Crain's New York - October 1, 2012 - (Page 13)

REPORT ● SMALL BUSINESS ON THE WEB For local development corporations, small business development centers, utility services, libraries and export assistance, visit www.crainsnewyork.com/smallbiz-guide FINANCIAL ASSISTANCE The following organizations provide financial assistance or incentives to small businesses that are expanding in or relocating to the New York area. ACCION EAST COAST AND ONLINE Provides loans ranging from $500 to $50,000 to small business owners who do not qualify for traditional financing. Offers the Sprout Loan product for those business owners who want to start businesses out of their homes. Contact: Alejandra Boggiano, communications manager, (866) 245-0783 Lauren Yothers, online marketing associate, (866) 245-0783 Email: info@accionusa.org Website: www.accionusa.org technologies. Administers the Empowerment Zone Brownfield Loan Fund and offers other loans of $10,000 to $1.2 million. Contact: Kate Shackford, executive vice president, (718) 590-3498 Email: kshackford@boedc.org Website: www.boedc.com ● BUILD NYC As a conduit bond issuer, it facilitates access to private activity tax-exempt bond financing for not-for-profit institutions. Contact: (212) 312-3600 Email: buildnyc@nycedc.com Website: www.nycedc.com/build-nyc BUSINESS CENTER FOR NEW AMERICANS Offers resources for business development, including technical assistance, microloans of up to $35,000, and training in e-commerce and business management. The center is equipped with a technology lab. Contact: Yanki Tshering, (212) 898-4112 Email: ytshering@nybcna.org Website: www.nybcna.org BUSINESS INITIATIVE CORP. OF NEW YORK Its 504 Loan program allows businesses to obtain financing at reduced rates with 10% down. Loans can be used to purchase real estate or construction equipment, or to cover land improvements and soft costs associated with a project. BIC can lend as much as $5 million in economically deprived areas. Contact: Madeline V. Marquez, executive director, (718) 590-3980 Email: mmarquez@boedc.org Website: www.boedc.com OUTREACH CENTER NETWORK Dedicated to microenterprise and small business development. Targets low- to moderate-income communities, works to create local community wealth, economically empower individuals, create jobs and deliver more disposable income to those who are disadvantaged. Contact: Amy Feldman, director of programs, (718) 624-9115 Email: afeldman@bocnet.org Website: www.bocnet.org Its Refugee Microenterprise program helps eligible refugees and asylum seekers start and expand small businesses throughout New York City. Provides short- and long-term entrepreneurial training, one-on-one business counseling and access to microloans of up to $70,000. Contact: Amy Feldman, director of programs, (718) 624-9115 Email: afeldman@bocnet.org Website: www.bocnet.org ● istockphoto ● BOC CAPITAL CORP. Its Business Outreach Center Network provides financing (up to $70,000) to startup and existing community businesses. Focuses on lending to minority, women, immigrant and lowincome entrepreneurs. Contact: Steven Gomez, director of special initiatives, BOC, (718) 624-9115 Email: boccapital@bocnet.org Website: www.bocnet.org ● BRONX OVERALL ECONOMIC DEVELOPMENT CORP. ● SECTIONS Financial assistance, P. 13 Business improvement districts, P. 16 Assistance for women and minorities, P. 16 Advice and education, P. 17 Procurement help, P. 18 Chambers of commerce, P.18 GROWING ABUSINESS GUIDE Targeting resources for small business aid in New York City ● BUSINESS Assists with a range of services for Bronx businesses that are expanding, as well as firms that are interested in relocating to the borough. Contact: Kate Shackford, executive vice president, (718) 590-3498 Email: kshackford@boedc.org Website: www.boedc.com Its Bronx Empowerment Zone offers a variety of low-cost financing programs for businesses located in the zone. Contact: Frank C. Randazzo, director, (718) 590-6016 Email: frandazzo@boedc.org Website: www.boedc.com Its Bronx Initiative for Energy and the Environment established the Environmental Revolving Loan Fund, which offers loans of $10,000 to $100,000 for implementation of energyefficiency measures and environmental ● CAMBA ECONOMIC DEVELOPMENT CORP. Provides a spectrum of services to individuals looking to start or expand a business; offers hands-on business consultation; assists with business plan development, entrepreneurial finance and social-media development. Provides Continued on Page 14 October 1, 2012 | Crain’s New York Business | 13 http://www.crainsnewyork.com/smallbiz-guide http://www.boedc.com http://www.nycedc.com/build-nyc http://www.accionusa.org http://www.nybcna.org http://www.bocnet.org http://www.boedc.com http://www.bocnet.org http://www.boedc.com http://www.bocnet.org http://www.boedc.com

Table of Contents for the Digital Edition of Crain's New York - October 1, 2012

IN THE BOROUGHS
IN THE MARKETS
THE INSIDER
BUSINESS PEOPLE
CORPORATE LADDER
FROM AROUND THE CITY
OPINION
GREG DAVID
REAL ESTATE DEALS
REPORT: SMALL BUSINESS
CLASSIFIEDS
FOR THE RECORD
NEW YORK, NEW YORK
SOURCE LUNCH
OUT AND ABOUT
SNAPS

Crain's New York - October 1, 2012