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Small Business Services Directory
The Bronx Overall Economic Development Corporation (BOEDC), the administrator of the Bronx Empowerment Zone (EZ), offers two loan programs for qualified Bronx Empowerment Zone companies. Both programs offer loans at a very low interest rate and long terms in return for the borrowers commitment to hire Bronx Empowerment Zone residents. The Business Assistance Initiative (BAI) can generally lend up to $1 million to finance up to half of a project's cost. The EZ Loan Fund can finance up to 80% of a project's cost up to loans of $200,000.
The Greater Hunts Point Chamber of Commerce works for the benefit of more than 700 industrial businesses in Hunts Point, the largest food distribution center in the United States. The GHPCC hosts business seminars and public events aimed at building connections between Hunts Point businesses, and between Hunts Point and other companies interested in doing business with Hunts Point.
The Port Morris Industrial Business Zone includes businesses located along the shoreline of the Harlem River and East River between 149th Street and Bruckner Boulevard to East 150th Street. SoBRO acts as the liaison with New York City agencies, helping to resolve problems that may arise within the park, particularly those having to do with the physical maintenance of the area. Businesses are also eligible for EZ certification and the tax and financing benefits that accrue to EZ certified businesses. The Park includes most manufacturing/industrial properties in the area and is home to approximately 400 businesses including plastics, paper products, metal working, and furniture firms.
SoBRO is a not-for-profit organization offering services designed to: Provide education, work readiness and employment programs for adults; Provide existing and newly established businesses with technical assistance, programs and services designed to enhance their ability to compete in the marketplace; and Engage in pro-active community assessment, planning and advocacy in order to strengthen the local economic environment.
Independent, local level small and high-risk minority and/or women-owned businesses are eligible to apply for small, low cost loans via the Springboard Mini-Loan Fund. The loans are available for small businesses located in Community Boards 1,2,3,4,7,8,11 or 12 and can be applied for at the BOEDC office. Start-up and existing minority and women-owned businesses are eligible. Loans can be used for working capital, acquisition of machinery and equipment, revolving lines of credit, seasonal inventory and accounts receivable. For additional information contact Rome Birkett.
Start Small’s mission is to empower New York City’s most underserved individuals to start, maintain, and grow small businesses in order to accumulate assets, increase personal financial security, and contribute to the economy. Start Small provides access to a variety of resources for entrepreneurs and immigrants: small business financing, small business legal counseling, small business planning and operations, accounting and bookkeeping, tax, marketing and public relations, human resources, and government certification and contracting.
The Women's Housing and Economic Development Corporation (WHEDCo) works with families in the Bronx who struggle with the multiple challenges presented by poverty and who, like all of us, aspire to a healthy and financially stable future. We believe that given the right support at the right moment, all families can flourish. WHEDCo replicates the attributes found in prosperous communities-safe, healthy homes; highly skilled professional childcare and enhanced extra-curricular activities; physicians, learning experts and therapists; opportunities to develop small businesses--and offer them to low-income families throughout the Bronx. Through our innovative, inter-connected and high-quality solutions, WHEDCo is working to make the Bronx a more beautiful, more equitable, and more economically vibrant place to live and a raise a family.