FY2012 Pennsylvania

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Highlights

MBDA Business Expertise Opens Doors to New Capital

Swain Techs provides cybersecurity, model & simulation, engineering and information management solution services. When Swain Techs wanted to expand their business, the Philadelphia MBDA Business Center was there to help identify target clients in the public and private sectors. The MBDA also provided management consulting, business development services, and helped identify financing sources for working capital.

These efforts resulted in Swain Techs securing a $3.9 million contract with the U.S. Department of Health and Human Services, saving 6 jobs and creating 4 others.

Jobs

Performance

Minority Business Community At-A-GlanceA
Business Owner Number of Firms Gross Receipts ($1000s) Average Gross Receipts Paid Employees
African American  44,664 $3,500,822 $78,381 21,902
American Indian & Alaska Native  2,858 373,625 130,730 1,552
Asian American  31,313 11,620,161 371,097 58,506
Native Hawaiian & Pacific Islander  410 28,767 70,163 250
Hispanic American  22,777 3,244,105 142,429 15,362
All Minority  96,208 18,690,271 194,269 97,766
MBDA CLIENT ASSISTANCE BY SECTOR
 Private Sector Federal Government State Government Local Government Not Disclosed Total
Dollar Value of Contracts  $21,535,235 $10,716,038 $2,100,000 $1,357,040 $360,961 $36,069,274
Dollar Value of Capital  2,787,000 –  1,550,000 –  24,000 $4,361,000
Number of Contracts  12 7 1 2 1 23
Number of Capital Transactions  14 –  1 –  1 16
TOTAL TRANSACTIONS  26 7 2 2 2 39
MBDA CLIENT ASSISTANCE BY INDUSTRY  
  Number of Transactions Value of Transactions
Construction  9 $9,975,235
Finance, Insurance & Real Estate   3 1,592,000
Mining 1 20,000
Retail Trade 3 975,000
Services 13 12,185,147
Wholesale Trade 9 15,658,892
Other 1 24,000

 

» Download FY2012 Report for Pennsylvania

» Download FY 2012 Annual Report

» References

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Last updated: 04/19/2017 - 4:11pm