SBA Presents $525,000 in New
Funds to Microlender AEDC
SBA
Syracuse District Director Bernard J. Paprocki presented $525,000 in new
funds for startup and existing entrepreneurs in Clinton, Essex, Franklin,
Fulton, Hamilton, Herkimer, Jefferson, Lewis, Oneida, Oswego, St. Lawrence,
Saratoga, Warren, and Washington counties to Adirondack Economic Development Corporation (AEDC) on
September 15th. The presentation was made at Origin Coffee Co. in Saranac
Lake, NY. Origin’s owners Jecinda Hughes and Josh Wilson were able to start
their business with the help of an SBA microloan through AEDC earlier this
year.
SBA’s
microloan program funds are used by intermediaries such as AEDC to make
small loans from under $500 up to $50,000 for typical business purposes.
The microloan program also provides business-based training and technical
assistance to microborrowers to help them be successful at starting or
growing their businesses.
Syracuse SCORE Chapter 98
Celebrates Platinum Award at Annual Event
SBA
Syracuse District Director Bernard J. Paprocki and SCORE District Director
Bill Ritter presented the Platinum Award to chapter outgoing president
Janet Zane and chapter incoming president Lynn Hughes at the Syracuse
SCORE Chapter's annual luncheon meeting in Liverpool, NY on September
22. The Platinum Award is the highest National SCORE award given
for management and performance; less than 10 percent of all SCORE
Chapters nationwide are selected. This is the third time Syracuse
SCORE has been honored with the award.
SCORE
is a nonprofit association dedicated to educating entrepreneurs and helping
small businesses start, grow, and succeed nationwide. SCORE is a resource
partner with the U.S. Small Business Administration (SBA), and has been
mentoring small business owners for more than forty years.
The
Syracuse chapter of SCORE presently
consists of over 45 active members. Members are available to counsel and
mentor small business clients. Syracuse SCORE offers specialized
services, such as workshops, seminar presentations, computer and website
assistance.
SBA Awards $50,000 Growth
Accelerator Prize for Women Entrepreneurs Program in Ithaca
The
U.S. Small Business Administration (SBA) today announced the 80 winners of
the second annual Growth Accelerator Fund Competition. The recipients
represent 39 states, the District of Columbia and Puerto Rico. The
Passenger to Pilot: Empowering Women Entrepreneurs program created by REV Ithaca StartupWorks was the only
Upstate New York winner selected by SBA.
Women
entrepreneurs joined Arianna Blossom, Director of the Entrepreneurship at
the REV (center of photo), Cathy Pokines, SBA Syracuse Deputy District
Director (on her left), and Dan Rickman, SBA Syracuse Economic
Development Specialist (on her right), for the Growth Accelerator Fund
check presentation on September 8th in Ithaca, NY.
Radar
is involved in many different parts of our daily lives, such as the Doppler
radar used to forecast weather or automatic position sensing in
automobiles. An acronym for RAdio Detection And Ranging, radar describes
the energy that detects a target’s range and motion. One small business in
Rome, New York, Helios Remote Sensing Systems, Inc., is taking radar
technology to new heights and keeping our nation’s military and
intelligence forces the best equipped in the world.
In
2007, Walter Szczepanski was ready to start his technology company after a
career with GE Aerospace in Utica, NY and Lockheed Martin in Syracuse, NY
working on airborne sensors. Helios initially employed just Szczepanski and
his business-savvy daughter, Janine, but then quickly grew to include more
employees in the following years. Walter and Janine turned to business
advisor David Lerman at the Mohawk Valley Small Business Development Center
(SBDC) for help with a business plan to launch Helios Remote Sensing
Systems. Janine worked with Roxanne Mutchler, the statewide SBDC government
contracting expert, to access BIDLinx, a free SBDC program which sends
customized listings of contracting opportunities right to her email
address.
In
addition to the company’s success with BIDLinx, Helios grew strategically with
winning proposals in the U.S. Small Business Administration’s (SBA) Small
Business Innovation Research (SBIR) and Small Business Technology Transfer
(STTR) programs. With 18 awards totaling $5.5 million over the past eight
years, both programs have helped Helios fund the research and development
of innovative technology for use by many federal agencies. In April, 2015,
the NYS SBDC honored Helios as the 2015 Small Technology Business of Year
for New York State.
“Helios
provides innovative solutions with applied research and development for
real-world problems and our primary customer is the U.S. government, such
as the Department of Defense, Department of Energy, and various national
intelligence agencies,” explains company founder Walter Szczepanski. “We do
a lot of advanced radar design and development. Our other lines of business
include...Read more here
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