The Small Business Boost pilot, with generous support from Principal Foundation, explored how FEC financial counseling can support the personal financial needs of small business owners and better position them to achieve their business goals. Five municipal FEC partners connected their professional, one-on-one financial counseling programs to their local small business entrepreneurship ecosystems. As a part of the SBB pilot, national research organization the Urban Institute conducted a process and outcomes study that examined pilot implementation, take-up and retention, and the role of personal financial counseling in small business development.

This brief outlines key findings about the client experience and the integration itself; read the full report from the Urban Institute.