How can we measure the effectiveness of small business development and support programs?
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Project Overview
Summary
The Economic Development Department (EDD) is seeking to create a survey to better understand and track the short and long-term economic impact and overall effectiveness of programs administered through the City’s business development organization (BDO) partners by way of its annual contract. The Business Development Organization partners in agreement with EDD include San Antonio for Growth on the Eastside (SAGE), Prosper West and Southside First. The targeted audience for this survey will include small business owners who are specifically assisted by the three participating BDOs. This will help the City of San Antonio see program pitfalls as well as positive outcomes in the community.
The work to develop the survey will include meetings with the Economic Development Department and partner organizations. Current contractual agreements require that BDOs survey program participants at intervals of six (6), eighteen (18) and thirty-six (36) months after business owner completion of identified programs.
The goals, desired outcomes, performance metrics and targets have already been established in the agreements and will be expanded on in a Q&A session.
Following is an example:
- Goal: Coordinated and sustainable small business ecosystem
- Outcome: Improved economic resiliency, well-being and opportunity for growth
- Performance Metrics: Number of businesses that report increased awareness of business programs and resources
- Target: 75% of businesses provided technical assistance reported satisfaction by the services provided to them
Another example would be:
- Goal: Support for Placemaking Efforts and Identify Future Opportunities
- Outcome: Strengthened connection between people and places
- Performance Metrics: Number of businesses participating in BDO events reporting an increase in client engagement
- Target: 75% of businesses participating in a BDO Program reported an increase in client engagement and retention.
Deliverables
A survey based on the goals, outcomes, performance metrics and targets indicated in agreements between the City of San Antonio and the business development organizations.
Funding
Funding is available, amount to be determined.
Project Team
Dr. David Han
Alvarez College of Business
University of Texas at San Antonio
Ms. Celeste Diaz Ferraro
Graduate Research Assistant
University of Texas at San Antonio
Mr. Ethan Woods
Undergraduate Research Assistant
University of Texas at San Antonio
City of San Antonio Economic Development Department