Inland Empire Center for Entrepreneurship Publishes Annual Impact Report

SAN BERNARDINO, Calif. - Sept. 12, 2023 - PRLog -- The Inland Empire Center for Entrepreneurship (IECE) at California State University, San Bernardino (CSUSB) has published the 2022 Impact Report and the data shows that the IECE continues to have a growing and impactful economic presence in the region. Since 1999, IECE's impact on the region is more than $534 million.

The findings show that in 2022, the IECE continued to increase its economic impact on the region with a net positive contribution of more than $129 million when total loans, contracts and exports are combined. That was a $50 million increase over 2021.

"That's only the direct economic impact, that doesn't account for any multiplier effects," said Mike Stull, Director of IECE. "We are thrilled our programs continue to make an impact on entrepreneurship in the region."

In 2022, IECE assisted more than 20,000 businesses and was also responsible for the creation and/or retention of approximately 2,310 jobs. More than 300 new businesses were started and nearly 17,000 people attended trainings.

Several new programs and initiatives were introduced in 2022 to address distinct service gaps, based on the findings from 2021 State of Entrepreneurship report. Those include: Catapult Growth Network + Catapult Mastermind, Financial Fitness Bootcamp: 4-Day Small Business Training and the SBDC Center for Contracting.

For a copy of the report visit https://entre.csusb.edu/.