MU Extension Business Development Program releases economic impact results

From 2015 through 2017, the University of Missouri Extension Business Development Program (BDP) assisted Missouri companies with technical assistance and education resulting in:man holding chart showing economic impact

  • 813 new businesses created
  • 29,021 jobs created or retained
  • $1.19 billion in sales increases
  • $347 million in new investment
  • $1.17 billion in government contracts

This represents a more than 21 percent increase in jobs created or retained from 2014-16, sales increases of more than 13 percent and a nearly 55 percent rise in government contracts.

“These increases confirm that the BDP is successful in creating prosperity and building resilient communities across Missouri,” said Greg Tucker, BDP director. “Our counselors in offices across the state stand ready to serve nearly any business, and these results indicate we are getting it done.”

The BDP is a statewide network which helps businesses succeed in every stage from concept to startup, growth to renewal, maturity to succession through a variety of programs. In addition to MU Extension offices, business counselors are based on each campus of the University of Missouri and at other public higher education institutions throughout Missouri.

During 2015-2017, the BDP assisted Missouri companies with technical assistance and education resulting in: 813 new businesses created, 29,021 jobs created or retained, $1.19 billion in sales increases, $347 million in new investment, $1.17 billion in government contracts.

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