{"id":41026,"date":"2026-08-04T17:05:37","date_gmt":"2026-08-04T17:05:37","guid":{"rendered":"https:\/\/www.vosa.tv\/eng\/?p=41026"},"modified":"2026-08-04T17:05:37","modified_gmt":"2026-08-04T17:05:37","slug":"governor-hochul-announces-more-than-27000-small-businesses-and-entrepreneurs-supported-by-small-business-development-centers-throughout-new-york-state","status":"publish","type":"post","link":"https:\/\/www.vosa.tv\/eng\/archives\/41026","title":{"rendered":"Governor Hochul announces more than 27,000 small businesses and entrepreneurs supported by small business development centers throughout New York State"},"content":{"rendered":"

NEWYORK: Governor Kathy Hochul announced annual results from the New York Small Business Development Centers (New York SBDC), highlighting the strong support provided to small businesses and entrepreneurs throughout New York State.<\/strong><\/p>\n

The centers empower entrepreneurs through one-on-one no-cost business advice, training, and research that fuels New York State’s economic growth. Last year, the New York SBDC served 27,414 businesses and entrepreneurs through one-on-one advisement and trainings, helped generate $218.8 million in new capital, supported the saving and retention of 31,282 jobs, and helped create 3,392 new jobs.<\/p>\n

\u201cSmall Business Development Centers throughout New York State are helping New Yorkers turn good ideas into vibrant small businesses,\u201d\u00a0Governor Hochul said.\u00a0<\/strong><\/p>\n

\u201cFrom Long Island to Niagara Falls, and the North Country to the Southern Tier, these centers are empowering New York small businesses and entrepreneurs to step up, achieve upward mobility, and serve as job creators within their local communities. I will continue to use every tool at my disposal to help New York workers and job creators thrive and prosper.\u201d<\/p>\n

The New York SBDC is administered by the State University of New York (SUNY) and hosted at 20 different institutions across New York State, helping to link learning institutions with an expansive statewide small business network.<\/p>\n

The SBDC provides comprehensive support across all industries \u2014 including technology, manufacturing, retail, agriculture, and artificial intelligence \u2014 guiding businesses through every stage of their lifecycle, from startup and expansion to succession planning. Throughout its over 40 years of service, Small Business Development Centers have served more than 550,000 entrepreneurs, helping generate nearly $9 billion in economic impact for New York State.<\/p>\n

“Small Business Development Centers are engines of upward mobility for thousands of New Yorkers that provide vital support for budding entrepreneurs as they work to build the business of their dreams. Through the strong support of leaders like Governor Hochul, and federal and state partners, this program has had transformative impacts on entrepreneurs throughout the state. SUNY is committed to supporting economic development in communities across the state, and the Small Business Development Centers are a core part of our efforts to strengthen New York\u2019s economy,” said State University of New York Chancellor John B. King Jr.<\/p>\n

“Across New York State, small businesses enrich their communities by providing economic development opportunities, career pathways, and services. At SUNY, we are committed to helping businesses thrive across our state, and commend our Small Business Development Centers for their work to support small businesses and entrepreneurs. We thank Governor Hochul for her leadership, and federal and state officials for continuing to invest in SUNY programs and initiatives, including Small Business Development Centers,” said The SUNY Board of Trustees.<\/p>\n

\u201cEmpire State Development and SUNY share a commitment to helping New York\u2019s entrepreneurs and small businesses succeed. Under Governor Hochul\u2019s leadership, we are strengthening the ecosystem that gives business owners the tools, guidance, and capital they need to start, grow, and create jobs. Together, we are expanding economic opportunity in every region and helping ensure more New Yorkers can turn innovative ideas into thriving businesses,\u201d said Empire State Development President, CEO and Commissioner Hope Knight.<\/p>\n

\u201cSBDC clients have an 80% five-year survival rate, far above the national average. They grow faster, hire more, and outperform businesses that go it alone. For every $1 invested in the SBDC, the SBDC delivers $4 in measurable return. As a program funded in partnership with the U.S. Small Business Administration, we appreciate the SBA’s continued investment in and commitment to the SBDC program and its mission of helping entrepreneurs start, grow, expand, and succeed. We also appreciate Governor Kathy Hochul’s continued commitment to New York’s small businesses and we value our partnership with Empire State Development. We look forward to expanding our collaboration to increase the capacity and reach of the NYSBDC program so we can serve even more entrepreneurs and small businesses across the state. Thank you to all organizations that we partner with across the small business ecosystem, as well as our incredible staff, advisors, and directors across New York State, and my central office team for their strength, patience, and fearless creativity in pushing us forward, ” said State Director at New York SBDC Sonya Smith.<\/p>\n

\u201cSmall businesses are the backbone of our local economies, and New York\u2019s Small Business Development Centers give entrepreneurs the tools, expertise, and individualized support they need to turn their ideas into successful businesses. I was proud to fight for $2.6 million in this year\u2019s State Budget to support the SBDC network, and I will remain a strong advocate for these centers because of the vital role they play in strengthening our local economies and creating pathways to economic mobility for entrepreneurs across New York State,\u201d said State Senator April N.M. Baskin.<\/p>\n

\u00a0<\/strong>“I have long believed that our public colleges and universities are engines of opportunity that reach far beyond the classroom. Last year, Small Business Development Centers helped more than 27,000 New Yorkers start and grow a business, generated $218.8 million in new capital, and supported over 34,000 jobs. In my home county Queens, small businesses are the lifeblood of our neighborhoods are often the first step toward the middle class for immigrant families. I thank Governor Hochul and Chancellor King for their continued investment in this program,” said State Senator Toby Ann Stavisky, Chair of the Senate Higher Education Committee.<\/p>\n

\u201cAs Chair of the Assembly\u2019s Small Business Committee, it has been both an honor and a privilege to represent and support the people and small businesses that fuel our communities and drive our local and state economy. Small businesses make up a significant percentage of all businesses in New York, employing over 40 percent of our workforce and generating nearly $1 trillion in annual economic activity. That success does not happen by accident, but is made possible through many resources including the New York Small Business Development Centers, as well as, the local center partnered with Mohawk Valley Community College, which provide entrepreneurs with the no-cost guidance and capital access they need to start, grow, and sustain their businesses, and the never-ending hard work, determination, and perseverance of our state\u2019s business owners. Impacting more than half a million entrepreneurs statewide and generating $218.8 million in capital investment this year is more than just a milestone \u2013 it is a testament to what this partnership between SUNY and our small business community can achieve and the growth that is to come when we continue to invest in the people building our economy from the ground up,\u201d said Assemblymember Marianne Buttenschon.<\/p>\n","protected":false},"excerpt":{"rendered":"

NEWYORK: Governor Kathy Hochul announced annual results from the New York Small Business Development Centers (New York SBDC), highlighting the strong support provided to small businesses and entrepreneurs throughout New York State. The centers empower entrepreneurs through one-on-one no-cost business advice, training, and research that fuels New York State’s economic growth. Last year, the New […]<\/p>\n","protected":false},"author":5,"featured_media":40456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1469,31,1378],"tags":[],"class_list":["post-41026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-york","category-news","category-us"],"_links":{"self":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/41026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/comments?post=41026"}],"version-history":[{"count":1,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/41026\/revisions"}],"predecessor-version":[{"id":41027,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/41026\/revisions\/41027"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/media\/40456"}],"wp:attachment":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/media?parent=41026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/categories?post=41026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/tags?post=41026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}