Do You Want Your Business to Thrive? Sign Up For Our Weekly Newsletter to Learn Up-to-Date Resources Available to Small Businesses! | |
Featured in This Issue:
*FEATURED EVENT*
-10/28 From Tenant to Owner: Timing, Financing, and the Playbook for Buying Commercial Real Estate
-11/12 Are You Ready to Sell Online this Holiday Season?
-11/19 Financial Literacy for Small Business Owners
-Suffolk County Business Gateway
- The New York State Secure Choice Savings Program
*NEW* Available Grant Programs
↓ Take a look ↓
| | |
Featured Event - Register Now!
Seats are filling up - and this is one you don't want to miss.
| | |
From Tenant to Owner: Timing, Financing, and the Playbook for Buying Commercial Real Estate
Tired of paying your landlord’s mortgage? It’s time to build equity in your own business.
Joining forces with a panel of top industry experts, we’re unpacking everything you need to know about transitioning from leasing to owning your commercial space. Whether you’re ready to buy now or planning for the future, you’ll learn:
- Financing Strategies: How to leverage SBA loans vs. conventional financing to fund your purchase.
- Tax & Accounting Hacks: Using your tax returns to prove readiness and maximizing tax benefits.
- Contracts & Deals: Key covenant clauses, timing considerations, and lease-option-to-buy setups.
- Protection & Risk: Essential insurance considerations before you sign on the dotted line.
Stop renting your business's future.
Join Rob Root (Pursuit Lending) Troy A. Diaz ( U.S SBA) Gina Coletti (GN Advisory Group Inc.) , Chris Jordan (M&T Bank), Arthur Yermash (CMM LLP), and Melinda Roth Epstein (Brown & Brown) to find out if the time is right for you to unlock the power of property ownership!
10/28 | 9:00am
| | LIREDC Meeting Recap: New Commercialization Corridor & Semiconductor Design Center | | |
At the recent Long Island Regional Economic Development Council (LIREDC) meeting, key plans were unveiled to accelerate advanced manufacturing and tech scale-ups across Long Island:
-
Commercialization Corridor (Newlab Partnership): Newlab is finalizing site selection for a 30,000–70,000 sq. ft. transition manufacturing facility in Suffolk County. The corridor will support seed and Series A startups in robotics, low-cost drones, automated CNC, and wireless charging. Local manufacturers, workforce organizations, and industrial partners are encouraged to connect (longisland@newlab.com).
-
Downstate Semiconductor Design Center: Through New York State's $25M GO-SEMI initiative, a new center will leverage downstate engineering talent and research assets to design semiconductor chips that will be fabricated upstate.
Interested in supply chain, incubator space, or grant opportunities? Contact your Stony Brook SBDC advisor today!
| | Perfecting Your Pitch - BUS 383 | | |
Business advisor Ree Wackett taught students how to ‘Perfect Your Pitch’ in the BUS 383 - Social Entrepreneurship class.
They will use their pitches for their presentations, which will detail their business ventures at the end of the semester. The students started their pitches today and did a terrific job!
Go Seawolves!
| | Monthly Business Solutions Roundtable | |
Roadblocks? Let’s talk about them.
Our monthly SBDC Business Solutions Roundtable is where small business owners come together to share challenges, exchange ideas, and discover practical solutions for building and growing a thriving business.
A little inspiration gets us started, but the conversation—and the collective wisdom—takes it from there.
Free for SBDC clients. Registration required. Come ready to connect, contribute, and leave with fresh ideas!
11/5 | 8:30am
| Are You Ready to Sell Online this Holiday Season? | |
In this workshop, Christine Curzio will share tips and tricks to start selling online and how to start or enhance your payment processing experience. Who to call, what methods to use, and avoiding pitfalls.
Christine Curzio is a strategic leader bringing over 25 years of experience in the financial and payment industry with documented results and achievements in finance, operations, marketing, project management, and technology infrastructure. She is a dynamic, results-driven executive with unwavering energy and dedication.
11/12 | 9:00am
| Financial Literacy for Small Business Owners | |
Running a business is hard enough without wondering if your numbers add up. Join us on November 19th for a “Financial Literacy for Small Business Owners” workshop hosted by the Small Business Development Center (Stony Brook University). The workshop will focus on the fundamentals of running a financially healthy business. We will cover key topics such as financial foundations, financial statements, operational health, and how to develop a strategy for long term growth that leads to success.
This workshop is being presented by business advisor Leslie Powers.
11/19 | 9:00am
|
|
Breva Grant for Contractors: Breva Thrive Grant
-
Deadline: October 31, 2026. Notification Dec 15
- Award: $5,000 unrestricted cash grant / $12,000 in-kind support
- Details: “Every quarter, one trade contractor or emerging general contractor receives $5,000 in cash and a year on the Breva platform.”
| |
PSEG Long Island Main Street Revitalization Program
-
Deadline: Rolling basis (Applications are accepted until program funds are exhausted.)
- Award : Direct-to-business grants ranging from $2,500 up to $100,000 based on total construction investment tiers.
- Designed to support commercial customers undertaking substantial renovation or expansion projects to start up or grow their businesses in local commercial districts. Projects located in NYSERDA-designated Disadvantaged Communities (DAC) may qualify for an extra 25% bonus.
- Details Applicants must apply prior to or at the start of construction. Cosmetic work is excluded, and applicants must be the business owner who holds the electric account.
| |
INTRODUCING THE SUFFOLK COUNTY BUSINESS GATEWAY | |
We are pleased to share the launch of Suffolk County’s new online platform for businesses --- the Suffolk County Business Gateway.
Whether you are looking to start a new business, relocate or expand, Suffolk County’s Business Gateway is your one-stop shop to help your company grow and thrive. Through a variety of innovative programs and support centers, the Gateway is there to help Suffolk businesses climb the ladder of success!
The Gateway has also launched its inaugural edition of Insights I Info --- a new bi-weekly e-newsletter designed to keep the business community informed, connected and supported.
We encourage you to spend a few moments on https://suffolkcountyny.gov/businessgateway, sign-up to receive Insights I Info and let the Suffolk County Gateway know how they can help your business continue to succeed.
| | The New York State Secure Choice Savings Program | |
Help Your Employees Save for Retirement with New York Secure Choice!
The New York State Secure Choice Savings Program has launched – the state’s new retirement savings program that makes it easier for small businesses to help their employees save for the future.
Eligible employers are required to register and facilitate the program by their respective deadline in 2026.
It’s free and easy for employers to get started.
Join an upcoming webinar.
| | Explore Resources for Rural Businesses | | Grow Your Manufacturing Business | | SBA Red Tape Announcement | | |
Loan Eligibility Restrictions:
• The applicant business must be located in the declared disaster area.
• Only uninsured or otherwise uncompensated disaster losses are eligible.
• The economic injury must have been the direct result of the declared disaster.
• Nurseries are only eligible for economic injury caused by declared drought disasters.
• By law, agricultural enterprises such as farmers and ranchers are not eligible for any type of SBA assistance.
• Applicants who have not complied with the terms of previous SBA loans are not eligible. This includes borrowers
who did not maintain flood and/or hazard insurance on previous SBA loans.
• Loan assistance is available only to the extent the business and its owners cannot meet necessary financial
obligations due to the disaster. This determination is made by SBA.
Note: Loan applicants should check with agencies / organizations administering any grant or other assistance program
under this declaration to determine how an approval of SBA disaster loan might affect their eligibility.
| | The New York Small Business Development Center (NYSBDC) 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. | | | | |
