Business experts nationwide seem to agree that funding remains to be
one of the biggest hurdles for emerging developers, particularly
minority and women-owned firms. The NYC Economic Development Corp, in partnership with Basis Management
Group, LLC, hopes to tackle that problem with the launch of Emerging
Developer Loan Fund, which includes $10 million of capital
committed by NYCEDC.
The U.S. Small Business Administration recently launched Certify.sba. gov, a new website to further streamline and improve
the application processes for small businesses and entrepreneurs seeking
to do business with the federal government.