A Small Business Administration (SBA) grant of $100,000 has been awarded to Oswego State Small Business Development Center (SBDC). This has been disclosed by senior business adviser, Larry Perras. Oswego County has been affected with bad economy and high unemployment rate for a considerable period of time now. Loan to SBDC is awarded with the aim to help displaced workers get back on their feet and prospective entrepreneurs start a new business.
U.S. Small Business Administration provides grants to SBDCs with the aim to alleviate economic difficulties that arise as a result of natural disasters or under-privileged facilities. Now, the $100,000 grant will make it possible for SBDC to establish new temporary-outreach location in Fulton so as to provide assistance to Small Business Owners who are in need. Classes and workshops meant to enhance people’s skill and interest will be conducted in the outreach location.
This fund shall also aid in establishing an e-commerce incubator for online business startups. This incubator will serve as a modus operandi for start-ups to launch their own websites so as to increase exposure of their business and for online management of their enterprise. For U.S. Small Business Administration, SBDC won the ‘Service Excellence and Innovation Award’ last year. Every year SDBC receives 330 clients who wish to start or grow small business.
This article was submitted by Raj Tulshan, Director of Business Development of Biz2Credit. Biz2Credit is a small business marketplace that connects entrepreneurs with financing options and advice to grow their business. Send all questions to email@example.com