U.S. SBA

1 Million Cups of Coffee with the Kauffman Foundation | NJSBDC at Kean University | Wednesday, October 4, 2017 @ 8:30am – 10:00

The Kauffman Foundation – 1 Million Cups

Have coffee and danish with our local

SBA & NJSBDC liaisons in Union!!! 

 

Wednesday, October 4, 2017   |   8:30 – 10am

 

 

image_1879Barnes & Noble

1040 Morris Avenue (at Green Lane)

Union, New Jersey

Driving Directions

 
 
Based on the notion that entrepreneurs discover solutions and network over a million cups of coffee, the Kauffman Foundation developed 1 Million Cups – a program designed to educate, engage, and connect entrepreneurs with their communities.   Typically, on Wednesday mornings, one or two early-stage businesses present their companies to their communities. Every event is free and the entrepreneurial community is welcome and invited to attend!

 

On Wednesday, October 4, the NJSBDC at Kean University (along with the SBA) will be featured.  Government-funded services assisting small business owners in growing their business and those looking to go into business will be discussed.

 

New to Union County (in a collaboration with the Marketing & Management department in the College of Business at Kean University) and the first one in New Jersey.  Learn about both!

 

register-button_blue_large
 

Please come to learn more and be a part of this!


PRESS RELEASE: 2017-2018 STATE BUDGET INCLUDES STABLE FUNDING FOR AMERICA’S SBDC NEW JERSEY

2017-2018 State Budget Includes Stable Funding for America’s SBDC New Jersey

Contact:

New-Jersey-color-with-band973.353.1927

press@njsbdc.com

 

 

Legislature and Governor Continue to Support Small Businesses in New Jersey

 

 

July 7, 2017 (Newark, NJ) — The Legislature introduced and enacted budget legislation A-5000 Schaer/Sarlo/O’Toole with a $500,000 funding allocation for the New Jersey Small Business Development Centers program to support and provide comprehensive assistance for small business owners and entrepreneurs in all 21 counties.

 

INFOGRAPHIC - NJSBDC 2016 Impact

2016 NJSBDC Network-wide Economic Impact

The statewide program consisting of 12 centers throughout the state – which is part of a national network, America’s SBDC – provides diverse technical support for small businesses, helping to facilitate the creation and retention of jobs, spurring the establishment of new businesses, and guiding existing and established small businesses to their next stages of growth.

 

“The network continues to help the state’s small business sector develop and grow, generating jobs for New Jersey’s residents,” said Brenda B. Hopper, NJSBDC chief executive officer and state director. “Our network will continue to drive economic growth.”

 

“The Legislature has continued to support this program year after year because it provides a good return on investment to the State of New Jersey,” said Deborah Smarth, NJSBDC network chief operating officer and associate state director. “This year the Christie administration proposed a budget with the same funding level as the Legislature had passed during the last two years, which was an increase over earlier years’ budget cycles. We are grateful for this support.” Smarth is the chief advocate for the program at the State House in Trenton.

 

Accountability reports are provided to members of the Legislature and Governor’s office, documenting the program’s impact on economic development, small business maintenance, development, growth, business start-ups and jobs. “The program catalyzes the generation of jobs, new businesses, and growth for existing small businesses,” Smarth added.

 

State funding, private sector grants and sponsorships are leveraged with U.S. Small Business Administration funding (appropriated by Congress for the national SBDC program), which is returned to state SBDCs on the basis of a state’s population. In order for the state SBDC network to obtain full federal funding, it must meet the dollar-for-dollar federal match requirement.

 

The program on average provides one-on-one customized business advice and counseling to more than 4,000 small business owners and entrepreneurs annually, totaling more than 19,000 counseling hours for businesses from various industry sectors with diverse revenue ranges, and employment levels. In addition, NJSBDC provides training for more than 8,000 individuals and small business owners annually concerning an array of business development topics to guide business owners through the challenges businesses face as they develop and grow. Last year, NJSBDC helped its small business clients to create and save more than 16,000 jobs in the state, 567 NJSBDC clients started new businesses, and more than $88 million in financing was facilitated.

 

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InnovateHER Challenge

InnovateHER

Innovate 2017: Innovating for Women Business Challenge

 

 

The SBA is launching a nationwide prize competition to find the most innovate products and services that help impact and empower women’s lives.

ALL entrepreneurs are invited to compete!

The competition will run from December 29, 2016 – June 23, 2017

National Finalists will have the opportunity to present a live pitch to the panel of expert judges and compete for up to $70,000 in cash prizes.

 

Each finalist will be offered the opportunity to participate in the InnovateHER Final Challenge to be held in September 2017.

 

 

2 LOCATIONS TO PARTICIPATE

 

If you are up for the challenge:

  1. Submit your business plan to enter a local competition at the NJSBDC at Brookdale Community College (mosbdc@brookdalecc.edu ) OR the NJSBDC of Northwest Jersey (info@nw-njsbdc.com) by May 17, 2017.
  2. Make sure to follow the Challenge Criteria
  3. Finalists will be notified on May 24, 2017.
  4. The top 5 selected finalists will pitch to the panel on June 2, 2017, 9:00 a.m.  – 12:00 p.m.

 

Challenge Criteria

The InnovateHER Challenge provides an opportunity for entrepreneurs to showcase products and services that:

  • Have a measurable impact on the lives of women and families (30%)
  • Have the potential for commercialization (40%), and
  • Fill a need in the marketplace (30%).

 

To learn more visit sba.gov/InnovateHER


Request Consulting from NJSBDC!