Performance Measure

Agency Department of Small Business and Supplier Diversity (350) All measures for this agency • Number of jobs created and retained by businesses receiving loans from the Virginia Small Business Financing Authority [350.0005] • Make available a pool of Small, Women, and Minority (SWaM) and Disadvantaged Business Enterprise (DBE) certified vendors for local, state, and corporate/private entities. [350.0007] • Enhance the Reporting and Data Outputs to measure the SWaM and DBE IMPACT on the community (i.e. localities, higher education, and state). [350.0006] • Unit cost of processing certification applications (total costs required for processing applications, divided by, number of certification applications processed) [350.0008] • Continuous education and marketing to the Financial Services Industry (Banking) of the need for “gap” funding for SWaM and DBE businesses as they compete and acquire contracts. [350.0001] • Average number of days to process a Small, Women, and Minority (SWaM) certification application. [350.0002] • Number of small promotional activities aimed at Small, Women, Minorities and Disadvantaged Business Enterprises [350.0003] • Provide education and outreach to assist Virginia small businesses with strategic growth and development. [350.0004] • Number of partners collaborated with annually to support Virginia small businesses. [350.0009] • Support of service disabled veteran businesses through certification. [350.0010] • Number of presentations to financial institutions and economic development partners. [350.0011]

Measure Name Enhance the Reporting and Data Outputs to measure the SWaM and DBE IMPACT on the community (i.e. localities, higher education, and state).

Measure Last Modified Sep 21 2018 05:36 Measure Last Published Sep 04 2019 02:48 Measure Status Retired Data Source and Calculation Loans database. Results are the sum of all loans relating to this program Enterprise Priorities and Strategies Enterprise Initiative Enterprise Priority Enterprise Strategy Government and Citizens Fiscal Stewardship Manage public resources efficiently and effectively in challenging economic conditions. StandIn X Associated Service Areas SA Code SA Name 53423 Financial Services for Economic Development StandIn X

Measure ID 350.0006 Measure Class Agency Key Measure Type Output Year Type State FY Preferred Trend Increase Frequency Annually Statistical Unit number

Baseline and Targets Target Name Date Result Note Baseline Short Target 2020 Long Target 2022 StandIn X

Measure Results Year Result Explanatory Note 2013 64,790,663.00 2014 37,134,653.00 2015 56,927,300.00 2016 52,914,243.00 2017 71,158,284.00 2018 53,345,452.00 2019 StandIn X

- Run Date: 09/12/2021 01:04:38