The Mohawk Valley SBDC is ready to assist your small business during this challenging time. Schedule an appointment with one of our business advisors or call us at (315) 731-5884.
SBA Extends Deferment Period for all COVID-19 EIDL and Other Disaster Loans until 2022 (New)

The U.S. Small Business Administration announced extended deferment periods for all disaster loans, including the COVID-19 Economic Injury Disaster Loan (EIDL) program, until 2022.
  • All SBA disaster loans made in calendar year 2020, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 24-months from the date of the note.
  • All SBA disaster loans made in calendar year 2021, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 18-months from the date of the note.

Existing SBA disaster loans approved prior to 2020 in regular servicing status as of March 1, 2020, received an automatic deferment of principal and interest payments through December 31, 2020. This initial deferment period was subsequently extended through March 31, 2021. An additional 12-month deferment of principal and interest payments will be automatically granted to these borrowers. Borrowers will resume their regular payment schedule with the payment immediately preceding March 31, 2022, unless the borrower voluntarily continues to make payments while on deferment. It is important to note that the interest will continue to accrue on the outstanding balance of the loan throughout the duration of the deferment. 
Intellectual Property Protection for Small Businesses
Mar 23; 2:00 - 3:30 PM

The Syracuse University College of Law’s Innovation Law Center will present an overview on Intellectual Property Protection on Tuesday, March 23rd from 2:00 - 3:30 PM. This presentation is intended to be a basic overview of how patents, trade secrets, copyright, and trademarks can provide protection for your unique idea, and a competitive advantage to your business. After the presentation, the ILC team will be on hand to answer questions about IP and its role in your business strategy.

This webinar is hosted by the Mohawk Valley Small Business Development Center and cosponsored by the Advanced Institute for Manufacturing.
Enhancing & Optimizing Your Online Presence With Google
Apr 6; 11:00 AM - 12:30 PM

Google is king in this new virtual age. We're going to talk about ways to make sure you're using it to your advantage in 2021. Now more than ever, you need to optimize and enhance new ways of advertising - and this is the best place to start!

This webinar is presented by Chris Lorence and Kayla Fujinaka of Christopher A. Lorence PR & Marketing services, hosted by the Mohawk Valley Small Business Development Center, and cosponsored by the New Hartford Chamber of Commerce.
Government Contracting Webinar Series

The Government Contracting Webinar series is designed to help small businesses understand what they need to do to make the government their next customer. Each webinar will go over a specific area of government contracting and help small businesses understand how to do business with the government.

  • March 23, 10:00 - 11:00 AM: Marketing to the Government
  • March 30, 10:00 - 11:00 AM: How to Respond to an RFP
Government Affairs & Economic Development Council Meeting (New)
Mar 24; 8:30 AM

The Greater Utica Chamber of Commerce invites all of our members to participate in our monthly Government Affairs & Economic Development Council meeting on March 24th, where we will be joined by special guest Oneida County Executive Anthony J. Picente, Jr. He will be updating us on the status of the Nexus Center, County Budget, Vaccination Distribution, and the County's plans to continue navigating the Covid-19 crisis.
Better Your Business Banking Series
Mar 25, Apr 1; 10:30 - 11:30 AM

Understanding banking requirements and financing options is a vital part of operating your business successfully. In this four-part series, you will learn best practices to help navigate a variety of banking topics for starting, sustaining, expanding, and selling a business.
Small business questions?
We're here to help.
Leave us a review.

Mohawk Valley SBDC
(315) 731-5884
New York SBDC is a Partnership Program with the SBA, administered by the State University of New York. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs are extended to the public on a nondiscriminatory basis.
Subscribe to the Mohawk Valley SBDC Newsletter View this newsletter as a webpage