February 2010 ACTIVITY
Newly Certified Businesses
Renewed Businesses
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PARTNER SPOTLIGHT
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ACCION, USA
Ana Hammock
Program Director
New England Program Director
Ana Hammock works for Accion, USA. ACCION, USA is a worldwide
organization providing financial help for underserved
communities and micro-businesses - companies with 5 or fewer employees. ACCION understands small, start-up and established companies, whose
credit and finding credit access have been limited due to short business histories. Since launching in 1991 in New York, the U.S. ACCION
Network has made a total of 33,202 loans to 20,619 low- and moderate-income clients in the United States, totaling $250 million. Whether
looking to gain knowledge of how to manage their small business, understanding your credit issues or obtain legal and financial advice,
ACCION can offer help both in English and Spanish.
Mostly known as a micro-lender, ACCION, USA offers a lot more. One of ACCION, USA's exciting partnerships is with local brewer Sam Adams,
through their Boston Beer Foundation. They provide expertise and guidance amongst the suds to entrepreneurs in the New England food
beverage and hospitality industry. One exciting feature is their
speed coaching. They host a
'Brewing the American Dream' which features speed coaching. Ms. Hammock describes this as 'pop-culture speed dating meets top board
room executives at no cost.'
Free legal advice is also provided through ACCION, USA's partnership with Goodwin-Procter Law firm. 20 minute workshops are provided
for clients to meet 1-on-1 with legal attorneys. As companies prepare for tax season, ACCION, USA also has tax volunteers to help people
file their business data correctly. To find out more info about ACCION, USA,
click here. Their next speed coaching session March 15th at the
Providence Biltmore Hotel in the L'Apogee Room, 11 Dorrance St. Providence, RI 02903
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New Bedford Economic Development Council (NBEDC)
The New Bedford Economic Development Council (NBEDC) is a financing resource for small businesses. Entrepreneurs can always use business advice
whether they've just begun or looking to expand their existing enterprise. Through their Southern Massachusetts Regional Small Business Development
Center, NBEDC offers 1-on-1 counseling, workshops along with seminars. From business plan assistance to marketing and sales strategies to financing
opportunities, NBEDC partners with local and state agencies and such as the Mass. Small Business Development Center and Small Business Administration.
If you are not sure which offices to go to starting your new business, they are there to guide you.
Currently, NBEDC offers a variety of loan funds for new or existing businesses. According to one of NBEDC's representatives, their Micro-enterprise
loan program is for small businesses with 5 or less employees with loans up to 35 thousand dollars. Their Creative Economy Revolving Loan is another
micro-loan for small companies, which are tied to companies working in art related fields such as print shops or anything to do with arts and culture
in general. The C-Cap Competitive loan gives owners access to working capital and purchases for small businesses that don't have the means to access
traditional credit. NBEDC provide Gap or fill-in Financing also. Gap Financing works for businesses with SBA loans, but still need additional funding.
The NBEDC can fill-in with an additional 5% for the enterprise.
People in the southeast region with businesses are strongly encouraged to contact
NBEDC.
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BID OPPORTUNITIES
Below are some of the many bid opportunities currently available to your business. We hope you will take advantage
and bid on those contracts your business qualifies for.
We strongly encourage you to go to
www.comm-pass.com to learn about other bid opportunities throughout the Commonwealth.
Download Bid
Tech. Assistance to update the sewer model over a 3 to 5 yr period
DIMEO Construction Company
Demolition, Asbestos Abatement, Sitework, Landscaping, Cast-in-place concrete, Structural Steel
Rough Carpentry, Finish Carpentry, Damp proofing, Air Barriers and Joint Sealers, ... and more
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PROJECT SPOTLIGHT
$185 million in ARRA funds will leverage $800 million in water infrastructure construction projects, 20 percent of new funds be used
for "green infrastructure" improvements at water facilities.
These facilities are high energy intensive and account for up to 30
percent of municipal electric bills. $67 million of ARRA money will be used for the state's largest procurement of solar power
installation, as well as other renewable energy and energy efficiency upgrades at waterworks.
MassDEP
Project List
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RENEWALS
Reminder letters are sent out 30 days prior to the companies expiration date. These letters detail the documentation the company
is required to submit to remain in good standing.
Certifications are renewed according to the following schedules:
• MBE, WBE, MBE/WBE & NPO'S -
Every 2 years (Biennial renewal)
• DBE -
Every year (Annual Review)
Companies will be contacted when their files are going to be reviewed for a 6 year substantive review.
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UPCOMING EVENTS
Accounting & Finance for Non-Financial Managers
This seminar is specifically designed for CEOs and other senior managers and covers the core concepts of accounting
and provides an introduction to basic concepts in finance. This includes accounting and financial terminology, financial
statements' structure, interrelationships of the elements of financial statements, distinguishing income from cash flow,
role of the auditor and basic valuation concepts from an investor and managerial viewpoint. Participants conclude with a
team exercise where they structure the financial statements for a company first at start-up and then at the close of a
year's operation.
Date: March 18, 2010 Time: 9:00 a.m. - 3:00 p.m.
10 Park Plaza, Boston, MA
Conference room 5-6
Register Here
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Free Legal Workshops for Small Businesses
The Lawyers’ Committee, in association with Wilmer Hale and SOMWBA, is hosting free business legal workshops on
legal issues that many small businesses face.
The Lawyers’ Committee’s provides free legal assistance to small businesses on many issues, including: Contracts,
Business Entity Formation , Real Estate
Date: March, 10th, 2010
Time: 10:00 a.m. – 12:00 p.m.
Location: Heritage Park, 1 Jackson St, Lawrence, MA
Sign up
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STEP IT UP! BOSTON SBA Emerging 200
SOMWBA and the SBA are seeking business owners eager to participate in this year's
Emerging 200 Program. In its 3rd year,
its free of charge, but requires an 8 month, 60-80 hr commitment, April to November. Step It Up is an initiative from the SBA
targeting small, Boston inner-city businesses ready for growth. Training provided by Inner City Entrepreneurs. 15 participants
are selected from applications submitted. These 15 will receive classes as well as CEO Mentoring, $40,000 is the estimated
direct cost of co-sponsored activity. Boston inner-city small businesses who've been in business for 3 years and had revenues
of around $400,000 and are interested in job and growth stimulation qualify.
For more information contact David Polatin,
District Dir. Mass. SBA at 617-565-5562.
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Improving Massachusetts Railways
Improving Massachusetts Railways – Additional railway construction will be underway as over $95 million in federal stimulus
Transportation Investment Generating Economic Recovery (TIGER) Grants shall be provided for statewide rail improvements. Revere
will receive $20 million. An additional $20 million TIGER will be granted to the South Coast Rail Project and $55 million TIGER
aid for the Fitchburg Commuter Rail extension project. If you’re interested to learn more click
here
and here.
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Boston Buying Power
Boston Buying Power: Looking for ways to reduce energy
usage and pay lower utility costs, join Boston Buying Power. Join hundreds of local area businesses who are saving energy
and money via getting the best available utility rates. Learn about budgeting, cost tracking, and receive a savings analysis
or upgrade info. Find out how at by calling 857-244-6900.
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Professionalizing the Family Business- Going Outside
Growth in the Face of Uncertainty: Strategies for Moving Ahead WEBCAST by Tatum
Tuesday, March 2, 2010 - Time: 2:00 p.m. ET, 11:00 a.m. PT FREE
REGISTER NOW
Topics discussed:
· Current economic trends
· Adjusting to a revised competitive landscape
· Achieving effective flexibility with your workforce
· Private equity
· Thinking creatively about capital
· Assessing and mitigating risk
Speakers include: Joshua Pollet, PHD, Michigan State Department of Economics
Janice DiPietro, National Managing Partner, Consulting, Tatum
Mike Gorsage, Managing Partner, Business Operations & Technology, Tatum
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Professionalizing the Family Business- Going Outside
Core Program Breakfast Meeting: Wednesday, March 3rd, 2010 - Time: 7:30 a.m.- 10:00 a.m.
at Henderson House, 99 Westcliff Road, Weston, MA.
Speaker: Tony Roscillo, CFO Piantedosi Bakery and Harry Fraser, CEO, Johnny's Selected Seeds and former CEO, Thomas Moser Cabinetmakers
Moderator: Leonard J. Glick, EdD Northeastern University
Please RSVP Yes! I want to attend. Or
No. I cannot attend this event.
For center info: Northeastern Univ., 360 Huntington Ave., 209 Hayden Hall, Boston, MA 02115
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Strategic Business Introductions
Gain extreme benefits from the "Wisdom Circle" process
Date: Wednesday, March 03, 2010 - Time: 4:30 p.m.
Start Please arrive no later than 4:15 p.m. and 6:30 p.m. Conclusion
Location: Bertucci's 475 Winter Street Waltham, MA 02451
Click for Map
Cost: $75, $50 for eWN Member, $85 for all late registrations, beginning 02/28/2010
Register by phone by calling (617) 721-4650,
Register Online
Email contact: Marie Warner eWomenNetwork Managing Director for Boston Metro West
mariewarner@ewomennetwork.com
This intimate networking event focuses on: New client acquisition, Marketing and promoting your business, connecting you with
needed resources, and more.
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March is Tech Month
Learn about the latest trends in social media, internet marketing, email, mobile apps and more.
The Latest Trends in Social Media:
Creating Online Communities to Drive Business
Date: Thursday, March 4, 2010 - Time: 8:30 a.m. - 10:30 a.m.
Location: Enterprise Center at Salem State College, 121 Loring Avenue, Suite 106, Salem
Cost: $10 - pay via credit card or
PayPal with link
Internet Marketing Basics
Date: Thursday, March 11, 2010 - Time: 8:30 a.m. - 10:30 a.m.
Location: Enterprise Center at Salem State College, 121 Loring Avenue, Suite 106, Salem
Cost: Free
Principles of Effective Email Marketing
Date: Tuesday, March 16, 2010 - Time: 8:30 a.m. - 10:30 a.m.
Location: Enterprise Center at Salem State College, 121 Loring Avenue, Suite 106, Salem
Cost: $10 - pay via credit card or
PayPal with link
Mobile Marketing Primer: Create powerful mobile marketing programs that drive revenue and transform customer relationships
Date: Tuesday, March 23, 2010 - Time: 8:30 a.m. - 10:30 a.m.
Location: Enterprise Center at Salem State College, 121 Loring Avenue, Suite 106, Salem
Cost: $10 - pay via credit card or
PayPal with link
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Webinar: Financing Strategies That Work Today
Looking to better understand small business financing strategies today? Here is a free, unbiased, educational webinar for you. Learn
about unsecured loans, SBA financing, 401(k) rollovers, home equity, and peer-to-peer lending. Safely invest your retirement funds
into a small business or franchise. If you are interested, please take a closer look. Click on the "Register Now" link to register
for more info, contact: Greg Carson, Business Development Manger,
greg.carson@guidantfinancial.com
Tuesday, March 8, 2010 - Time: 10:00 a.m.
Register Now
Wednesday, March 17, 2010 - Time: 1:00 p.m.
Register Now
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Accelerated Networking
Accelerated Networking™ presents
Growing Your Business Does NOT
Have to Cost a Fortune!
Tuesday, March 9, 2010. Doubletree - Bedford Glen 44 Middlesex Turnpike, Bedford, MA, 01730
Networking, Dinner & Presentation featuring:
Speaker Nancy Michaels, CEO and Founder, Grow Your Business Network
For more info: Tel: 1-781-275-5500. Register now
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SOMWBA online webinars with
C S Wurzberger
SOMWBA and
C S Wurzberger from
New Media Marketing Power have teamed up to bring
you a series of 5 web development and Internet marketing webinars. From the comfort of your office, home, log in and listen
to these jam-packed, 60 min. sessions. Showcasing strategies and approaches you can use immediately to improve your marketing
results.
· Friday, March 19, 2010 12:00 p.m. – 1:00 p.m. 9 Steps to planning a profitable web site
· Friday, March 26, 2010 12:00 p.m. – 1:00 p.m. Site makeover strategy session
· Friday, April 2, 2010 12:00 p.m. – 1:00 p.m. Know your keywords to attract the search engines
· Friday, April 9, 2010 12:00 p.m. – 1:00 p.m. 5 Steps to a marketing power action plan™
· Friday, April 16, 2010 12:00 p.m. – 1:00 p.m. Networking and Social media
Each session is limited to only 15 participants.
Register Online
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All Things Life Sciences 2010 Venture Forum
All Things Life Sciences 2010 Venture Forum
Attention women-led life science or clean tech companies looking for funding?
All Things Life Sciences: 2010, is a venture forum program showcasing early and later stage companies to potential investors and
strategic partners in biotech, energy, environment, diagnostics, devices and healthcare. The application deadline is
Wednesday, March 17, 2010, all interested companies can
submit an application online.
Presented by Capital Group and Springboard Enterprises.
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Sandler Sales Training Seminar
Tuesday, March 23, 2010 - 7:45 a.m., networking,
8:00 a.m. – 9:00 a.m., program
Sheraton Framingham Hotel & Conference Center
1657 Worcester Road (Route 9 East), Framingham MA
The third session is entitled ”Upset about long sales cycles? Strategies on how to move your opportunities forward.”
Register Here
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Copyright ©
State Office of Minority and Women Business Assistance
10 Park Plaza, Suite 3740
Boston, MA 02116
Phone 617-973-8692
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