By Carol Ann Conover
Whether drafting a first business plan, breaking into a new market or handing off a company built over decades, business owners can get help from the Capital Region Small Business Development Center. The service is free, with no time limit and no agenda.
“We have no agenda, we have nothing to push, we have nothing to sell,” said Greg Chanese, assistant director of the Capital Region SBDC. “So, at the end of the day, we’re just here to support you as a small business.”
The SBDC is a national program funded by the U.S. Small Business Administration. It distributes money to every state. In New York, that funding goes through the State University of New York system. The Capital Region center is housed at the University at Albany under the Massry School of Business. There are 20 SBDC centers in New York, and the program has operated for more than 40 years.
Chanese, who has been with the center for six years, said the Capital Region office serves between 1,000 and 1,300 businesses annually. The center currently has four full-time advisers; Chanese also carries an advisory caseload as part of his role as assistant director and said he hopes to bring on a fifth full-time adviser in the near future.
Services are available at every stage of a business’s life. The center’s support reaches well beyond startups. Aspiring entrepreneurs can get help with business plans, financial projections or testing an idea’s merit. Established businesses can work with advisers on expansion, refining operations or pivoting to a new model. When it’s time to step away, the center helps owners prepare for a sale or buyers structure an acquisition.
“There’s really no stage of a small business where we can’t assist,” Chanese said.







