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      May 2009 - E-CONNECTIONS Newsletter

 

 

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Welcome

Welcome to the May 2009 issue of E-CONNECTIONS, our bi-monthly electronic newsletter. It is hard to believe that Spring is finally here and our Spring Leadership dinner is only a week away.

Our E-CONNECTIONS newsletter has been a great success because it's all about our members.

In this month's issue, we have a few changes. First is with all of today's challenges, we decided to include 2 articles that we hope you find helpful in our Experts Corner.

Second, it is the addition of two Member Spotlights, D.P. Wolff Inc. & Mercy College. We would like to thank them for their support and making the E-CONNECTIONS enewsletter possible. We hope you visit the Member Spotlight and support our sponsors.

We want to hear from you the type of information that you want to see in future E-CONNECTIONS issues.

To share your ideas or for more information about the E-CONNECTIONS newsletter, please contact Dorothy Forcina via e-mail, dforcina@westchester.org. or by phone (914) 948-5689.

White Plains Hospital Center is presenting Wellness through Prevention Month, a community-wide celebration of good health which will include educational seminars, health screenings and other activities promoting health and wellness throughout May. Nearly all events- featuring presentations by Hospital medical experts and prominent guest speakers- are free of charge. For details, visit www.wphospital.org

Phelps award













PHELPS STROKE CENTER RECEIVES ACHIEVEMENT AWARD FROM AMERICAN STROKE ASSOCIATION
The Stroke Team at Phelps Memorial Hospital was recently presented with an award for excellence in stroke care by the American Stroke Association. Pictured here (left to right) are Stroke Team members: Candace Huggins, RN, Emergency Department Nurse Educator, Cheryl Burke, Clinical Nurse Specialist, Medical/Surgi cal units; Carolyn Young, Clinical Nurse Specialist, Inpatient Rehabilitation Unit; Sandra Rocha-Bologna, Quality Assurance Coordinator, Meghan Walsh, RN, Critical Care Nurse Educator; Sanda Carniciu, MD, Stroke Center Director; and Lawrence Faltz, MD, Medical Director. For more information on the Stroke Center at Phelps, call 914- 366-3397.
Read More...

President Dario A. Cortes, PhD, is pleased to announce that Ross Miller, EdD, has joined Berkeley College as Senior Director of Assessment. Dr. Miller comes to the College following nine years at the Association of American Colleges and Universities (AAC&U) where he was Senior Director of Assessment for Learning in the Office of Education and Quality Initiatives.
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Berlin Productions is the recipient of two 2009 Telly Awards, the company announced today. This brings BP's total Telly statuette count to six.

One 2009 Telly was awarded for a video BP produced to promote the environmental nonprofit organization, The Chuckie Goodnight Foundation for the Environment, and the other Telly, for an animated television commercial promoting the use of sanitizing hand wipes for children. Read More...

BNCVoice, a provider of VoIP telecommunication solutions for small and mid-sized businesses, is pleased to announce the launch of its newest offering BNCVoice vPath. For businesses with traditional phone systems, this technology further reduces carrier costs without investing in a new phone system by simply replacing traditional phone company trunks with VoIP trunks.
Read More...

Cabrini of Westchester honored three individuals who have been instrumental to the success of the Saint Cabrini Nursing Home's three- year Major Modernization Project at the annual Sharing in Mission Award Dinner that took place on Wednesday, April 29 at Abigail Kirsch at Tappan Hill Estates in Tarrytown. Cabrini of Westchester Support Services Director, Ron Labriola, of the Bronx; Lloyd J. Landow, Senior Partner of Landow and Landow Architects LLP of Dix Hills; and Charles Winter, President of Andron Construction Corporation of Goldens Bridge; are recipients of the 2009 awards. Honorees are chosen for the way they carry out the Mission Statement of Cabrini of Westchester which calls on individuals to be leaders, educators, advocates and sponsors of quality services to those in need of care and compassion. Dinner proceeds will support the Major Modernization Project. Reservation information is available at (914) 693-6800 x 502. Read More...

"On the Horizon," a display of recent paintings by noted American painter Tjasa Owen, will be on exhibit at Canfin Gallery, formerly Gallery du Soleil, from April 25 through May 17, 2009. "We are delighted to bring to Westchester the vivid landscapes of this well-known American artist," says gallery owner Jean-Claude Canfin. Read More...

For the sixth year in a row National Real Estate Investor, the leading magazine for professional real estate investors, has ranked CB Richard Ellis No. 1 out of the 25 largest U.S.-based commercial real estate brokerage firms. The ranking, featured in the publication's April 2009 issue, is based on the aggregate value of sales and leasing transactions completed globally during 2008. Read More... <br

The stakes are higher than ever when The Next Food Network Star returns this summer with a star-studded fifth season on Food Network. As television's most challenging food fight, the series provides 10 hopeful TV chefs the chance to compete for the ultimate dream job: his or her own Food Network show. Iron Chef Bobby Flay leads the selection committee that ultimately decides the winner's fate and launches one lucky man or woman into a food and television celebrity. The series kicks off on Sunday, June 7th at 9pm ET/PT as the finalists cater Food Network's "Sweet 16" party with network talent and media there to judge. Read More...

Stark Business Solutions (SBS), which offers premium turn-key, flexible office solutions for entrepreneurs and professionals, has entered into a strategic alliance with Rockefeller Group Business Centers (RGBC), which offers professionally-staffed, elegant and technologically-advanced business center facilities in New York City and San Jose, California. The agreement will enable SBS clients and RGBC clients special access to each other's New York business centers. Read More...

The American Cancer Society, ENT and Allergy Associates, LLP (ENTA) and Mt. Sinai Medical Center today honored a team of local high school students for their anti-smoking efforts that took shape in the form of a video. The presentation took place at the Westchester County Association's annual legislative breakfast. Read More...

Peter L. Lohrey, Ph.D., a recognized consultant in the litigation support and valuation area, joins regional accounting firm ERE as director of Litigation and Valuation Services. He has over 25 years of experience with valuation, mergers and acquisitions, loan workouts, and expert witness matters pertaining to litigation. He brings to the firm a strong skill set developed over a career spanning the public and private sectors, and academia. Read More...

Three leading nonprofit agencies, The Food Bank for Westchester, Grace Church Community Center and Literacy Volunteers of Westchester have formed a first-of-its-kind partnership with local restaurants in a promotion called Entrée to Hope. The program is designed to raise money to provide FOOD, SHELTER & EDUCATION for Westchester's neediest residents. Read More...

It is with great pleasure that Leake and Watts welcomes Alan Mucatel as the new Executive Director of Leake and Watts Services, Inc. Alan joined the organization in February and has already brought new ideas and energy to Leake and Watts as he quickly settles into the organization and the Westchester community. Read More...

With station construction on schedule, MTA Metro- North Railroad today announced that train service to the new Yankees - E.153rd Street Station will begin on Saturday May 23, 2009, with regular daily service 365 days a year and special game day schedules too. Train service begins exactly 24 months after the design-build contract was signed. Read More...

March was National Colorectal Cancer Awareness Month. During March and throughout the year, Northern Westchester Hospital (NWH) in Mount Kisco emphasizes the importance of colon cancer screening and educates the community about its minimally invasive techniques to treat those diagnosed with the disease. Read More...

Nancy A. Shenker, CEO of marketing firm, theONswitch spoke to an audience of approximately 300 camp owners and staff on five different topics at this year's prestigious American Camp Association conference in Atlantic City, March 17-20.

Shenker, who is a consultant to many camp owners and businesses in the industry, also recently produced a pre-conference webinar for exhibitors with 50+ participants and writes often on camp-related topics as well. Read More...

SAVE THE DATE INFORMATION:

Save the Date! On June 12, 2009 the Hudson River Museum's spring fundraising gala will inaugurate the major quadricentennial exhibition, Dutch New York: The Roots of Hudson Valley Culture. Sponsorship, journal ad space, tables and tickets are available. Call Nicole Brostoff at 914-963-4550, x213 for more information, or visit www.hrm.org.

Historic Hudson Valley's Animals & Acrobats takes place Memorial Day Weekend at Van Cortlandt Manor. New this year will be a life-size mastodon skeleton replica, part of a re-creation of an early American traveling circus featuring tumbling acrobats, tightrope walkers, jugglers, magicians, fortune-tellers, mimes, storytellers, horse-drawn wagon rides, music, and more. Information: www.hudsonvalley .org



Andrus Children's Center invites you to the fifth annual GOLF FORE KIDS outing, this year at Wykagyl C.C.on Monday, June 22. Fantastic golf, superb hospitality, and the chance to help serve 2000 children and families throughout Westchester County. Call Kevin Cook at Andrus 914-965-3700 x. 1241 for info.

American Red Cross in Westchester County launches series of aquatic classes in time for summer and pool safety. Classes are offered through out the county. Visit ww w.westchestercounty.redcross.org for details.

The Hudson River Museum (Yonkers) welcomes new Corporate Members Cablevision and Swiss Re. Among other benefits, Corporate Membership extends free visitation perks to your company's employees-a great way to add value to your benefits package at a reasonable cost. For information contact Kimberly Woodward: 914.963.4550, ext. 216 or kwoodward@hrm.org.

Taube














Combating the Recession with Technology
By Mitch Taube, CEO/President Digiscribe International

According to the McKinsey Quarterly Report, a critical business goal during a downturn is getting more bang for the buck from employees by:

-Automating manual procedures
-Improving business processes to reduce paperwork
-Increasing efficiency
-Enhancing customer service
-Expanding your company's operating scale

McKinsey goes on to say that IT is essential to all of these efforts.

Targeted investments in technology can generate efficiencies and revenue growth that surpass the savings from straight cost reductions. In some instances, IT investments deliver more value to a company's top and bottom lines-by creating new efficiencies and increasing revenues.

Automating your most manually intensive processes can deliver a disproportionate amount of value in a short period of time.

The strongest areas of opportunity usually exist where a business process is reliant on paper. Departments such as accounts payable and human resources face paper log-jams that result in reduced efficiency, increased costs, frustrated employees and unhappy customers.

A paperless document management solution that includes document scanning is just one example of how technology eliminates outdated processes, manual steps, redundancies, and bottlenecks while improving employee productivity and reducing costs.

In this economic environment, take the opportunity to look at your end-to-end business processes with an eye to using technology to improve operating processes, reduce costs, improve your customers' experience and reduce revenue leakage.

Digiscribe provides companies of all sizes with cost- effective and quickly implemented document scanning and paperless office solutions that do not require capital investment. Mitch Taube, the principal founder of Digiscribe, is a Certified Document Imaging Architect. For more information visit www.digiscribe.info.or contact Mitch at mitch@digiscribe.info.

Marjorie












Marjorie Lang, M&T Bank Business Banking Manager


The U.S. Small Business Administration recently announced several program changes designed to increase the amount of money available for small business. Local business owners should be aware of the changes, because they could help provide funding for new or existing businesses.

One change temporarily raises loan guarantees to up to 90 percent on the SBA's 7(a) loan program, through the calendar year, or until funds provided through the American Recovery and Reinvestment Act (commonly known as the stimulus bill) are exhausted. This change could make it easier for banks to approve some borderline loans, because they have the backing of the increased SBA guaranty.

Another change temporarily eliminates fees for borrowers on SBA 7(a) loans and for both borrowers and lenders on 504 Certified Development Company loans. This makes more capital available to small businesses at a lower cost. The fee elimination is retroactive to February 17, which is the day the American Recovery and Reinvestment Act was signed.

If you took a loan and paid a fee after February 17, the SBA is developing a process for refunding that fee. The SBA is currently working on the refund process, but many banks have already begun receiving those refunds.

Both moves are significant, but the fee waiver, in particular, will put money directly into the pocket of business owners. The loan fee is based on the size and terms of the loan, but its can add up to a sizeable amount for a small business. For example, under the standard SBA fee structure, a business taking a $500,000 loan with a 90 percent guarantee would pay a fee of $13,500. This money gets deducted from the loan proceeds. So the business only leaves the bank with $486,500. Under this fee waiver, the business leaves the bank with the entire $500,000. This will put more money into the economy, because business owners will have that extra capital to invest directly into their businesses.

Recessions can sometimes present opportunities, so we try to encourage business owners to stay in touch with local banks and the SBA, because it doesn't cost them anything to have a conversation.

The extent to which these program enhancements are going to simulate the economy will be dependent: one is the loan demand being there; and second is that the demand comes from qualified and viable borrowers.

What we'd like to see the federal government focus on next is providing some assistance to existing small businesses that might be having a hard time during the recession. Most of these program changes are for new loans, or loans taken since February 17. The SBA has done a lot of work to help this segment of the market. We would be interested to see if there is a way for the SBA to help established small businesses, that might have a two or three-year-old loan, and just need a little help getting through the recession.

 

 

 

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