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June 17, 2015 | Tom Ballard

CBI reports some impressive impact numbers

Cumberland Business IncubatorWe received an email last week from the Cumberland Business Incubator reporting some impressive numbers. Here’s what the Crossville-based organization reported:

“We just filed a report with the Economic Development Administration (EDA) on the impact the Cumberland Business Incubator has had since February, 2013. Our number for Private Investment Generated came to $1,423,400! This is money that our clients have spent in their businesses on real estate, building expansion, equipment, rent and build out.

“Another number in the EDA report was jobs created. The number of jobs created since February 2013 by our client businesses is 140. These are the jobs added one by one by our 158 clients – no one major employer impacted these numbers.”

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