A pair of UNCG MBA students won third place in the 2015 Small Business Institute Project of the Year contest for their analysis of the economic impact of Family Service of the Piedmont.
The students’ research found that the work of Family Service of the Piedmont to promote financial stability, provide mental health services, stem domestic violence and prevent child abuse has an both positive social impact and a high economic return on investment. For instance, the agency’s Domestic Violence Intervention Program, which has a 92 percent success rate, cost $82,000 but had an economic impact of $1.7 million. Every dollar spent saved the county $20.50 in inmate, court, probation and law enforcement costs.
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