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Agency Department of Housing and Community Development (165)
Measure Name Number of new businesses formed through economic development activities
Measure Last Modified
08-17-2022 12:25 p.m.
Measure Last Published
08-26-2022 11:49 a.m.
Status
Active
Data Source and Calculation
This measure is calculated on the number of new businesses formed over a 12-month period as a result of efforts from programs managed by the Economic Development and Community Vitality (EDCV) Division within the Department of Housing and Community Development (DHCD). This is a highlighted performance measure for the EDCV Division.
Enterprise Priorities and Strategies
Initiative Priority Strategy
Associated Service Areas
Service Area Code Service Area Name
53301 Community Development and Revitalization
53303 Financial Assistance for Regional Cooperation
53305 Financial Assistance for Community Development
Targets and Baselines
Name Date Result Note
Baseline 1320.0
Short Target 2025 None
Long Target 2027 None None
Results
Year Result Note
2021
2022
2023
Measure ID 165.0014
Measure Class Agency Key
Measure Type Outcome
Year Type State FY
Preferred Trend Increase
Frequency Annually
Statistical Unit Businesses
sp134 Performance Measure - 06-07-2025 12:15:14