Performance Measure
Agency
Department of Small Business and Supplier Diversity (350)
All measures for this agency
•
Program Utilization
[350.0012]
•
Jobs retained and created
[350.0013]
•
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 network partners.
[350.0011]
Measure Name
Number of jobs created and retained by businesses receiving loans from the Virginia Small Business Financing Authority
Measure Last Modified
Sep 21 2018 05:36
Measure Last Published
Aug 26 2022 06:38
Measure Status
Retired
Data Source and Calculation
Job database Result is the sum of jobs created and retained by this program.
Associated Service Areas
SA Code
SA Name
53423
Financial Services for Economic Development
StandIn
X
Measure ID
350.0005
Measure Class
Other Agency
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 2023
Long Target 2024
StandIn
X
Measure Results
Year
Result
Explanatory Note
2013
2,672.00
2014
2,193.00
2015
2,204.00
2016
4,810.00
2017
3,310.00
2018
19,115.00
2019
StandIn
X
- Run Date:
03/28/2024 10:32:04