Albany Small Business Development Center

6 Executive Park Drive, Entrance B Albany, NY 12203  

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Since our start in 1984, the expert advisors of the Albany SBDC have worked directly with 24,540 businesses, helping them to invest $429,894,461 in the area's economy, and create or save 12,581 jobs.

SEED Program - Small Enterprise Economic Development 

SEED is a new Loan Program for future Entrepreneurs and Small Business Owners that bases the lending decision on the character of the applicant and feasibility of the business model. 

 

Program Components: 
-Assistance in Accessing Capital to Start or Expand a Small Business 
-Business Model Development (SBDC along with interns from UAlbany School of Business and School of Social Welfare) 
-Entrepreneurial Training Classes 
-One on One business Counseling Assistance 
-Peer Mentoring Support 

Application Process: 
-Completed Application Packet 
-Copy of Credit Report 
-3 Letters of Reference (2 professional, 1 personal) 
-Interview with SEED program Coordinator