Broomfield gives funds to resource center
Last Updated: 16:13 December 12, 2013
The money will be used to help the organization continue to offer resources, consulting and other services for businesses in the area.
The resource center was launched in July 2012 with a mission to boost Broomfield's economic vitality by creating and preserving jobs and supporting business growth by offering workshops, consulting, outreach and other features.
The center works in partnership with the City and County of Broomfield's Office of Economic Development to help achieve strategic initiatives and priorities.
"We are proud to partner with the City and County of Broomfield in their initiative to serve the local Broomfield small-business community," said Mike Saunders, the center's executive director. "The entire focus of the BRC is to focus on the needs of Broomfield businesses and receiving a third round of funding helps us meet this initiative."
The center reports that in 2013, for every $1 the City and County of Broomfield has invested into the resource center, the return on investment has resulted in $32 of private-sector investment in the Broomfield business community.
During the year, the center served 127 Broomfield-area businesses and conducted 18 business seminars with 348 attendees.
BRC clients reported $1,185,137 in actual and projected capital investment in their businesses, and $1,404,146 in actual and projected sales/contract and revenue increases.
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