MWBE Business Growth Accelerator Program

MWBE Business Growth Accelerator Program

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Objective

Objective

The Division of Minority and Women’s Business Development has developed the Business Growth Accelerator (BGA) Program to focus on providing intensive technical assistance and business development training for NYS MWBEs to accelerate their business growth over a two-year period.

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Overview

Overview

Empire State Development's Division of Minority and Women’s Business Development (DMWBD) strives to promote equality of economic opportunities for Minority and Women-owned Businesses (MWBEs) and to eliminate barriers to their participation in state contracts. The Business Growth Accelerator is a cohort program providing actionable technical assistance and targeted business development training to NYS certified MWBE businesses that  are committed to participating over a two-year (18- month curriculum, two-year reporting) program cycle.

The Division has established three Regional Centers to develop the BGA Program.

BGA Program Structure

  • Each Regional Center has created an 18-month program with trainings and one-on-one curriculum for their program participants
  • Each program will select 20-25 businesses to participate throughout the program cycle
  • Training topics include but are not limited to: marketing, finance, accounting, contracting and sales
  • Centers will also provide intensive one-on-one counseling and support to each participating MWBE to develop a customized strategy designed to strategically increase growth in the selected firms
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Eligibility

Eligibility

BGA eligibility criteria:

  • Be a currently certified NYS MWBE
  • Must be in business for at least two years
  • Must have at least two employees
  • Demonstrate annual revenues between $100,000 and $3 million
  • Business must be located in a BGA Regional Center area
  • An application submitted to one of the BGA Regional Centers

How to Apply

To apply to participate in the BGA program a NYS BGA application must be submitted to ONLY ONE program location at one of the BGA Regional Centers listed below:

BGA Regional Centers

Central NY Region 
Syracuse University South Side Innovation Center (SSIC) 
2610 South Salina Street, Syracuse, NY 13205
Telephone: (315) 443-8466
Email: eawillia@syr.edu

Mid-Hudson Region 
Women's Enterprise Development Center (WEDC) 
901 N. Broadway, Suite 23
White Plains, NY 10603
Telephone: (914) 948-6098
Email: sherzog@wedcbiz.org

New York City Region 
Business Outreach Center (BOC) Network 
48 Wall Street, 5th Floor #10
New York, NY 10005
Telephone (718) 624-9115 Ext. 1039
Email: spetterson@bocnet.org

Additional Resources

  1. MWBE Business Growth Accelerator Program Fact Sheet
  2. MWBE Business Growth Accelerator Program Application

Contact Information
To apply or for additional information, please contact the MWBE Hotline: (212) 803-2414 or email MWBEBusinessDev@esd.ny.gov.