Pace University
Small Business Development Center
November 2021 Newsletter
COVID-19 EIDL Application Deadline Approaching
If you've been considering applying for a COVID-19 Economic Injury Disaster Loan (EIDL) or Targeted EIDL/Supplemental Targeted Advance, the time to apply is now! Funds are available and there's still time. However, applications for all COVID-19 EIDL programs must be submitted before the deadline of December 31st, 2021 at 11:59 PM ET. Administrators will process all applications submitted by the deadline. Take advantage of this opportunity before it ends. Read more about the upcoming deadline on our blog.
Recent Trainings From the Pace SBDC
Throughout the fall, the Pace SBDC hosted a number of trainings providing entrepreneurs with the knowledge needed to grow successful small businesses. Experts, including several Pace University professors, shared insights about sales strategies, sustainability, purchasing owner-occupied commercial real estate, cybersecurity for your small business, evaluating capital expenditures, and more. One of our most exciting trainings, and our first in-person workshop since the COVID-19 pandemic, was a How To Build A Business Plan Workshop presented in collaboration with the Pace Entrepreneurship Club. View both our upcoming and past events on our website's events page.
Success Story: Kung Fu Tea
The Pace University SBDC's latest client success story is Edwin Leong who launched a new Kung Fu Tea franchise in Astoria, Queens earlier this summer. The Pace SBDC team helped the client with business planning steps, formally incorporating the business, and financing options, as well as generating marketing strategies to build awareness and attract new customers. With our support, he has been serving customers for six months now. Read the full success story on our website.
Get Ready for #SmallBusiness Saturday!
On Saturday, November 27, the 12th Annual Small Business Saturday will be celebrated, bringing together communities to support their favorite small businesses. Held on the Saturday after Thanksgiving, this initiative helps small businesses create jobs and meet annual sales goals. In fact, last year U.S shoppers spent nearly $20 billion at independent stores on Small Business Saturday. Check out the Small Business Saturday site for customized marketing materials to help get the word out about your business, and include #SmallBusinessSaturday on social media posts to show your support.
New Member of Our Team
The Pace SBDC is excited to welcome new Student Intern Jennifer Zaurov! Jennifer is a dual MBA student studying Business and Marketing Management in Entertainment at the Lubin School of Business. She brings several years of social media expertise to the team and her full biography is available on our website.
Pace University Small Business Development Center
212-618-6655
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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.