Our specialty programs cover essential topics and industry areas, targeting some of New York’s states most pressing small business needs. Our programs are open and available to ALL New Yorkers.
43% of small businesses face security breaches yearly, costing them over $10 billion in 2023 alone; 60% close within 6 months of a major attack.
In the last two decades, NY businesses have faced over $200 billion in damages from disasters like Hurricane Sandy, 9/11, and the COVID pandemic.
In 2019, 16-22% of the U.S. workforce held business-related certifications or licenses, key for businesses securing gov’t and industry contracts.
The federal government awards contracts worth over $150 billion annually to small businesses. In New York there are significant additional contract opportunities from state and local government.
In 2021, New York’s small businesses made up 93.4%, or 30,707 of all of the state’s exporters. These small firms contributed $37.8 billion which is 54.6% of the total export value from New York.
The SBIR and STTR programs are federal initiatives funding R&D in small technology businesses with commercialization potential, investing over $3 billion annually to drive innovation.
Our community initiatives focus on unique communities across New York and tackling the unique challenges and hurdles that they face. We ensure we provide specialized support, help amplify their voices and build solutions to address their unique needs. Our programs are open and available to ALL New Yorkers.
New York has over 21,000 licensed daycare facilities. Childcare providers face major issues: 53% report staffing shortages, and 48% have raised tuition due to increased operational costs.
New York is home to over 30,000 family farms spanning 7 million acres, collectively producing more than $5.75 billion in agricultural revenue each year across the state.
Veteran-owned businesses are a significant portion of U.S. small businesses, with ~304,823 veteran-owned employer firms in 2023, representing about 5.2% of all employers.
We provide services in multiple languages to fulfill our mission of ensuring all New Yorkers, including Spanish speakers, have access to the support they need.
According to the Bureau of Labor Statistics, approximately 20% of new businesses fail within their first year, and about 50% fail within five years.
Our statewide network of 20 regional development centers and over 70 satellite locations is ready to help you take the next step. Find your center & start your SBDC journey.