SYRACUSE — Empire State Development (ESD) has recognized the entrepreneurial-assistance program (EAP) at the South Side Innovation Center (SSIC) as one of its 2015 Award For Excellence recipients. The recognition was part of the recent Entrepreneurial Assistance Program Conference. The state also recognized EAPs in the Capital Region and Finger Lakes, according to a […]
SYRACUSE — Empire State Development (ESD) has recognized the entrepreneurial-assistance program (EAP) at the South Side Innovation Center (SSIC) as one of its 2015 Award For Excellence recipients.
The recognition was part of the recent Entrepreneurial Assistance Program Conference. The state also recognized EAPs in the Capital Region and Finger Lakes, according to a news release ESD issued Aug. 21.
The SSIC, which is a program of the Martin J. Whitman School of Management at Syracuse University, “provides services and facilities to current and emerging entrepreneurs and businesses in Syracuse,” according to its website.
The organization is located at 2610 S. Salina St. in Syracuse in the former showroom and warehouse of furniture retailer Dunk & Bright.
Launched in 2006, the EAP at the South Side Innovation Center has helped “thousands” of individuals develop a concept from start, to business launch, and then to business growth through entrepreneurial education and training programs, such as the EAP, according to ESD.
Many of those to whom the facility has provided help are “marginalized by economic and life circumstances,” the department added.
In “this past year,” the EAP at South Side has provided services to 81 new and prior-year clients, helped start or retain 30 businesses, and helped 19 businesses increase sales by nearly $841,000, ESD said.
It also assisted 20 businesses in adding or retaining 259 employees, secured 10 loan packages resulting in more than $214,000 in financing, and helped create 15 business plans.
All of New York’s 22 EAPs gathered for the 2015 EAP Conference, which featured workshops; breakout group sessions; and networking opportunities that will help grantees “meet and exceed” expected performance levels during the new contract year.
The New York State Entrepreneurial Assistance Program has provided services to New York entrepreneurs for almost 30 years, Joyce Smith, director of the New York State Division of Entrepreneurial Assistance Program, said.
“In 2015, the EAP network provided services to over 1,463 participants who increased sales by $44.7 million; started or retained 356 businesses; increased and/or retained employment by 2,750; and secured $11 million in financing. These are impressive statistics for organizations that work with minimal staff and resources and they never falter when asked to take on additional initiatives, they are truly an entrepreneurial-driven group,” said Smith.
About EAP
The New York State Omnibus Economic Development Act created New York’s entrepreneurial-assistance program in 1987, according to a description of EAPs in the ESD news release.
Since its inception, the EAP initiative has helped entrepreneurs create new businesses and has provided assistance to minorities, women, dislocated workers, and individuals with a disability interested in starting a business.
The EAP establishes centers in local communities to provide instruction, training, technical assistance, and support services to individuals who have recently started their own business or are interested in starting a business.
The program’s EAP centers are located throughout the state.
EAP assists new and aspiring entrepreneurs in developing basic business-management skills, refining business concepts, devising early-stage marketing plans, and preparing those action plans.
In addition, the program assists EAP client efforts to obtain business financing.
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SYRACUSE — Empire State Development (ESD) has recognized the entrepreneurial-assistance program (EAP) at the South Side Innovation Center (SSIC) as one of its 2015 Award For Excellence recipients.
The recognition was part of the recent Entrepreneurial Assistance Program Conference. The state also recognized EAPs in the Capital Region and Finger Lakes, according to a news release ESD issued Aug. 21.
The SSIC, which is a program of the Martin J. Whitman School of Management at Syracuse University, “provides services and facilities to current and emerging entrepreneurs and businesses in Syracuse,” according to its website.
The organization is located at 2610 S. Salina St. in Syracuse in the former showroom and warehouse of furniture retailer Dunk & Bright.
Launched in 2006, the EAP at the South Side Innovation Center has helped “thousands” of individuals develop a concept from start, to business launch, and then to business growth through entrepreneurial education and training programs, such as the EAP, according to ESD.
Many of those to whom the facility has provided help are “marginalized by economic and life circumstances,” the department added.
In “this past year,” the EAP at South Side has provided services to 81 new and prior-year clients, helped start or retain 30 businesses, and helped 19 businesses increase sales by nearly $841,000, ESD said.
It also assisted 20 businesses in adding or retaining 259 employees, secured 10 loan packages resulting in more than $214,000 in financing, and helped create 15 business plans.
All of New York’s 22 EAPs gathered for the 2015 EAP Conference, which featured workshops; breakout group sessions; and networking opportunities that will help grantees “meet and exceed” expected performance levels during the new contract year.
The New York State Entrepreneurial Assistance Program has provided services to New York entrepreneurs for almost 30 years, Joyce Smith, director of the New York State Division of Entrepreneurial Assistance Program, said.
“In 2015, the EAP network provided services to over 1,463 participants who increased sales by $44.7 million; started or retained 356 businesses; increased and/or retained employment by 2,750; and secured $11 million in financing. These are impressive statistics for organizations that work with minimal staff and resources and they never falter when asked to take on additional initiatives, they are truly an entrepreneurial-driven group,” said Smith.
About EAP
The New York State Omnibus Economic Development Act created New York’s entrepreneurial-assistance program in 1987, according to a description of EAPs in the ESD news release.
Since its inception, the EAP initiative has helped entrepreneurs create new businesses and has provided assistance to minorities, women, dislocated workers, and individuals with a disability interested in starting a business.
The EAP establishes centers in local communities to provide instruction, training, technical assistance, and support services to individuals who have recently started their own business or are interested in starting a business.
The program’s EAP centers are located throughout the state.
EAP assists new and aspiring entrepreneurs in developing basic business-management skills, refining business concepts, devising early-stage marketing plans, and preparing those action plans.
In addition, the program assists EAP client efforts to obtain business financing.
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SYRACUSE — Empire State Development (ESD) has recognized the entrepreneurial-assistance program (EAP) at the South Side Innovation Center (SSIC) as one of its 2015 Award For Excellence recipients. The recognition was part of the recent Entrepreneurial Assistance Program Conference. The state also recognized EAPs in the Capital Region and Finger Lakes, according to a […]
SYRACUSE — Empire State Development (ESD) has recognized the entrepreneurial-assistance program (EAP) at the South Side Innovation Center (SSIC) as one of its 2015 Award For Excellence recipients.
The recognition was part of the recent Entrepreneurial Assistance Program Conference. The state also recognized EAPs in the Capital Region and Finger Lakes, according to a news release ESD issued Aug. 21.
The SSIC, which is a program of the Martin J. Whitman School of Management at Syracuse University, “provides services and facilities to current and emerging entrepreneurs and businesses in Syracuse,” according to its website.
The organization is located at 2610 S. Salina St. in Syracuse in the former showroom and warehouse of furniture retailer Dunk & Bright.
Launched in 2006, the EAP at the South Side Innovation Center has helped “thousands” of individuals develop a concept from start, to business launch, and then to business growth through entrepreneurial education and training programs, such as the EAP, according to ESD.
Many of those to whom the facility has provided help are “marginalized by economic and life circumstances,” the department added.
In “this past year,” the EAP at South Side has provided services to 81 new and prior-year clients, helped start or retain 30 businesses, and helped 19 businesses increase sales by nearly $841,000, ESD said.
It also assisted 20 businesses in adding or retaining 259 employees, secured 10 loan packages resulting in more than $214,000 in financing, and helped create 15 business plans.
All of New York’s 22 EAPs gathered for the 2015 EAP Conference, which featured workshops; breakout group sessions; and networking opportunities that will help grantees “meet and exceed” expected performance levels during the new contract year.
The New York State Entrepreneurial Assistance Program has provided services to New York entrepreneurs for almost 30 years, Joyce Smith, director of the New York State Division of Entrepreneurial Assistance Program, said.
“In 2015, the EAP network provided services to over 1,463 participants who increased sales by $44.7 million; started or retained 356 businesses; increased and/or retained employment by 2,750; and secured $11 million in financing. These are impressive statistics for organizations that work with minimal staff and resources and they never falter when asked to take on additional initiatives, they are truly an entrepreneurial-driven group,” said Smith.
About EAP
The New York State Omnibus Economic Development Act created New York’s entrepreneurial-assistance program in 1987, according to a description of EAPs in the ESD news release.
Since its inception, the EAP initiative has helped entrepreneurs create new businesses and has provided assistance to minorities, women, dislocated workers, and individuals with a disability interested in starting a business.
The EAP establishes centers in local communities to provide instruction, training, technical assistance, and support services to individuals who have recently started their own business or are interested in starting a business.
The program’s EAP centers are located throughout the state.
EAP assists new and aspiring entrepreneurs in developing basic business-management skills, refining business concepts, devising early-stage marketing plans, and preparing those action plans.
In addition, the program assists EAP client efforts to obtain business financing.
