Accomplishments in 2016 include:
Oakland County’s One Stop Shop Business Center (OSSBC) had an excellent year in terms of economic impact and launched several new programs to better help small business owners throughout Oakland County.
The One Stop Shop Business Center is measured by key economic impact metrics, and includes capital formation, jobs created, sales increases and new starts. In addition, the One Stop Shop Business Center is also measured in the performance/attendance of Tech 248 meetups, Walk-In Start Up Thursdays, business conducted in One Stop Shop Business Center and the launch of newly created programs.
In 2016 total capital formation received on behalf of Oakland County clients was $24,833,389.00. The One Stop Shop Business Center was responsible for 420.0 job increases, sales increases of $17,352,428.00 and 26 new starts.
In 2016 the One Stop Shop Business Center held 47 workshops with 463 attendees. Walk-In Start Up Thursday hosted 166 aspiring entrepreneurs and added a Novi location to offer these services to those who live more than twenty miles outside the county seat. Tech 248 held 11 events, hosted 816 attendees and represents 665 registered companies. In addition, the One Stop Shop Business Center hosted 466 visitors, fielded 65 data requests, had $27,532.56 in sales and $1080.00 in fees.
Innovation and creativity go a long way and in 2016 the One Stop Shop Business Center assembled five of the largest entrepreneurial support organization in Oakland County to form the Oakland Entrepreneurial Alliance (OEA). Together the member organization of the OEA will dedicate themselves to serving small business owners in Oakland County, reduce duplicated services and streamline a path to accessing a comprehensive suite of entrepreneurial services.
In 2016 the team at the One Stop Shop Business Center, in the first of its kind program in the nation, created the Small Business Saturday Contest to coincide with the Small Business Saturday program started by American Express in 2010. By offering cash prizes to Oakland County small business owners for registering with the contest and to shoppers shopping in Oakland County on Small Business Saturday the Small Business Saturday Contest resulted in over 1,000 purchases at small businesses, at more than 500 stores resulting in an economic impact of over $60,000.00. While generally regarded as a huge success, the team at the One Stop Shop Business Center looks to double those numbers next year.