NJSBDC at NJCU Partners with African American Chamber of Commerce of NJ

The New Jersey Small Business Development Center (NJSBDC) at New Jersey City University (NJCU) has entered into a partnership with the African American Chamber of Commerce of New Jersey (AACCNJ) to launch the Small Business Bonding Readiness Assistance Program (SBBRAP). This program, comprised of educational workshops, will empower New Jersey’s small, minority- and women-owned businesses to compete for state, county, municipal, agency or government contracts in the public sector.

“In the past 20 years, our Center has assisted more than 1500 women-owned businesses and more than 4000 minority-owned businesses,” said Vid Bahadur, co-director of NJSBDC at NJCU. “The NJSBDC at NJCU is dedicated to promoting growth and productivity for small businesses in the Hudson County.”

“Our Center’s partnership with AACCNJ on this program will provide great value and act as an excellent resource for small businesses in Hudson County and beyond,” added Dr. Michael Edmondson, co-director of NJSBDC at NJCU and dean of Professional Education and Lifelong Learning (PELL).

Interested participants will have the opportunity to attend educational workshops throughout the state to learn more about the program and its resources. At these sessions, potential participants should expect to:

• Learn more about bonding and its importance
• Gain a firm understanding of how to run your business effectively
• Learn the steps to securing bonding
• Review the program application process and the components of a successful application
• Receive assistance applying through the online portal

If a business is accepted into SBBRAP, it will participate in classes taught by subject matter experts focusing on several subject areas to enhance business practices, including but not limited to bonding, insurance, business development, financial presentation, personal credit, and business credit. Tuition grants will cover the cost of the training for those businesses selected to take part in the program. There will be no cost to participating small businesses.

To register, you can visit the online portal here. For questions or concerns, contact AACCNJ’s office at (609) 599-1497.

About the NJSBDC at NJCU— New Jersey Small Business Development Center (NJSBDC) at New Jersey City University (NJCU), as part of America’s SBDC network, aids small businesses and aspiring entrepreneurs in the Hudson County. Funded in part through a partnership with SBA and hosted by NJCU, NJSBDC at NJCU provides a variety of educational and business resources, including periodic workshops and confidential, one-on-one consulting and advisory services, offered at no-cost to assist you with any aspect of small business management.

To learn more about how you can receive expert consultations at NJSBDC at NJCU, call (201) 200-2156 or visit https://www.sbdchudsoncounty.com/ and follow @SBDCHudsonCounty on Instagram and Facebook.