City of Yonkers, U.S. Small Business Administration and U.S. Dept. of Housing & Urban Development to host Training Session to Connect Local Businesses with Government Contract Opportunities
YONKERS, NY – January 21, 2016 – Yonkers Mayor Mike Spano, the U.S. Small Business Administration (SBA), and the U.S. Department of Housing and Urban Development (HUD) will host a full-day training session on Thursday, January 28th from 9:30am to 4pm to help connect local businesses to government contracting opportunities. The free event, which will be held at the Riverfront Library - 1 Larkin Plaza, will bring together experts from federal, state and city agencies, as well as local partners, to identify government-funded projects and investments that will create opportunities for Yonkers’ small business community, and to provide those businesses with the resources and technical assistance they need to successfully bid for government contracts across the New York metropolitan area. The event will be sponsored by the Yonkers Industrial Development Agency and Sterling National Bank.
“Joining forces with the SBA and HUD to bring the resources that many of our small business owners are seeking is instrumental in the continued economic growth of Yonkers,” said Mayor Spano. “This training session compliments the many tools and streamlined processes Yonkers is already implementing to stimulate our economy. I encourage anyone interested in expanding their business opportunities in Yonkers and being part of our local revenue successes to participate.”
The training is part of the City’s Strategic Alliance Memorandum with SBA to provide services to local small business owners and an ongoing partnership with HUD under the Community Needs Assessment (CNA) Initiative and Choice Neighborhoods Planning Grant. The initiative builds on a series of workshops offered last fall on small business startup.
“This is just the next step in SBA’s commitment to Yonkers under our historic agreement,” said SBA’s Region II Administrator, Kellie LeDet. “Federal contracts set aside to small businesses nationally are $125 billion and in New York State over $10 billion; but often local firms and businesses are unfamiliar with government procurement processes and requirements, making them less likely to bid and win. We hope businesses will take advantage of this event and learn how to become a successful bidder. Under the leadership of Beth Goldberg, SBA’s New York District Director, this is just the first of a series of conferences that will build the knowledge base of local businesses and the financial community here in Yonkers.”
The City's commitment to supporting its locally owned and operated businesses as a core component of growing the economy comes at a moment of great government investment in Yonkers through programs like HUD’s Choice Neighborhoods, Rental Assistance Demonstration Program, and other revitalization initiatives.
“HUD’s place-based model of community revitalization works across government jurisdictions and program lines to accomplish priorities generated at the local level,” said Holly Leicht, HUD Regional Administrator for New York and New Jersey. “Training Yonkers' small businesses on how to bid on federal contracts will help those businesses grow and will spark the kind of vibrant local economy the City’s residents and stakeholders aspired to achieve at the outset of HUD’s Community Needs Assessment two years ago.”
The event will consist of three separate panels, with additional time to connect with panelists at the end of the session:
- Government Contracting Opportunities - the nuts and bolts of how to bid on government contracts. In addition, attendees will learn about SBA’s program on preferential bidding for companies who are in or locate to the Yonkers HubZone;
- Technical Assistance – who to go to in order to get help preparing necessary bid materials;
- Lending – what funding sources are available and what needs to be prepared for each lender. Traditional and non-traditional financing will be discussed.
The event will be kicked off by Mayor Mike Spano; Kellie LeDet, Region II SBA Administrator; Holly Leicht, Region II HUD Administrator; and Beth Goldberg, SBA District Director of the New York Office.