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March 24, 2005: Center for Entrepreneurs Opens at SUNY Oswego

Submitted by Nancy Bellow, Director, SUNY Oswego Center for Business and Community Development

Local small businesses and entrepreneurs have a new resource to provide them assistance following the grand opening of the Center for Entrepreneurs at the State University of New York at Oswego. The new center, in conjunction with the School of Business and the Center for Business and Community Development, will focus on entrepreneurship education and hands on learning for students and members of the business community to help create and maintain jobs in the region.

The completion of the project was made possible through the support of a $125,000 state grant secured by Senator Jim Wright (R,C,I-Watertown).

“SUNY Oswego is very pleased that Senator Wright thought of us for the Center for Entrepreneurs. Our vision for the Center for Entrepreneurs is to foster the development of an entrepreneurial community through education, research, technical assistance, and training that is focused on promoting the entrepreneurial values of achievement, innovation, calculated risk-taking, and the proactive pursuit of opportunity,” said SUNY Oswego President Deborah F. Stanley.

“A large number of jobs throughout the region are created by entrepreneurs and small business owners who take a risk by establishing new enterprises. The opening of the doors at the new center will literally open a new avenue for these businesses to receive sound business services and advice," said Senator Wright. "The expansion of the college's already established business assistance program offers an environment to encourage economic growth throughout the region. The establishment of the new Center builds upon this past success and will benefit the people and businesses of Oswego County."

The new Center has state of the art technological capabilities including video conference capabilities, webinars, teleconferences, multimedia presentations and a computer lab. The grant provided by Senator Wright was partially utilized to secure the necessary equipment.

New computers and resource materials have been obtained for the one-stop business service center. Businesses will be able to use the Center to develop plans and complete Internet based market research. A resource library provides access to workforce development and economic development services. Those utilizing the center will be able to access a network of qualified service providers and research solutions to assist with financial and management issues and regulatory compliance.

Students participating in entrepreneur related classes will have a curriculum focused on the practical matters of general business initiatives such as preplanning, credit assessment and remediation, personal financial assessment and an overview of business planning including market research; promotions; financial, legal and insurance considerations.

Businesses and entrepreneurs who would like to contact the new Center can call the Center for Business and Community Development at 312-3492 or can visit the website at www.oswego.edu/cbcd/.

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