Our Client’s Economic Impact
As a public-private partnership, TechHelp and the National Manufacturing Extension Partnership (MEP) deliver a high return on investment. For every one dollar of federal investment, the MEP national network generates $17.9 in new sales growth for manufacturers and $27.0 in new client investment. This translates into $2.3 billion in new sales annually. For every $1,501 of federal investment, MEP creates or retains one manufacturing job. The NIST MEP Annual Report includes a great summary of system impact.
Idaho Manufacturing Facts
Link to TechHelp Economic Report
Companies that work with TechHelp are asked by a neutral third-party survey firm about their satisfaction with TechHelp and if their engagement with TechHelp generated any quantifiable impact in the areas of:
- Cost Savings
- Investment
- Jobs Created and Retained
- New and Retained Sales
From January 2019 Through December of 2019, TechHelp Clients Reported:
- New Sales – $49.2M
- Retained Sales – $93M
- Jobs Created and Retained – 818
- Cost Savings -$13.5M
- New Investment – $19.8M
- Recommend TechHelp – 9.6 (out of 10, n = 55)