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Listen to this articleThe Babylon Industrial Development Agency will host its third annual “Access to Capital” event next week to assist local small business owners and entrepreneurs in navigating funding opportunities.
Held in partnership with the Town of Babylon and first launched by Councilman Anthony Manetta in 2022, the event takes place from noon to 1:30 p.m. at Root + Branch Brewing at 360 Marconi Blvd. in Copiague.
The “Access to Capital” event will provide information on available funding sources, including new state programs, such as the recently announced New York State Main Street Capital program, designed to bridge the financing gap many entrepreneurs face when starting or expanding their businesses. The program offers qualifying businesses access to affordable term loans of up to $100,000, providing crucial support for early-stage growth.
“The IDA is proud to partner with the Town of Babylon once again to ensure that businesses of all sizes have access to the resources necessary for growth and success,” Babylon IDA CEO Tom Dolan said in the statement. “This event will be a valuable opportunity for local entrepreneurs to learn about funding options, connect with experts, and position themselves for future success. I encourage business owners to take advantage of these insights and opportunities, no matter what stage you are at with your business.”
The event will offer hands-on guidance through interactive discussions and networking sessions to help local business owners identify the funding solutions best suited to their needs, according to the IDA. Attendees will have the opportunity to meet with and hear from financial experts, local leaders, and other entrepreneurs who have successfully navigated the funding landscape. From securing start-up capital to identifying resources for growth, the event is designed to equip business owners with actionable insights and connections.
“The Access to Capital event reflects the Town of Babylon’s ongoing commitment to helping our small business community thrive,” said Manetta, who serves as chairman of Babylon’s Small Business Committee. “With funding often being one of the most significant challenges for businesses, this event will offer essential guidance and practical tools for business owners to secure the capital they need to grow and succeed.”
Local business owners interested in attending are encouraged to RSVP by Tuesday, Dec. 3. For more information and to reserve a spot at the event, visit the IDA website: BabylonIDA.org.
