Posted by Clay Howard
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on Tuesday, 03 November 2015
in News

Nussbaum Center Associate statistics for 2nd Quarter 2015

Nussbaum Center Associate statistics for 2nd Quarter 2015

Associate Companies report above average payrolls

The Nussbaum Center for Entrepreneurship, a Greensboro business incubator, today announced results of an internal study of its Associates for 2nd Quarter 2015.

Associates in the Nussbaum Center reported revenues of $1.1MM. Also reported was a total of 76 full-time employees
(1) with an average payroll of $39.8K, compared to a Greensboro city average of $27K(2).

“The results of this study reflect the hard work of our entrepreneurs, and the dedication of the Nussbaum Center staff and our strategic partners in helping these companies grow,” said Sam Funchess, President/ CEO of the Nussbaum Center for Entrepreneurship. “The growth of all entrepreneurial companies is key to the continued economic recovery and growth of the Triad, and the Nussbaum Center devotes every available resource towards this goal.”

(1) includes Business owners
(2) 2015 State of the City Report

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