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October 17, 2024 33 mins

In the season three premiere of MWBE Times, host Angelina Ramirez interviews Sonya Smith, State Director for the New York Small Business Development Center (SBDC). This episode explores how entrepreneurs can start, grow, and succeed in small businesses by leveraging vital resources.

Smith discusses the SBDC's role in connecting entrepreneurs with market research, capital access, and innovation support. She highlights partnerships with organizations like Empire State Development, which assist Minority and Women-Owned Business Enterprises (MWBEs) with certification, marketing, bidding opportunities, and revenue stream diversification.

The conversation addresses key challenges in small business growth, focusing on workforce development, business expenses, and capital access. Smith emphasizes the importance of understanding HR aspects, including remote work policies and evaluating contractor versus full-time employee ROI.

Ramirez and Smith stress the significance of certification and guidance for entrepreneurs, particularly those from underrepresented communities. They underscore the SBDC's role in providing unbiased advice and support to help individuals navigate business challenges.

The episode concludes with Smith emphasizing the importance of thorough research, finding a supportive community, and utilizing available resources to enhance business success. Throughout, the discussion highlights the SBDC's commitment to making its services accessible to all communities and supporting MWBE growth and development.


https://www.nysbdc.org

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