Tuesday, October 25, 2011

Supervisor Mark Lesko and Congressman Tim Bishop Announce the Business Retention Task Force



Supervisor Mark Lesko and Congressman Tim Bishop Announce Business Retention Task Force.  Here is the press release:
 
Farmingville, NY – On Thursday, October 20, 2011, in front of about 50 large businesses that employ thousands of Long Islanders, Supervisor Mark Lesko and Congressman Tim Bishop announced the Business Retention Task Force to keep businesses on Long Island. In the wake of Arrow Electronics’ decision to move its headquarters after being wooed by Colorado officials, Supervisor Lesko and Congressman Bishop will be spearheading this effort to reach out to every major employer in the Town over the next month. The Business Retention Task Force will create an ongoing dialogue so local officials know about the needs of Brookhaven businesses. 

The Business Retention Task Force will be asking the companies if they are considering leaving Brookhaven, why they are considering leaving, and what can be done to keep them here. 

“It is a crime that other states are stealing Long Island businesses. In many cases, government finds out about the poaching of these companies in the press when it’s too late to entice them to stay. We need to retain our existing businesses and the Business Retention Task Force will find out if any major employers are being wooed by other states. This will give us a chance to competitive and determine what it will take to keep businesses and their jobs on Long Island,” said Supervisor Mark Lesko.

“We know that every day Brookhaven businesses are getting phone calls from states trying to poach our jobs,” Congressman Tim Bishop said. “We need to make sure they’re also getting calls from people trying to keep them here. I am excited to work with Supervisor Lesko and the Brookhaven business community on this important outreach effort and I will do everything I can to help retain and create Long Island jobs.”

“We need to focus on retaining existing jobs and businesses on Long Island. The Business Retention Task Force will be a useful tool in finding out what we need to do in government to make sure businesses don’t leave and take their jobs with them,” said Councilman Tim Mazzei, liaison to Economic Development. 

“Everyone on Long Island needs to start thinking about what it will take to keep large employers here. The stories of OSI Pharmaceuticals, Arrow Electronics, and Bed Bath and Beyond catching our economic development officials off-guard have taught us a lesson. Congressman Bishop and Supervisor Lesko’s Business Retention Task Force will be an important tool to be more attentive to the needs and future intentions of our businesses,” said Kevin Law, President and CEO of the Long Island Association. 

“I applaud Supervisor Mark Lesko and Congressman Tim Bishop for being proactive in reaching out to major businesses in Brookhaven. I look forward to working on the Business Retention Task Force to make sure our businesses stay on Long Island,” said Bruce Newman, President of the Brookhaven Business Advisory Council.

“The economic recession has taken a toll on many businesses. We can’t afford to lose any more jobs on Long Island and I look forward to working on the Business Retention Task Force to meet the needs of Brookhaven businesses,” said Gloria Glowacki, Associate Director of the Small Business Development Center at Stony Brook University. 

“The Brookhaven Industrial Development Agency offers benefits to eligible companies in the Town and our efforts have resulted in the retention and creation of thousands of jobs. However, if we don’t know if a company is being wooed by another state, we can’t help them. Congressman Bishop and Supervisor Lesko’s Business Retention Task Force will certainly be helpful in conducing business outreach and educating them on the benefits we can provide,” said Fred Braun, Chairman of the Brookhaven Industrial Agency. 

The Business Retention Task Force members include:
  • Supervisor Mark Lesko
  • Congressman Tim Bishop
  • Lou Avignone, CEO, and Michael Petrucelli, Controller, Uncle Wally's
  • Fred Braun, Chairman of the Brookhaven IDA
  • Barbara Ransome, President of the Brookhaven Chamber of Commerce
  • Bruce Newman, President of the Brookhaven Business Advisory Council and Pipeline LLC
  • Jack O'Connor, Principal, Newmark Knight Frank
  • Gloria Glowacki, Associate Director of the Small Business Development Center (SBDC) at Stony Brook University
  • Ernest Fazio, Chairman of Long Island Metro Business Action (LIMBA)
The announcement was made at the Brookhaven Business Advisory Council’s breakfast for large businesses sponsored by Suffolk Federal Credit Union, which included panelists from the U.S. Small Business Administration, the New York State Department of Labor, Brookhaven Department of Economic Development, the Brookhaven Industrial Development Agency, the SBDC at Stony Brook, and the Corporate Training Center Suffolk County Community College. To learn more about the Brookhaven Business Development Council and Brookhaven’s economic development programs, visit www.brookhaven.org.

Sunday, October 2, 2011

SBA NY Disaster Assistance Loans Available!

SBA Urges Return of Loan Applications Before Oct. 31
More Than $10 Million SBA Disaster Loans Approved in New York

ATLANTA – The U.S. Small Business Administration is urging survivors in New York affected by Hurricane Irene to quickly return completed SBA low-interest disaster loan applications in order to be considered for all forms of assistance.  The deadline to file for physical damage is Oct. 31.

The SBA has approved more than $10 million in Disaster Assistance Loans for residents and business owners in New York. “Currently, 208 home and business disaster loans have been approved in the amount of $10,314,900 for affected survivors,” said Frank Skaggs, director of SBA’s Field Operations Center East in Atlanta.  “We are pleased to be able to get these loans approved so residents and businesses in the disaster area can start to rebuild and resume their normal lives.”

“There is a tendency for survivors to discard SBA disaster loan applications because they may not want a loan.  However, they risk missing out on all the disaster assistance they may be eligible for by not returning completed applications to SBA,” said Bernard Paprocki, director, SBA Syracuse District Office. 

Disaster loans up to $200,000 are available to homeowners to repair or replace disaster damaged or destroyed real estate.  Homeowners and renters are eligible up to $40,000 to repair or replace disaster damaged or destroyed personal property.

Businesses and private non-profit organizations of any size may borrow up to $2 million to repair or replace disaster damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.  The SBA may increase a loan up to 20 percent of the total amount of disaster damage to real estate and/or leasehold improvements, as verified by SBA, to make improvements that lessen the risk of property damage by future disasters of the same kind.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes, the SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster.  Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage.

Interest rates are as low as 2.5 percent for homeowners and renters, 3 percent for non-profit organizations and 4 percent for businesses with terms up to 30 years.  Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.

Those affected by the disaster should register with Federal Emergency Management (FEMA) at 1-800-621-FEMA (3362) or 800-462-7585 (TTY) for the deaf and hard-of-hearing or register online at www.disasterassistance.gov.  Homeowners and renters who cannot afford a SBA loan may be referred to FEMA for possible grant funds. 

More information about the disaster loans can be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) Monday through Friday from 8 a.m. to 8 p.m., and Saturday and Sunday from 9 a.m. to 5:30 p.m. ET or by sending an email to disastercustomerservice@sba.gov.  Loan applications can be downloaded from www.sba.gov. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.  

Those affected by the disaster may also apply for disaster loans electronically from SBA’s website at https://disasterloan.sba.gov/ela/.  

The deadline to return SBA applications for physical property damage is October 31, 2011.   The deadline to return applications for economic injury is May 31, 2012.
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For more information about the SBA’s Disaster Loan Program, visit our website at www.sba.gov.