Community Capital New York on Board as Newest Partner
Joining a long, illustrious list of partners of the BLUEPRINT Accelerator Network is Community Capital New York, a not-for-profit lender to those community businesses that are unable to secure the financing they need for start up or growth from conventional sources, it was announced today.
Community Capital New York is the SBA Certified Micro Lender for the lower Hudson Valley, and in that capacity, makes loans of up to $50,000 for startup businesses, and up to $250,000 for qualifying established businesses, using more flexible underwriting criteria than many bank lenders are able to offer.
"It is clear that providing emerging entrepreneurs with capital is only one part of the solution,” said Kim Jacobs, executive director of Community Capital. “Having access to the high quality expert advice provided by the Accelerator Network ensures that the loans we make are being used to take the business to the next level and to create a more profitable model for the business owner.”
The BLUEPRINT Accelerator Network is a revolutionary initiative, organized by the BLUEPRINT for Westchester, to spur entrepreneurial growth and create the business giants of tomorrow. The Accelerator combines Westchester’s prime business resources -- seed financing, top professional services, office space, and mentors – into one package to pave a pathway to success for early-stage companies with great potential to grow. Since its inception, it has attracted national interest and created a firestorm of press coverage.
To date, its partners include: BioMed Realty, Bleakley Platt & Schmidt, LLP, Celestial Capital, Citrin Cooperman, Community Mutual Savings Bank, Compufit, Cuddy & Feder, LLP, George Comfort and Sons, Greater Hudson Bank, Harrison Edwards PR, Inc., Heritage Realty, Heyman Properties, Key Bank, Mack-Cali, Mahopac National Bank, M & T Bank, Normandy Real Estate Partners, O’Connor Davies LLP, Provident Bank, Reckson, a Division of SL Green Realty Corp., RPW Group, and The Westchester Bank.