Empowering Growth through Local Business Partnerships
We offer resources across our statewide chambers of commerce and organizations such as business workshops, networking events, and mentorship programs to help your small businesses succeed.
Procurement
Our organizations work together to establish procurement goals that give small businesses a competitive edge in the marketplace. We promote awareness on disparities through education and reference to the New Jersey Disparity Study data, reinforcing business areas of need relating to state contracts.
Highest Quality of Life Standards
Fostering opportunities for a fairer economic landscape for NJ veterans, multi-cultural and multi-dimensional business owners in unity towards a competitive and thriving state in which to live, work and raise a family.
Advocacy
The NJ Small Business Growth Council envisions a future where small and Main Street businesses thrive, contributing significantly to the prosperity of New Jersey. Join us in this journey towards a more united and economically robust state; intentionally accounting for all to participate including multi-cultural and multi-dimensional business owners.
NJDBAC Presentation on the New Jersey Disparity Study
Job Creation
Increased procurement with small businesses often leads to the creation of more jobs. As these businesses grow and secure government contracts, they typically hire additional staff to meet the demand for goods and services. As businesses thrive, they contribute more to local and state coffers through taxes on income, sales, and property.
Growth
A 30% goal encourages the growth of small, multi-cultural, and multi-dimensionally lead businesses. Access to government contracts provides these enterprises with opportunities to expand their operations, invest in technology, and enhance their capabilities.
Innovation
Multi-culturally and multi-dimensionally lead businesses often bring innovative solutions and fresh perspectives. By increasing their participation, the state can foster competition and drive innovation in the marketplace. Collaborations between large and small businesses foster knowledge transfer and skills development, including in the high-tech and manufacturing space. Mentorship programs and partnerships contribute to the professional growth of smaller enterprises.
Collaboration
It is important to note that impacts are interconnected, and the success of achieving a 30% business participation goal goes beyond immediate economic gains. Contributions to building a more inclusive, resilient, and dynamic economy that benefits a wide range of stakeholders within the state is necessary for the State of New Jersey to emerge from the lowest levels of where to do business compared to winning states across the nation.