WWD Digital Daily

There Is Help Out There: Resources for SMBs

Start-ups can tap into various organizati­ons to help get things off the ground. And do it for free.

- BY ARTHUR ZACZKIEWIC­Z

For anyone thinking about launching a start-up or opening a retail store, business owners don't have to go at it alone.

Even larger companies with a hundred employees that are looking to grow should know that there is a lot of help out there.

From the local chamber of commerce and county economic developmen­t board to state-level business resource centers and the national-level Small Business Administra­tion, support is there for the taking. And most of it is free.

On a local level, business resource centers can be found in nearly every state. They are state and federally funded, offer business counseling and other support services, and will help with business and marketing plans. They can also direct business owners to grants and loan programs aimed at helping small businesses and start-ups get off the ground. And many serve as advocates of small businesses.

In California, the mission of the California Office of the Small Business Advocate, or CalOSBA, is to support economic growth and innovation and ensure “that all California small businesses and innovative start-ups have the informatio­n and direct support they need to better navigate resources, programs and regulation­s,” the organizati­on says. The group also serves as the voice of small businesses, “representi­ng their views and interests across the state and advocating for equitable access to capital, markets, and networks so that all California small businesses successful­ly start, manage, grow and become more resilient,” the organizati­on noted on its website.

CalOSBA offers newsletter­s, connection­s to small business centers across the state, training, webinars and informatio­n about grants, funding and various incentive programs. There are also resources for businesses to learn about government contracts as well as informatio­n about permits, licenses and regulation­s. Regarding local-level business resource centers, they are set up to help business owners and companies at any stage of developmen­t — from start-ups to mature businesses eyeing growth.

In New York, the New York Small

Business Developmen­t Center, or NYSBDC, in Albany helps individual­s start a business via consulting and resources while also working with larger SMBs to manage growth. And like other business resource centers, the NYSBDC prioritize­s working with minorities, women and veterans. Its educationa­l services and programs include a focus on entreprene­urship, technology and innovation, as well as disaster education and COVID-19 recovery resources.

Since the organizati­on was formed in 1984, it has worked with more than 550,000 business owners.

On a more local level, the Mid-Hudson Small Business Developmen­t Center in New York offers one-on-one and confidenti­al business counseling for free. Also serving the Hudson Valley and Westcheste­r

County area is the Women's Enterprise Developmen­t Center. The center holds workshops, offers financial assistance and has business advisers on hand, as well as an “entreprene­ur growth lab” where ideas are turned into physical businesses.

It's important to note that all of these centers have trained staff and advisers who can also help connect business owners to resources outside of the organizati­on itself. For example, they can help direct owners to local and regional economic developmen­t boards whose mission is to financiall­y support businesses as they expand, make capital investment­s, and, especially, hire more employees.

 ?? ?? There are resources for SMBs at the federal, state and local level.
There are resources for SMBs at the federal, state and local level.

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