The Stony Brook Small Business Development Center announced the launch of the Hispanic Business Strategies program on January 11
Stony Brook SBDC announced on January 11 the launch of the Hispanic Business Strategies program funded in part by a grant from Bank of America
– Marc Perez, President of Bank of America Long Island
STONY BROOK, NEW YORK, UNITED STATES, January 6, 2022 /EINPresswire.com/ – Stony Brook Small Business Development Center Announcing the launch of the Hispanic Business Strategies program on Jan. 11, funded in part by a grant from Bank of America For training and resources
The Suffolk County Hispanic Business Strategies program provides training for the certification of minority and / or women-owned businesses (MWBEs) and for finding contracts
The Stony Brook Small Business Development Center (SBDC) announced on January 11 the launch of its Hispanic Business Strategies program funded by a grant from Bank of America, a program that supports the economic mobility and sustainable growth of Hispanic and Latin American businesses. local. Through education and application assistance, participating companies will achieve certification as a Minority and / or Women-owned Business Enterprise (MWBE) and guidance on how to take advantage of the many benefits including l ‘access to local, state and federal contacts.
The program will be in Spanish, the mother tongue of the target audience, and will include three accompanying phases. It begins by outlining the opportunities and advantages of being a certified minority and / or female owned business, followed by practical and individual assistance in applying for certification. The program concludes with training on contract research and bidding on best practices for securing prime contractor or government contracts.
“At Bank of America, we are committed to helping advance racial equality and economic opportunity, with a particular focus on creating opportunities for people and communities of color,” said Marc Perez, president of Bank of America Long Island. “Long Island’s Hispanic-Latino population continues to grow, playing an important role in the development of our communities and the local economy. Our partnership with the Stony Brook Small Business Development Center aims to empower Hispanic business owners to grow and prosper.
SBDC’s strategic partners for this program include Hispanic and minority civic and economic development organizations, chambers of commerce, consulates, and libraries in underserved communities, as well as specific strategic partners within the community of L ‘Stony Brook University, such as MWBE Procurement.
The SBDC has a long history of providing business development resources to underserved communities through small business administration programs such as 8 (a), HubZones, and MWBE certifications. SBDC resources help underprivileged businesses access federal contract funds, facilitate operations for those working in historically underutilized business zones (HubZones), and level the playing field for under-represented business owners , economically disadvantaged and women.
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