The NYC Department of Small Business Services (SBS) helps unlock economic potential and create economic security for all New Yorkers by connecting New Yorkers to good jobs, creating stronger businesses, and building thriving neighborhoods across the five boroughs.
How We Partner with SBS
Since 2012, Next Street has partnered with SBS to design and manage several small business development programs. We are the operator of two NYC Business Solutions Centers, one in Lower Manhattan and another in Queens. Each Center serves as a one-stop resource center for entrepreneurs and small business owners at various stages, from newly launched to established businesses. Our work with SBS has grown to include Next Street involvement in WE NYC, an initiative dedicated to helping women start and grow their businesses, and Love Your Local, a program that helps local businesses continue providing the jobs, goods, and services that make our neighborhoods vibrant.
Our Impact
NYC Business Solution Centers
In the recent fiscal year of June 2018 to June 2019, through our work at the NYC Business Solution Centers we have:
- Connected entrepreneurs and small business owners to 229 financing awards totaling $13.8 million.
- Provided our business education courses to 3,630 participants at our two locations.
- Submitted 50 M/WBE certification applications to help those clients become more competitive when pursuing contracts with the City of New York.
- Helped nearly 150 clients avoid fines and/or cut through government red tape and access the permits and licenses they need to start and operate their business.
WE Master Leadership
Next Street designed and manages the WE Master Leadership program, a 3-day workshop offering tools and tips to help women entrepreneurs master negotiation skills, craft a formal business pitch to win new business, and hone collaborative leadership skills. More than 900 women have completed these workshops in the past 3 years.
Love Your Local
NYC Love Your Local was created by the New York City Department of Small Business Services as a grant program to help longstanding, non-franchise, small businesses thrive in New York City, where rents and real estate costs are always increasing. Next Street was selected by SBS to complete business assessments of 30 small businesses in Lower Manhattan and Queens; of those 30 small businesses, 20 were selected by SBS to receive continued in-depth advising by Next Street and $90,000 in grant funding.
