Today's Date: March 28, 2024
PMI Foods Gives Easter Donation of 15,000 Pounds of Prime Rib to New Life Church in Arkansas   •   Suffolk Kicks off 2024 “Build With Us @ Suffolk” Program in Boston for Trade Partners, Opening Doors for Minority-,   •   YMCA of the USA Partners With Old Spice To Increase High School Graduation Among Boys And Young Men Of Color Through Mentorship   •   Re:wild and Colossal Biosciences team up to leverage revolutionary technology to save critically endangered species on the brink   •   Torrid Reports Fourth Quarter and Fiscal 2023 Results and Initiates Fiscal 2024 Guidance   •   Equalpride Partners with TransLash Media for Trans Day of Visibility, Amplifying Voices of Black Trans Femmes in the Arts   •   Sypher Secures Strategic Partnership with FAIA to Fuel Growth   •   Empire State Realty Trust Receives WELL Health-Safety Leadership Award; Becomes Among the First Commercial Office and Multifamil   •   Fosun Management on 2023 Annual Results: Focusing on Core Industries with Established Advantages   •   Carnegie Learning Named 2024 SIIA CODiE Award Finalist for Best Educational Game and Best AI Implementation in Ed Tech   •   Taro Pharmaceuticals U.S.A., Inc. Expands OTC Portfolio for Children with the Introduction of bébé Bottoms™   •   Fastenal Releases 2024 Environmental, Social, and Governance (ESG) Report   •   Coachella Concerned That People Have Sex, Says AHF   •   Make-A-Wish and celebrity wish granters announce goal to recruit 1 million people to become "WishMakers"   •   Parkland Corporation Announces the Results of the 2024 Annual General Meeting of Shareholders   •   VIRGIN HOTELS CHAMPIONS INCLUSIVE TRAVEL FOR NEURODIVERSE TRAVELERS   •   Jamieson Wellness Publishes Inaugural Sustainability Impact Report   •   Amerex Group Unveils Red Carter Swimwear's Revitalized Collection   •   Visit Visalia Recognizes Autism Awareness Month in April   •   John Legend to Perform at City Year Los Angeles’ 13th Annual Spring Break Event
Bookmark and Share

Stony Brook University receives small business grant

 


STONY BROOK, N.Y., August 7, 2009

 — The Small Business Development Center at Stony Brook University has successfully competed in a New York State Energy Research and Development Authority (NYSERDA) Program Opportunity and was awarded $247,000 for its proposal entitled the “Stony Brook Energy Company Initiative”. The goal of the initiative is to facilitate the entry of new and existing companies into the renewable and clean energy business in New York State.

The core of the Energy Company Initiative will be the traditional services offered by the New York State Small Business Development Center system.The New York State Small Business Development Center (NYSSBDC) at Stony Brook operates under the auspices of the United States Small Business Administration, the State of New York and the College of Engineering and Applied Sciences at Stony Brook University. It brings together the resources of the University, the private sector and government at all levels to assist entrepreneurs, business and industry in the solution of their problems, leading to increased productivity and profitability. In addition, these basic services will be significantly augmented with a portfolio of activities including conferences, workshops, and counseling on funding opportunities specifically focused on renewable and clean energy business development. Further, an internet – based Early Stage Development Forum will be established to allow and encourage communication among energy company principals, and science, engineering and business experts during the company development process.

The Stony Brook Energy Company Initiative will consist of two cycles approximately 22 months in length. The first cycle process will start with a Clean and Renewable Energy Company Workshop and Call for Papers (Energy Company Workshop) which is tentatively scheduled for mid-October 2009. The Energy Company Workshop, as well as subsequent workshops focused on energy, will be open to all New York State entrepreneurs interested in renewable and clean energy business development. At the initial workshop entrepreneurs will learn more about the fields of renewable and clean energy, will be shown how to connect with resources for support, and be counseled on the preparation of a white paper which will be due within 10 days following the Energy Company Workshop. The white papers will be reviewed by a committee consisting of Stony Brook University faculty and staff involved in the university’s economic development programs. The committee will identify a subset of those new and existing companies which will likely benefit most from joining the Energy Company Initiative. 

Individual Energy Business Development Teams (EBDTs) will be formed for each of the companies in the subset identified by the committee, consisting of the company principals, an SBDC counselor, a marketing and sales advisor and a technical advisor. Over the course of the following 12 months the designated EBDTs will be invited to participate in a series of additional workshops to help develop their respective companies and understand the nature of the business environment they are entering, will develop a full business plan, and will develop polished presentations to help them raise funds for their company.

The business plans and presentations of the mature EBDTs will be used in a Financial Conference at the end of the cycle which will be attended by potential lenders and investors. Business plans and presentations will further be designed to meet the criteria for consideration by additional investor groups such as the Long Island Angel Network and, after the first cycle is over, be useful in applying for the $200,000 NYSERDA grants described in PON 1260.

For additional information, please contact the NYS Small Business Development Center, Attn: Willa Smith, at (631) 632-9070. 

 



Back to top
| Back to home page
Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News