other accelerators and incubators, the focus is on non-dilutive capital sources for small innovative businesses (where the company does not give up ownership), including SBIR/STTR grants, federal R&D tax credits and support for technology commercialization to get to market faster. After piloting CEV/TVX locally for several years, the program expanded statewide as the Colorado SBDC TechSource. It supports the launch and growth of Colorado science and technology ventures-startup through second stage-with specialized consulting, accelerator programs, workshops and events - with special focus on underserved communities.

   $66,861 spent$276,734 earned by the program
   15% of program spending

3. Path to Entrepreneurship (P2e)The Path to Entrepreneurship (P2e) Program is designed to directly help businesses and individuals in our underserved communities (low-to-moderate income, minority- and women-owned) to build financial sustainability through business ownership. Significant portions of Boulder County (including Longmont, Broomfield and Lafayette) were designated by the state of Colorado as Enterprise Zones. Designating these areas is an indicator that the state recognizes these areas as economically disadvantaged and in need of government incentives to increase economic activity.P2e is a continuum of outreach, practical education/ programs and technical assistance that helps our target companies and entrepreneurs to start up new businesses and to grow existing businesses. Each program component is designed to assist participants to progress to the next level of entrepreneurial success. It is the combination of outreach, workshops/ educational programs and technical assistance that is most effective in helping the underserved population to progress.

   $42,325 spent$46,187 earned by the program
   10% of program spending

4. Special Impact ProgramsCOVID Pandemic Recovery - ARPA/SLFRFBusiness educational programs and technical support for the recovery of small businesses due to the COVID pandemic continued throughout 2023. This included basic business workshops and one-on-one confidential consulting, as well as specialized topics to help businesses to rebuild their customer bases. Accelerated Growth Program - EMRAC/Insight - Market Research Statewide ProgramThe State of Colorado legislators funded this specially-designed program to support the recovery and growth of small businesses throughout the state. Built on the foundation of accessing market research data to inform strategic business decisions, we developed and produced five online learning modules that small business owners would work through (including tests and "homework"). In parallel with the online training, the team held one-on-one consulting meetings with the business owners to provide insights and additional research as they made their growth decisions. As part of this program, 18 consultants were trained to use the market research tools and to assist the businesses. Those consultants will continue to work with SBDC small businesses,…

   $13,688 spent$228,505 earned by the program
   3% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $443,690.