Government and Politics
June 6, 2024
From: New York Governor Kathy HochulLaunches Regional Minority - and Women-Owned Business Expo Series to Help Expand Opportunities for MWBEs – Businesses Can Register Here for Events in Syracuse and New York City
Builds on Governor’s Continued Commitment to Supporting Small Businesses Statewide
Governor Kathy Hochul on June 6th, announced New York’s “Small Business Summer Series” – a slate of informational events and workshops to connect New York entrepreneurs to free resources, support, and services. The series includes the second interagency Small Business Tour, first announced last year to highlight state programs and services to help small businesses succeed, as well as the 2024 Regional Minority- and Women-Owned Business Expo Series to help expand opportunities for MWBEs. Together, these events build on Governor Hochul’s commitment to helping New York’s small businesses thrive.
“Small businesses are part of what makes New York great, and my administration is committed to giving them the support they need to thrive,” Governor Hochul said. “Starting later this month, we are launching our Small Business Summer Series to connect entrepreneurs to vital resources, expand opportunities for minority- and women-owned businesses, and help small businesses contribute to their local economies and build strong, vibrant communities.”
New York State Department of Labor Commissioner Roberta Reardon said, “Small businesses are essential to the economic vitality of communities statewide. The New York State Department of Labor offers a trove of no-cost resources that can help businesses of all sizes compete on the global stage. I encourage entrepreneurs to learn more about how New York State can support your success.”
Empire State Development President, CEO, and Commissioner Hope Knight said, “I’m excited to be back on the road this summer with Governor Hochul and our state agency and community partners to showcase the breadth of free resources available to help small businesses succeed. Small businesses are the heart of New York State’s economy, and the MWBE Expo Series is an excellent platform for MWBEs to connect with key decision-makers, learn about upcoming projects, and build lasting relationships that are critical to growth and opportunity.”
New York’s Chief Diversity Officer Julissa Gutierrez said, “The Small Business Summer Series and Regional Minority- and Women-Owned Business Expo Series demonstrate New York's commitment to supporting and empowering our diverse small business community. By connecting entrepreneurs and MWBEs with vital resources, guidance, and networking opportunities, we are fostering an inclusive economic environment where businesses of all backgrounds can thrive.”
Led by the New York State Department of Labor and Empire State Development, New York’s interagency Small Business Tour builds on the State’s commitment to supporting its small business community. Representatives from NYSDOL, ESD, Department of State, Department of Financial Services, Department of Taxation and Finance, Agriculture and Markets, State Liquor Authority, the Workers’ Compensation Board, and the New York State Insurance Fund will provide important information to small business owners on licensing, regulations, taxes, grants, training, and more. The tour is being held in partnership with Chambers of Commerce. Businesses can register for the tour via NYSDOL’s Small Business Tour registration page.
The 2024 New York State MWBE Regional Opportunities Expo Series, hosted by ESD’s Division of Minority and Women's Business Development, is a free, in-person event designed to equip MWBEs with essential information and resources to secure State contracts. The series features valuable panel discussions, engaging networking opportunities, and interactive workshops, as well as showcasing an array of State-sponsored financial and technical assistance programs. Attendees will have the opportunity to connect with the New York State agencies and authorities specializing in transportation, construction, and education which, together, represent billions of dollars in contracting opportunities for MWBEs. Registration for events in Syracuse and New York City is now open.
A full schedule of events is below:
Governor Hochul’s Support for New York’s Small Business Community
These events build on Governor Hochul’s commitment to helping New York’s small businesses contribute to their local economies. During Small Business Month in May, the Governor announced new initiatives to support business owners, including a $6 million Innovation Matching Grant Program to New York companies applying for the certain federal funding programs and additional support for thousands of NYSIF-insured businesses.
Governor Hochul also announced that New York has not only met its commitment to shortening response times for MWBE certification applications to 90 to 120 days — it has exceeded that commitment. Since August 1, 2023, ESD has certified and recertified over 1,500 businesses, with the average application processing time now taking less than 90 days. The announcement builds on the Governor’s strong support for MWBEs, including the historic elimination of New York’s yearslong MWBE certification backlog following an $11 million investment in the FY 2023 Budget.
There are nearly 695,000 small businesses in New York State and approximately 98 percent of New York businesses have fewer than 100 employees. These businesses employ more than 4.5 million individuals in fields from retail and food service to financial services, to agriculture, innovation and construction. In addition to the summer event series, NYSDOL supports businesses of any size and offers several resources. Business Services Representatives work with entrepreneurs to create customized solutions to help meet their business goals. The Department also offers free human resource service consultations and assists with workforce recruitment to help employers find skilled workers. NYSDOL offers guidance on hiring incentives, tax credits and funding opportunities that can help employers curb costs.