University at Albany

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Evaluation of the SEED Program

In the Summer of 2012, CHSR was awarded a contract to study the Small Enterprise Economic Development (SEED) program.  

Evaluation & Research

Because the SEED program is still relatively new, CHSR focused on a formative evaluation approach that focused on identification of process strengths and continuous improvement. CHSR sought to examine how SEED impacts several important stakeholders who may potentially benefit from the program: fledgling entrepreneurs, economic developers, and lenders. For entrepreneurs, the impact of SEED will be in helping develop successful and lasting businesses; for those interested in economic development, SEED could have an impact as a way of growing employment and generating new wealth; for lenders, the importance of SEED lies in the character-based lending approach and how these loans fare relative to commercial loans that undergo a more traditional underwriting process.

Contact: Rose Greene