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What is it?????    Public Private Partnership    Micro Loan Fund    Character Based
Market Place Need   Entitlement    • Funding only available for those with                    Cash, Collateral and Credit ...
Key SEED Program Elements  Application     Assessment     Capacity and Screening    of Character   Building  Business Plan...
Application and Screening   Program Application   Entrepreneurial Assessment   Character References   Credit Report   Stan...
Assessment of Character    Classes        Homework       Engagement                                    Program   Attendanc...
Capacity Building          Peer      Training         Support          Interns   Advisors
Partner Involvement  Application                Capacity      and                  Funding   Infrastructure               ...
Pilot Results  Applications Received • 200 Applicants  Applicants Accepted • 40 Accepted Participants  Trained Participant...
Program Benefits                              Client                              Impacts                  Community      ...
UEDA Summit 2012: Awards of Excellence - Small Enterprise Economic Development (NYS Small Business Development Center)
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UEDA Summit 2012: Awards of Excellence - Small Enterprise Economic Development (NYS Small Business Development Center)

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UEDA Summit 2012: Awards of Excellence - Small Enterprise Economic Development (NYS Small Business Development Center)

  1. 1. What is it????? Public Private Partnership Micro Loan Fund Character Based
  2. 2. Market Place Need Entitlement • Funding only available for those with Cash, Collateral and Credit Paradox • Feasible Business Idea Denied • Lack of Resources Entrepreneurs • Lack of Capacity Young • Unproven Track Record • Over Leveraged to Establish Business Businesses
  3. 3. Key SEED Program Elements Application Assessment Capacity and Screening of Character Building Business Plan Partner Funding Development Involvement Process
  4. 4. Application and Screening Program Application Entrepreneurial Assessment Character References Credit Report Standardized Interview Applicant Summary
  5. 5. Assessment of Character Classes Homework Engagement Program Attendance Timeliness Coordinator Engagement Interns Completeness Business Participation Advisors
  6. 6. Capacity Building Peer Training Support Interns Advisors
  7. 7. Partner Involvement Application Capacity and Funding Infrastructure Building Screening
  8. 8. Pilot Results Applications Received • 200 Applicants Applicants Accepted • 40 Accepted Participants Trained Participants • 37Completed Training Loan Applications • 29, 1 pending Loan Presentations Loans Awarded • 25Loans Awarded ($865K) Jobs Created/Saved • 96Created/Saved In Session • 7 Participants
  9. 9. Program Benefits Client Impacts Community Impacts Economic Impacts

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