How To Support Small Businesses During COVID-19 Crisis

Small businesses are the backbone of our economy. According to the Small Business Administration (SBA), small businesses employ more than half of the working class in the United States. While they are a valuable asset for many great reasons, small businesses are often hit the hardest during crises. Take our current situation, for example. COVID-19…

Read More

NJSBDC Steps Up with Programs to Provide Vital Help Businesses Say Urgently Needed

FOR IMMEDIATE RELEASE Contact: 973.353.1927 press@njsbdc.com Thursday, January 28, 2021  (Newark, NJ) – New Jersey’s Small Business Development Centers (NJSBDC) announced targeted and comprehensive training and technical assistance to New Jersey businesses and entrepreneurs based on an online survey the network commissioned by Rutgers University’s Heldrich Center. The survey work began in June and was completed in…

Read More

COVID-19 UPDATES

June 4, 2021 at 1:30 PM TD BANK PLEDGES $100M TO MINORITY-OWNED SMALL-BUSINESS LENDING TD Bank is committing $100 million to minority-owned small-business lending. The new equity fund will invest $75 million in specialized small-business investment companies aimed at assisting minority- and women-owned small businesses and those that operate in underserved communities. The remaining $25…

Read More

A New Jersey Assemblyman Tells Us Everything They’re Doing to Save Small Businesses

About the Assemblyman State Assemblyman Raj Mukherji represents NJ’s 33rd legislative district, which represents certain parts of Jersey City and all of Union City, Hoboken, and Weehawken. He serves as the Deputy Speaker Pro Tempore of the General Assembly and Chairman of the Assembly Judiciary Committee. Aside from these titles and positions, Assemblyman Mukherji is…

Read More

A Small Business Owner’s Guide to PPP Loan Forgiveness

As the lockdown continues, each day is a new challenge and a new struggle. Local, state, and federal government agencies continue to roll out different relief programs to guide the small business community and hopefully ease the burden for small business owners. However, with the circumstances evolving every day, it’s hard to keep up with…

Read More

The FIRST SBA Loan Application for COVID-19 in New Jersey

Our very own Ryan Silvestre, NJSBDC Senior Business Consultant, interviews long-time client Khoa Le , owner of K Vibe TV, to explain the in’s and out’s of the SBA Loan application process. Keep in mind that he applied when the first version of the SBA Disaster Assitance Program rolled out almost 2 weeks ago now,…

Read More

How to get Financial Assistance if impacted by COVID-19

Supporting Our Small Business Community The Small Business Development Center at NJCU is here to Help! As our community feels the effect of the COVID-19’s state of emergency, we would like to remind you that our office is working hard to help our small business owners during COVID-19 which in-turn supports countless employees.  SBA is…

Read More

3 Step Business Action Plan for COVID-19

Being a small business owner is an overwhelming challenge by itself. Throw in a global pandemic like the COVID-19 AND an unstable economic environment… the stakes couldn’t be higher. However, if you’ve planned to expect the unexpected, you can rest easy. Having an effective and strategic action plan is important. It encourages productivity and keeps…

Read More