Our specialty programs cover essential topics and industry areas, targeting some of New York’s states most pressing small business needs.
New York is home to over 30,000 family farms spanning 7 million acres, producing more than $5.75 billion in agricultural revenue annually.
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.
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.
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.
10% of New York’s working-age population has a disability. An estimated 62.5% are not participating in the traditional workforce, fueling interest in entrepreneurship as an alternative path.
As of 2023, NYS has 9,749 certified MWBEs and is aiming for a target where at least 30% of all state contracts are awarded to MWBEs. In 2022-23 $2.8 billion was awarded to MWBE-certified vendors.
Latino entrepreneurs now make up about 25% of new U.S. business owners, with 52% of Latino-owned businesses founded by first-generation immigrants.
Veteran-owned businesses make up a significant portion of the U.S. small business landscape, with approximately 304,823 veteran-owned employer firms in 2023, representing about 5.2% of all employer businesses in the country.
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.