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									For Immediate Release                         Contact:
December 10, 2003                             Ron Deutsch, SENSES
                                              (518) 463-5576
                                              (518) 469-6769 (cell)
        SENATOR HILLARY RODHAM CLINTON AND MICROBIZNY LAUNCH
          NEW YORK STATE’S FIRST MICROENTERPRISE ASSOCIATION

         1.5 Million Microenterprises Employ 19 Percent of State’s Workforce

Troy, N.Y. - Senator Hillary Rodham Clinton joined leading microenterprise development
organizations throughout the state today to announce the formation of MicroBizNY, New
York‟s first statewide microenterprise association. The one-day conference featured top
practitioners from around the U.S. presenting best practices in advanced business training,
successful case studies, entrepreneur testimonials and more. The conference, sponsored
by MicroBizNY, the Association for Enterprise Opportunity (AEO), Aspen Institute, JP
MorganChase & Co. and the Sage Colleges, was held at Russell Sage College in Troy,
New York.

“Although it is called „Microenterprise,‟ it is a macro idea – a big idea with vast potential.
Whether we are talking about rural corners of Hamilton County or the streets of the Bronx,
microenterprise is an invaluable tool in alleviating poverty, promoting self-sufficiency, and
stimulating economic activity in some of the state's most disadvantaged communities. The
ideals that make microenterprise work are not new – responsibility, hard-work, and
personal achievement. What‟s revolutionary is the group of people given the chance to
partake in the dream. It requires us to think about the poor among us in a new light, and to
see the potential that they see in themselves,” said Senator Hillary Rodham Clinton

MicroBizNY, an association of microenterprise organizations, practitioners and supporters
dedicated to promoting enterprise opportunities for primarily low-income people and
communities in New York State, provides a forum, information and a voice to its members
and constituents. In the U.S., a microenterprise is a business with five or less employees
with limited capital and without access to the traditional commercial banking sector. The
founding members of MicroBizNY, with the assistance of AEO, the national
microenterprise association, joined together to address the fact that New York was one of
a few states that did not have a formal microenterprise association.

"Now, more than ever, MicroBizNY is a much-needed resource,” stated Jonah Gensler, US
Program Director of Trickle Up, an international program that offers grants and business
related services to low-income entrepreneurs.


                                           -more-
MicroBizNY Launch
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“With today‟s recession, New York State has an unemployment rate of 6.2 percent and
microenterprise development provides a real solution for low-income people. We need to
provide advocacy for people like Melissa Hull, who went from welfare to owning her own
daycare center and earning $40,000 a year.” Ms. Hull told the crowd of microenterprise
leaders, investors and politicians her story of rising out of poverty through training and
capital, as she introduced Senator Clinton.

Anne Janiak of the Women‟s Enterprise Development Center said, "All the elements for a
New York microbusiness association are already there: entrepreneurs with compelling
experiences, organizations throughout the state doing phenomenal work for small
business and the need for our elected officials to hear a unified microenterprise message.
MicroBizNY can represent a voice and a vision for microenterprise in New York State."

Bill Edwards, the Executive Director of AEO, stated, "As we support microenterprise in
New York state, we keep hearing the same kinds of questions: From the entrepreneur:
Who can help me with my small business dream? From the microenterprise
organization: How can I be heard at City Hall or in Albany? From investors: Who do you
collaborate with? We need a MicroBizNY to connect these opportunities."

Microenterprise in New York State
New York State has a larger percentage of its workforce employed by microenterprises
than the national average. Nationally, according to AEO, microenterprise employment
represents 16.4 percent of all private employment in the United States, with a total of over
20 million microenterprises in the country. “We now have solid data to show the economic
impact microenterprise has on our state‟s economy,” stated Ron Deutsch, Executive
Director of SENSES. “New York has 1.5 million microenterprises which employ almost 19
percent of the states entire workforce, this is undeniable proof that very small businesses
do make a very big difference. While state policy tends to focus on attracting large
businesses, we must not forget that microbusinesses are the heart and soul of the state‟s
economy.”

“Microenterprise is a cost effective way to create jobs and generate much needed
revenue,” stated Alysia Miller of the Albany-Colonie Regional Chamber of Commerce.
“According to the most recent report from Empire State Development on the state funded
Entrepreneurial Assistance Program (EAP), it costs the state only $1600 per job created
and a cost benefit analysis shows that the program generates $2 in revenue for every
dollar the state spends.”

Dr. Pat Laino, Director of the Business Training Institute in Utica said, "Microenterprises
don't work in isolation -- they turn to chambers of commerce, trade associations and
business groups. If we are in the business of supporting low-income entrepreneurs,
shouldn't microenterprise organizations have a powerful forum that leverages our
potential?"

"At Russell Sage College, we educate future women of influence to make a positive
difference in the world," said Jeanne Neff, President of The Sage Colleges. "MicroBizNY
demonstrates that very small businesses can make a very big difference, especially for
women and minorities. Our degree program in business and organizational management
MicroBizNY Launch
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stresses social responsibility and encourages entrepreneurship--a good background for
women in businesses of any size."

About MicroBizNY
Founded in December 2003, MicroBizNY is New York State‟s first association of
microenterprise organizations, practitioners and supporters dedicated to promoting
enterprise opportunities for primarily low-income people and communities. The
association provides a forum, information and a voice to its members and constituents.
MicroBizNY develops the resources and capacity of microenterprise development
organizations throughout the state.
                                            # # #


                                Steering Committee Members
Dr. Pat Laino                                   Brian Singer
Business Training Institute                     Church Avenue Merchants Block Association
Utica, New York 13502                           (CAMBA)
315-733-9848                                    Brooklyn, New York 11226
email: lainolea@aol.com                         718-282-2500
                                                email: brians@camba.org
Ron Deutsch
SENSES                                          Nancy Carin
Albany, New York 12210                          Business Outreach Center Network
518-463-5576                                    Brooklyn, New York 11217
email: rdeutsch@sensesny.org                    718-624-9115
                                                email: ncarin@bocnet.org
Alysia Miller
Albany-Colonie Regional Chamber of Commerce     Brenda Mallette-Glennon
Albany, New York 12205                          ComLinks
518-458-9851                                    Malone, New York 12953
email: alysiam@ac-chamber.org                   518-483-1261
                                                email: cfo@capital.net
Anne Janiak
Women‟s Enterprise Development Center           Paul Stewart
White Plains, New York 10604                    Capital District Community Loan Fund
914-948-6444                                    Suite 103
email: ajaniak@westchester.org                  Albany, New York 12210
                                                518-436-8586
Bonnie Flagg                                    email: paul@cdclf.org
Urban League of Rochester
Rochester, New York 14605                       Jonah Gensler
585-325-6530                                    Trickle Up Program
email: smiles@ulr.org                           New York, New York 10001
                                                212-255-9980
                                                email: jonahg@trickleup.org

                                                Linda Benedict
                                                ACCORD Corp.
                                                Wellsville, NY 14895
                                                585-593-0792
                                                email: lbenedict@accordcorp.com

								
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