The Jamaica Business Resource Center (JBRC) was designated in 1994,
through Presidential authorization, to become the national model and
pilot for former President Clinton’s “OneStop Capital Shop” small
business program. This program was developed at the White House Office
of Management and Budget and administered nationally by the United
States Small Business Administration. Following JBRC’s establishment,
sixteen additional “One Stop Capital Shops” were launched in cities all
over the United States, including Philadelphia, Atlanta, Oakland and
Detroit.
Since its inception, JBRC has provided technical and financial
assistance to over 6,750 new and established businesses. During the same
period, the following selective results have been achieved:
JBRC has assisted small business clients in creating or retaining
hundreds of jobs by providing business research and planning; profit and
loss management; legal and accounting; marketing and procurement;
capital access; credit counseling; and other forms of technical
assistance.
JBRC has secured over $300 million in financing and procurement
opportunities for small, minority and women owned businesses resulting
in over 6,750 jobs being created and/or retained.
JBRC has provided high quality, in depth training to over 4,800
entrepreneurs in the fundamentals of business management thus directly
impacting new business launches, strengthening and expanding established
businesses, as well as reducing the number of business failures in low
and moderate income communities.
JBRC has provided direct training to "One Stop Capital Shops" in Harlem
and Detroit and provided orientation to over 100 LDC's, CDC's, EDC's,
Banks and other public/private sector organizations throughout the tri
state area on its OSCS model. This has resulted in the establishment of
satellite centers, mini BIC's, and other business development
organizations. As a result of this assistance, many new and established
businesses have benefited from JBRC's support, and positive economic
benefits have accrued to surrounding communities throughout the tri
state area.
JBRC has also initiated internal Welfare to Work and Minority College
Internship programs over the past decade.
Because of its regional and national impact in the economic development
arena, JBRC has been invited to address global conferences in Geneva,
Switzerland ( the United Nations International Conference Center); South
Africa; Amman, Jordan; Montreal, Canada; and Lusaka, Zambia on the the
topic of sustainable economic development models. In October, 2005 JBRC
addressed a global conference in Thailand on Rebuilding the Pan Asian
Economy following the Tsunami.
|
jbrc@jbrc.org
