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Inflation Adjustment
  • CPI: adjusts for changes in the cost of goods and services purchased by consumers
  • IPD: adjusts for changes in the cost of goods and services purchased by governments
  • Economic Growth: adjusts for changes in the size of the state economy (measured in terms of total personal income)
  • None: does not capture changes in the value of a dollar over time.
Office of Small Business and Entrepreneurship and Related Programs 7007-0334

funding levels adjusted for inflation (cpi)

  • Funding History
  • Proposals
Adjusted for inflation (cpi) NOT adjusted
FY23 GAA $2,341,312 $2,341,312
FY22 $1,931,405 $1,851,313
FY21 $2,178,399 $1,951,313
FY20 $4,108,195 $3,597,590
FY19$0$0
FY18 $1,828,972 $1,544,706
FY17 $1,876,441 $1,550,050
FY16 $2,143,035 $1,737,940
FY15 $2,180,443 $1,756,605
FY14 $2,114,230 $1,691,162
FY13 $2,148,689 $1,692,393
FY12 $2,096,643 $1,624,028
FY11 $2,284,666 $1,719,178
FY10 $2,519,826 $1,859,250
FY09 $5,831,765 $4,261,020
FY08 $7,143,787 $5,147,567
FY07 $2,891,881 $2,009,252
FY06 $2,545,184 $1,723,576
FY05 $2,602,987 $1,698,555
FY04 $2,794,603 $1,770,400
FY03 $2,923,454 $1,812,057
FY02 $5,014,364 $3,041,080
FY01 $6,340,903 $3,778,680

comparisons adjusted for inflation (cpi)

  • See Changes in Funding
Between and
Funding for Office of Small Business and Entrepreneurship and Related Programs
73.0%

comparisons adjusted for inflation (cpi)

Notes

  • Funding for various business development programs moved among various line items, so they are grouped together. In FY09, there was no funding for the Mass. Opportunity Relocation and Expansion Jobs Program, and funding for it was incorporated into the line item funding the Office of Business Development in FY10. In FY10, funding for the Office of Small Business and Entrepreneurship and in FY12, funding for the Dept. of Business and Technology and were also incorporated into funding for the Mass. Office of Business Development.

* Funding and comparison information includes all line-items listed above. Download the spreadsheet to see funding levels for individual line-items.

Adjusted for inflation (cpi) NOT adjusted
FY23 GAA $2,341,312 $2,341,312
FY23 Leg $2,341,312 $2,341,312
FY23 Sen $2,341,312 $2,341,312
FY23 SWM $2,041,312 $2,041,312
FY23 Hou $2,041,312 $2,041,312
FY23 HWM $2,041,312 $2,041,312
FY23 Gov $2,041,312 $2,041,312
FY22 $1,931,405 $1,851,313
FY22 GAA $1,931,405 $1,851,313

Notes

  • Funding for various business development programs moved among various line items, so they are grouped together. In FY09, there was no funding for the Mass. Opportunity Relocation and Expansion Jobs Program, and funding for it was incorporated into the line item funding the Office of Business Development in FY10. In FY10, funding for the Office of Small Business and Entrepreneurship and in FY12, funding for the Dept. of Business and Technology and were also incorporated into funding for the Mass. Office of Business Development.

* Funding information includes all line-items listed above. Download the spreadsheet to see funding levels for individual line-items.

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