Business Growth Accelerator Program
NYSTEC’s 12-month, immersive business growth accelerator (BGA) program provides certified and growth-oriented minority and women-owned business enterprise (MWBE) firms with intensive technical assistance and business development training to accelerate and sustain their business growth.
The NYSTEC incubator will provide MWBEs the tools, networks, and resources they need through in-person and virtual business development assistance. The training will consist of workshops, one-on-one mentoring, networking, and partnerships to strengthen the operational and development capacity and skills for growth and sustainability.
CURRICULUM
Training topics include, but are not limited to:
Business to Business/Business to Agency
Technology and Financial Acumen
Access to Capital, Insurance, and Bonding
Marketing, Advertising , and Branding
Scaling and Market Growth
Project Management
Human Resources Management
ELIGIBILITY CRITERIA
Requirements include:
Must be a construction service and/or construction consulting firm
Must be a current certified NYS MBE, WBE, or MWBE
Must be in business for at least two (2) years and have at least two (2) employees
Must demonstrate annual revenues between $100,000 and $5 million during the most recent year.
The business can be located in the Capital Region (Albany, Columbia, Greene, Rensselaer, Saratoga, Schenectady, Warren, or Washington Counties). We are also accepting applications from businesses located outside of the Capital Region who would attend remotely.
Must submit an application to the NYSTEC Incubator
Download the Eligibility Checklist for a complete list.
PROGRAM STRUCTURE
The duration of the program is 12 months:
Now – March 31: Application Submission, Review, and Program Acceptance.
February 16: Open House
March 16 – June 29: Incubator Programming
June – December: Business Growth Plan Implementation
