The SBA has created a Coronvirus Resource Center. They update it daily with changes to laws and regulations. It can be found at https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources The SBA has also created the Express Bridge Loan Pilot Program which allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000…  [...]

ESD has updated its guidance on essential businesses with regards to construction work: “All non-essential construction must safely shut down, except emergency construction, (e.g. a project necessary to protect health and safety of the occupants, or to continue a project if it would be unsafe to allow to remain undone, but only to the point…  [...]

The Center for Economic Growth has reached the $6 million target of its “Accelerate” capital campaign. Launched in September, Accelerate is a five-year campaign and collaborative investment to accelerate and secure the region’s economic stability. According to a news release from the 30-year-old, regional professional and economic development organization, the success of the campaign leaves…  [...]

SEED (Small Business Economic Development) is accepting applications for the Spring Session for entrepreneurs interested in financing their business.  The program offers loans up to $35,000, training classes, business counseling, assistance with business plan development and peer network support. The SEED program is a partnership between SEFCU, the Small Business Development Center, University at Albany…  [...]

The Small Business Development Center announced that SEED (Small Enterprise Economic Development) Loan Program is accepting applications. Seed is a new Loan Program for future Entrepreneurs and Small Business Owners that bases the lending decision on the character of the applicant and feasibility of the business model.  The maximum loan amount for this program is $35,000. …  [...]

Hudson Valley will kick off campaign for new manufacturing center

Hudson Valley Community College is preparing to start a multi-million dollar capital campaign in the next few weeks to expand a program that has produced hundreds of machinists who make turbines for customers around the world. The Troy, New York college is looking to raise at least $3.5 million from private sector and individual donors…  [...]