BOC

CMP Appoints Larry Mei Director of Entrepreneurship

We are pleased to announce the promotion of Larry Mei from Senior Business Counselor of its Business Outreach Center (CMP BOC) to Director of Entrepreneurship effective July 1, 2020.

Larry providing counseling services to an entrepreneur

Larry providing counseling services to an entrepreneur

Larry has over ten years of extensive knowledge and experience in entrepreneurship development and micro-financing. He originally joined CMP BOC as a Business Counselor, assisting entrepreneurs and business owners in overcoming challenges and building successful micro enterprises. In his new role as Director of Entrepreneurship, Larry will be leading our economic development team to design programs and strategies in supporting small businesses and promoting/rebuilding the community’s economic engine. Larry is a graduate of Baruch College with a Bachelor’s Degree in Business Administration. He is also a former business owner in e-commerce. During his leisure time, Larry loves hiking, kayaking and swimming. He also enjoys traveling and eating great food.

About CMP BOC:

CMP’s Business Outreach Center (CMP BOC) empowers our community through strengthening its small businesses.  We operate one of New York State’s 24 certified Entrepreneurial Assistance Centers (EAC).  CMP BOC offers entrepreneurship training, individual technical assistance, and resource referral, and helps small business over crises like the COVID-19 pandemic, hurricane Sandy, and 9/11. 

Over the past 10 years, we assisted over 930 entrepreneurs and small business owners through one-on-one counseling and coaching services. In addition, we hosted 712 workshops and seminars, helped 122 businesses increase sales by $4.2 million, created 137 jobs, and assisted businesses to secure $4.5 million loans and grants.  CMP BOC is a community partner of the BOC Network, serving the New York and New Jersey metropolitan area.

Small Business Credit and Financing Webinar

We will host a Small Business Credit and Financing Webinar (Mandarin) on Thursday, July 16th at 7:00 PM.

If you are seeking financial support to launch or grow your business, you are at the right place! Experienced financial experts will review short-term and long-term financing options for entrepreneurs, and will share insights about what lenders look for in loan applicants.

Please RSVP at bit.ly/2020JULY16. Questions? Please contact us at larrymei@cmpny.org.

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Is Your Business Ready to Reopen?

Partnering with Jia Law Group, we will host a webinar on Business Reopening Guidance and Commercial Lease Issues on Wednesday, June 17th at 2 pm to help small business owners prepare for their reopening, and share how to protect their businesses from commercial lease issues related to COVID-19.

The webinar will be conducted in Chinese Mandarin. If you are interested in attending, please RSVP at bit.ly/2U6b3KZ. For more information, please contact us at larrymei@cmpny.org.

How to Use Online Food Delivery to Promote Your Restaurant Business

We will host a webinar on How to Use Online Food Delivery to Promote Your Restaurant Menu on Thursday, May 21, from 8 PM-9 PM. We will be providing strategies to help restaurants promote business and increase revenue. The webinar will be conducted in Chinese Mandarin. Please RSVP at bit.ly/2020MAY21. For more information, please contact Larrymei@cmpny.org.

Additional Relief Funds for Small Business

The Paycheck Protection Program and the Economic Injury Disaster Loan program have been expanded with $310 billion in additional funds, which will be available very soon.

It's a first-come, first-served basis and demand is already extremely high. So act fast! Contact us at Larrymei@cmpny.org for application details and assistance.

We encourage you to talk to your banker over the weekend, if possible. We can also refer you to a lender if you don’t have one already.

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CARES Act for Small Businesses

The COVID-19 pandemic has created uncertainty and stress for many American small businesses. Part of the government’s response to assist businesses during this time is the recent passage of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

The CARES Act allocated $350 billion to help small businesses and nonprofits keep workers employed amid the pandemic and economic downturn.

Want to learn more about what to expect and how to prepare to file for a loan? Contact our Business Outreach Center (BOC) at larrymei@cmpny.org for assistance.

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Is Your Business Affected by COVID-19?

Do you know that the City provides assistance and relief for small businesses across the City seeing a reduction in revenue because of COVID-19?

NYC Small Business Continuity Loan Fund

The City will provide relief for small businesses across the City seeing a reduction in revenue because of COVID-19. Businesses with fewer than 100 employees who have seen sales decreases of 25% or more will be eligible for zero interest loans of up to $75,000 to help retain employees and ensure business continuity.

NYC Employee Retention Grant Program

The City is also offering small businesses with fewer than 5 employees a grant to cover 40% of payroll costs for two months to help retain employees.

Want to know more these programs or need help in applications? CMP Business Outreach Center can help! Contact us at larrymei@cmpny.org today.

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Business Finance Workshops

Want to get an in-depth business financial education in just two days? You are in the right place!

CMP, in partnership with NYC Small Business Services, is excited to bring you a 2-session Business Finance Workshop on Wednesdays, March 11th &18th, 2020, from 6:30 PM to 8:30 PM. Budding entrepreneurs and small business owners, please join us for this educational workshop to learn more about business finance!

We will be discussing topics including:

  •  Basic financial terms and financial statements

  • Difference between a business’s startup and operating expenses

  • Value of creating research-based projections

  • Methods to determine your pricing and projected sales

  • How to use ROI to compare your business’s financials against industry benchmark

  • & Many more

Register now while seats are still available! Workshops will be conducted in Mandarin Chinese. For more information, please contact CMP Business Outreach Center at (212) 571-1698 or visit us at 123 Walker Street, New York, NY 10013.

2019 Small Business Bootcamp

On the past Saturday, December 14th, 12 aspiring entrepreneurs and small business owners successfully completed our 2019 Small Business Bootcamp with their business plans!

Over the past 10 weeks, we covered topics including legal aspects of starting a business, commercial lease negotiation, financial projections and analysis, e-commerce and online marketing, intellectual property, and etc. Participants have developed necessary business management skills, learned how to refine business concepts, devised early-stage marketing plans, and prepared action plans.

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Special THANKS go to our fantastic group of experienced professionals and government representatives for sharing their professional knowledge and creating an excellent learning environment to spark new business ideas. As the learning continues outside of the program, CMP is looking forward to continuing providing technical assistance in our students’ future entrepreneurial journeys.

Small Business Credit and Financing Workshop

Are you looking to establish business credit and secure business financing, but not sure where to start?You are in the right place!

CMP, in partnership with Bank of America, is excited to present you a FREE Small Business Credit and Financing Workshop on Wednesday, December 4th, 2019, from 6:30 PM – 8:00 PM.

Topics that will be discussed include building business credit, establishing a banking relationship, securing short term and long term financing, and more! Budding entrepreneurs and small business owners should not miss the opportunity to connect with local commercial lenders!

Register today while seats are still available! Workshop will be conducted in Mandarin Chinese. For more information or register, please contact CMP at (212) 571-1698 / (646) 292-9672.


Small Business Legal Clinic

Are you dealing with legal problems in operating your business? We are here to help!

CMP in partnership with Volunteers of Legal Service is excited to bring you a Small Business Legal Clinic that will allow you to engage in discussion around the potential legal issues in your business operations on Thursday, November 7th, 2019, from 2:00 PM – 5:00 PM. If you need assistance, join us!

Budding entrepreneurs and small business owners will get the chance to meet up with pro bono attorneys and receive free one-on-one consultations relating to your business formation, commercial leases, contracts, copyrights, trademarks, and more! Space is limited. Registration is required. For more information, please contact CMP at (212) 571-1698 or (646) 292-9672.

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Marketing Workshop - Search Engine Optimization

Do you know that on a Google search 75% people do not go past the 1st page. The further down your business's website is on a search engine, the less traffic and visitors it will attract.

That's why Search Engine Optimization (SEO) is so important.But do you know what exactly SEO is, how it works, and how it can be done?

Come to our FREE Marketing Workshop Series session #4 - Search Engine Optimization, which will be help on Wed, 8/21, at 6:30 - 8:30 pm at CMP. It will be conducted in Chinese Mandarin. Call (212) 571-1698 to register today!

Small Business Bootcamp

We will be hosting our 25th annual Small Business Bootcamp on Saturday, September 28th!

The bootcamp consists of 10 weeks courses designed to assist entrepreneurs in developing management skills, refining business concepts and creating business plans. Course topics range from entity formation and business regulations to financial management and access to capital. For more information, please contact 212-571-1698.


Business American Style (BAS) Entrepreneurial Course

CMP will be hosting a Business American Style (BAS) entrepreneurial course on Wednesday evenings, from May 15th to June 19th!

If you want to learn all the fundamentals of starting and running a small business, receive technical assistance and support from our center during and after the classes, please don’t miss this great opportunity!. Open to all aspiring entrepreneurs, established business professionals, and anyone who’s interested in learning more about entrepreneurship! For more details, please contact 212-571-1698 or 646-292-9672.

Food Service Legal Issues Seminar

CMP will be hosting a Food Service Legal Issues Seminar in partnership with Asian American Restaurant Association and JLG Law Group on Monday, April 8th. The seminar will help restaurants and other food service business owners understand the employment and labor laws and learn how to develop best practice in complying with new rules and requirements. The seminar will be presented in Mandarin Chinese. For more details, please contact CMP at 212-571-1698.                   

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Learn How to Start Your Amazon Business

CMP will be hosting a training to help aspiring entrepreneurs find out the best way to launch and grow e-commerce business on Amazon on Wednesdays, April 3rd and April 10th!

The training is designed to help you learn all the essentials to start and run a thriving e-commerce business, from how to set up an Amazon Seller Account, how to find products and suppliers, to how to drive traffic to your store, and many other skills needed to successfully run your Amazon business.

For more details, please contact 917-626-8161 or 646-292-9672, or visit us at 70 Mulberry St, 3rd FL, New York City.