Manhattan – The New York City Department of Small Business Services
(SBS), the New York City Council, and the Berkley Center for Entrepreneurship
& Innovation at New York University (NYU) Leonard N. Stern School of
Business today held the first class of Strategic Steps for Growth,
a premiere executive management training program for minority and women business
Fifteen participants were selected by committee from over sixty
applications. Together these fifteen firms represent over $43 million in annual
sales and employ 236 people.
Participants will work with business experts, university professors and
each other to clearly define a pathway for their company’s growth. They will
learn the strategic skills needed to run a growing business and by the end of
the nine-month program, each business owner will have created a custom
three-year Strategic Growth Action PlanTM.
The program also provides participants with a business network which will enable
them to access support for every aspect of their business operation going
Owners of the following fifteen companies start Strategic Steps
for Growth this evening at
Allied Personnel Services – Forest
Hills-based staffing firm that wants to be the premiere staffing firm in
Apex Building Company – Harlem-based
construction and development firm that specializes in affordable housing.
Citadel NY, Inc. – Lower Manhattan-based technology
firm that offers call center staffing, software development, and other IT
services and supplies.
Continental Food & Beverage – Second-generation
Midtown food distribution company that is the exclusive distributor of Inca Cola
(the most popular cola in Peru) in the United States.
Different Roads to Learning – Flatiron-based
company developing educational content for institutions that teach children with
Ebony Market Research – Co-Op City-based market
research firm that specialize in research for marketing communications and ad
Grigsby & Associates –The nation’s
oldest minority-owned, full-service investment banking firm providing financial
advisory and investment banking services to state and local governments and
InfoPeople – Wall Street-based technology firm that
offers IT staffing and enterprise services.
International Asbestos Removal – Woodside-based
asbestos removal company focused on transitioning their services to a ‘green’
National Prosthetic Orthotic Associates -
Bayside-based manufacturing company that is one of the few custom prostheses
manufacturers and suppliers in New York City.
Prestige Industry Corp – Long Island City-based
waste removal company that provides on-call waste container service to the five
Professional Line Painting – Mott Haven-based
company providing traffic marking services to streets, airports and parking
facilities throughout the five boroughs.
The Maia Strategy Group – Lower Manhattan-based
company that provides strategy consulting to Fortune 500 companies.
The Urban Group – Woodhaven-based built-in
furniture maker and office supply distributor.
TMT Restoration Architect, PC – Chelsea-based
architecture firm with a specialty in historic renovations.
In order to be eligible for the program, businesses must be certified
with the City as a Minority or Women-owned Business Enterprise (M/WBE).
In 2005, Mayor Bloomberg signed legislation creating the
M/WBE program to help certified businesses access contracting
opportunities and build capacity. In the first three years of the program,
certified M/WBEs won more than $1.2 billion in prime and subcontracts with the
City of New York. In support of Strategic Steps for Growth,
the New York City Council has contributed $15,000 worth of scholarships for this
Strategic Steps for Growth incorporates an
award-winning curriculum currently offered in 25 U.S. cities and developed by
Interise, a Boston-based nonprofit.. The curriculum provides a clear path for
accelerating growth by offering a diverse group of small business owners
entrepreneurial education, connections, and access to new markets.
Following completion of the program, 64 percent of participants report
hiring new employees, and 59 percent increased revenues. Participants also
secured $23 million in new capital and over $50 million in new government
contracts. The Berkley Center for Entrepreneurship & Innovation at NYU Stern
School of Business will host the program. The school’s faculty will teach the
classes and serve as subject matter experts.
Applications are not being accepted at this time, but interested
candidates can email firstname.lastname@example.org to be
placed on a notification list when the next round of recruiting is launched.
More information is also available at www.nyc.gov/strategicsteps.
About the Department of Small Business
The Department of Small Business Services (SBS)
makes it easier for businesses in New York City to form, do business, and grow
by providing direct assistance to business owners, fostering neighborhood
development in commercial districts, and linking employers to a skilled and
qualified workforce. For more information on all of SBS’ services go to www.nyc.gov/sbs
About the Berkley Center for Entrepreneurship &
The Berkley Center for Entrepreneurship &
Innovation was founded in 1984 at New York University's Leonard N. Stern School
of Business to create new knowledge in the field of entrepreneurship and
innovation, to prepare the next generation of entrepreneurial leaders in the
business and social sectors, and to provide intellectual leadership for the
business and academic communities. For more information about Berkley Center
programs and activities, visit stern.nyu.edu/berkley.
Interise stimulates economic
revitalization in lower income urban communities by providing a diverse group of
small business owners with entrepreneurial education, new networks, and access
to markets. The Interise community creates jobs, grows businesses, and develops
community leaders. Interise is based in Boston, Massachusetts. For more
information about Interise, please visit http://www.interise.org/