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2015 Business Assistance Forum Event Recap

On March 25th, the Flatiron/23rd Street Partnership Business Improvement District (BID) and Baruch College hosted a free business assistance forum, “Stay A Step Ahead / What You Need To Grow.” The event's keynote address was given by New York City Small Business Services Commissioner Maria Torres-Springer, who praised today's forum for providing support that's vital to the city's business owners.

"These are the types of events that not only highlight areas of small business but also provide valuable actionable advice to help you strengthen your business," said Commissioner Maria Torres-Springer. "We need to ensure as we support business growth we are also unlocking potential of all New Yorkers and in particular those who are in vulnerable communities."

The event began with an informal networking breakfast, where guests mingled and had the opportunity to collect information from resource tables - Office of Citywide Health Insurance Access, NYC Department of Consumer Affairs, NYC Business Solutions, NYC Business Acceleration, US Small Business Administration and Baruch College's Division of Conintuning and Professional Studies Program.

“The BID’s Business Assistance Forums are terrific platforms for local small business owners to network and learn about the latest tools and tactics that will help them achieve their goals,” said Jennifer Brown, Executive Director of the Flatiron/23rd Street Partnership BID. “We are grateful to Commissioner Maria Torres-Springer, Baruch College, General Assembly and NYC Business Solutions for providing their support and expertise.”

Immediately following the Commissioner’s remarks, attendees chose one of four workshops in which to participate: Business Growth Leadership: We Know What. Now How?; 10 Internet User Statistics Every Small Business Should Know About; Alternative Funding Options: Crowdfunding and Peer-to-Peer Lending Platforms; and Public Speaking and the 3 C's: Confidence, Creativity, & Comedy.

In their workshop, Allison Goldberg and Jen Jamula, co-creative directors of Lively Productions, co-creators and producers of, talked about "Public Speaking and the Three C's: Confidence, Creativity & Comedy, and said "we find it so fascinating that you'll warm up before some kind of sport but people don’t think that they need to warm up for their everyday lives."

In his workshop, Ricardo Devallon, Senior Finance Account Manager of NYC Business Solutions, Lower Manhattan Center, addressed the "5 Cs" of Collateral, Cash Flow, Capital Injection, Management Capacity, and Credit Character. He also talked about five types of crowdfunding mechanisms, explaining that: "Crowdfunding is a new and emerging way of funding ideas or projects by receiving funds form individuals through an online campaign that utilizes social networks."




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