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A Clearinghouse for Entrepreneurs at Albany
By Lisa James Goldsberry
Have you ever dreamed
of running your own business, but you just didn't know where to start?
Do you have a small business already, but are so busy filling current orders,
you haven't time to plan for expansion?
Now Capital District entrepreneurs
have a place to go for answers to their questions -- the University at
Albany Small Business Development Center. Located at 1 Pinnacle Place in
Albany, the center may be contacted at 453-9567.
“The University is helping
to provide a great service to the community,” said William Brigham, director
of the SBDC. “It makes the University an integral part of economic development
and a good neighbor.”
The center works with approximately
800-850 businesses a year, providing startup assistance, helping businesses
that are in trouble, looking to expand, and/or looking for direction in
terms of funding and planning. It has assisted more than 6,400 entrepreneurs
over the last 10 years. According to center statistics, it has generated
$54 million in local economic investment and saved or created 2,164 jobs.
The center works with businesses
in all areas, from women's clothing to aerospace, from arts to textiles.
It works with businesses as far north as Lake Placid, west to Fulton and
Montgomery counties, and south into the Catskills. There is no cost for
the service.
The center works under Small
Business Administration guidelines, which define a small business as 500
or fewer employees. It does not work with non-profits. The SBA tries to
develop businesses that will develop a tax base, which pays for the program
itself.
In 1984, UAlbany became one
of the original five universities to establish a Small Business Development
Center (SBDC) economic development component within its region. The center
is funded by UAlbany, the Small Business Administration, and New York State.
There are 23 centers throughout
the state, with the central office on State Street in Albany. The number
of jobs created or saved, and the economic impact of those jobs, are well
documented by the central office. “Entrepreneurship is growing as people
become more educated about it. Any job we create here is wonderful because
of the contribution to the community,” Brigham said.
Typically, people use the
center for two months on average. Some come back after a year or two with
another project or concern. However, the center does not do everything
for a business or entrepreneur. According to Brigham, what they try to
do is help business owners to really understand what they are getting into
and figure out the best way to handle the situations in front of them.
“We need people to realize that what they are doing will take some time
and effort on their part,” Brigham said. “I admire those who come here
with the drive and ambition it takes to strike out on their own.”
Most of the people who come
to the center have full-time jobs as well, so the center's work is very
client-driven. “Too many people do not know what a small business development
center is and that is unfortunate. We have resources that are not matched
anywhere. There are other organizations that offer business assistance
but they are not as comprehensive and tailored to the needs of the clients,”
Brigham said.
Some of the services provided
by the center include business plan development, accounting, export assistance,
marketing, financial planning, cost-analysis, training programs, and loan
information assistance. The center also has its own business planning guide
as well as access to four business librarians on staff at the central office
who use the business databases.
One of the small businesses
the center has helped is Pinebush Technologies. Originally an engineering
firm, the company wanted to broaden its sales and marketing efforts as
it began to branch out into new product lines. “They showed us ways to
introduce our software in industries other than those we had been dealing
with,” said David Kass (B.S. ’81), president of the firm.
The reasons people become
entrepreneurs are as varied as the people themselves. Some make the decision
because they want to have more control over their fate. Mike Camoin, owner
and founder of Videos for Change Productions, started his business in 1995
partly because of one of his documentaries. The subject of the documentary,
called Inside the Blue Line, was an aging Adirondack woodsman named Jack
Ludley. A retired plumber, Ludley made a decision to pursue an entirely
new career direction. He is now a renowned basket maker. “He did this demonstration
with a ruler in which he opened it up and said, ‘The average age of a man
is 72 years, and I'm right here at age 65. I've lived all this and I've
got maybe six or seven inches left.’ He then folded the ruler and said,
‘I don't have any time to waste.’” They have now made a one-minute piece
called The Ruler of Life.
“At that time, I was in my
late 20s. I'm now 33,” Camoin said. “The lesson of the Ruler of Life is
that 36 is middle-aged. I was approaching that number and I figured I should
start now if I really want to do this,” Camoin said. He went to the center
because he needed to create a business plan for a loan application.
The center also has a Self
Employment Assistance Program that is run with the Department of Labor.
It is for people enrolled in unemployment who want to open a new business.
While they are starting that business, their benefits are not at risk.
There are approximately 200 clients in this three-year old program. The
center will soon start a veterans' assistance program for veterans who
want to go into business for themselves.
The SBDC is working on offering
UAlbany students internships with some of its client companies. Brigham
said he would also like to see some of the undergraduates work in teams
with a company for a specific project. “Students have great insights and
fresh ideas for these companies. There is so much they can offer.”
Brigham says he has seen the
business climate in this area change over the past five years or so as
it becomes less regulatory and more business friendly. “Software is doing
quite well in this area and I think there is a lot to grow on. There is
a strong cluster that has developed locally” he said.
The center works with the
Center for Advanced Technology (CAT), both at UAlbany and RPI. “They develop
a product and we help to market that product once it is developed. You
can't have one without the other,” Brigham said. “I think there is huge
potential in this area and it is driven by the universities. They have
helped to enhance the environment both socially and economically so that
when people come here they will want to stay.”
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Lecture Center 6 Renamed
for Gary Jacobson, B.A. '82
By Christine Hanson Mcknight
Lecture Center #6 was formally
dedicated and renamed in honor of alumnus Gary Jacobson, B.A. '82, during
a ceremony on Friday, Oct. 29.
Jacobson was one of the top
securities analysts on Wall Street for 15 years, specializing in consumer,
toy and gaming stocks.
While at Albany, Jacobson
was a rhetoric and communications major. He has made a significant gift
toward the library campaign. He has also accepted the role of national
chair of the University at Albany's President's Club, which is made up
of donors who contribute $1,000 or more annually.
“I had no idea about a career
when I left Albany,” Jacobson said.
“I enrolled at Pace University to
earn my M.B.A. and worked at a deli to make ends meet. After that, I moved
into a building in Brooklyn. A guy down the hall from me suggested that
I interview with a now-defunct brokerage house.”
Jacobson landed the job, working
for a securities analyst specializing in studying toy companies. In his
first job, he correctly predicted Coleco would be a great success - at
the height of the Cabbage Patch Kids craze in the mid 1980s - and later
predicted its demise.
In 1988, when Blockbuster
Entertainment consisted of only 18 stores, Jacobson spotted the firm as
a good investment. Now Blockbuster has 6,500 stores in the U.S. and 26
other countries. He has studied hundreds of other companies, including
Hasbro, Brunswick, Nike, Activision, Topps, Marvel and Toys-R-Us.
In 1997, Jacobson was named
by The Wall Street Journal as its top-rated “All-Star” analyst in the entertainment
industry.
More recently, Jacobson was
a managing director at Jefferies & Company. Ready for a change of pace,
he left that job last year, and has been traveling and exploring other
career options.
“I woke up one morning very
unhappy with the rat race on Wall Street and quit,” he said. “It was just
too demanding. I was working six days a week, 14 hours a day, and on the
road at least half of the time. The phone never stopped ringing. I had
been to the Far East three times and Europe 25 times. I have several million
frequent flyer miles I'm still working through.”
Jacobson, a native of East
Brunswick, N.J., remembers his time at Albany fondly. “I had never been
away on my own before, so it was very exciting. It was the entire Albany
experience, not just the academic experience, and it was very helpful to
me as I went on in my career,” he said.
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Patroon Room Serves Up Change
By Carol Olechowski
Each afternoon, you and thousands of other UAlbany
students, faculty, and staff ask the eternal question: “Where can I have
lunch today?” You've had enough of sandwiches, burgers, fries, and pizza.
You're in the mood for a meal with plenty of variety, but you haven't the
time to leave campus, and you don't want to stand in line at the cafeteria.
What's the answer to this age-old dilemma? The Patroon Room.
Or, to be more precise, the new Patroon Room. In an effort
to attract more customers to the dining venue on the second floor of the
Campus Center, Sodexho Marriott Services — the University's food service
provider — instituted breakfast and lunch buffets this fall.
According to Deming Yaun of Sodexho Marriott, the
changes in menu and service were prompted by a campus-wide survey last
spring. Table service, he observes, “took people a little more time than
they had in their schedules. We wanted to create a more relaxed setting
than a cafeteria and offer a wider variety of menu choices. It became the
goal of our general manager, Rafael Aponte, to transform the Patroon Room
into a place students, administrators, and faculty could all use and enjoy.”
To that end, Aponte and University Auxiliary Services
Executive Director Julia Filippone, Ed.D., re-evaluated the restaurant's
physical surroundings, its service, and its food. Walls were repainted,
and carpeting and upholstery were cleaned. Brightly colored silk floral
arrangements now blossom on tables throughout the room. The buffet concept,
which Filippone likens to what the diner would see “in a Marriott hotel,”
was introduced. UAS staff who formerly worked as servers were reassigned
to other food-service positions around campus.
And, of course, Aponte spiced up the main attraction:
the menu. Each day's offerings include five or six hot entrees — chicken,
beef, and other meats — as well as vegetarian offerings; pasta or rice;
and other side dishes. A dessert table rounds out the meal; Filippone urges
diners to “leave room” for such favorites as chocolate, carrot, and cheese
cakes; and fresh berries, pumpkin pie, and other seasonal items. Soda and
coffee are included in the $6.50 per person price, which entitles the customer
to “as many trips to the buffet as he or she would like,” Filippone adds.
The 18-day menu cycle, Yaun explains, means that
“it takes a while for the same dishes to repeat.” Cold cuts, tuna fish,
and other sandwich fixin's, however, are daily staples, as is the salad
bar. Through their responses to the survey, customers themselves actually
had a hand in planning the menu. And their input remains important; Yaun
takes time during lunch to visit diners at their tables and solicit comments
about the quality and variety of the food. He comments: “Food is like fashion;
it's continuously changing. What's popular and satisfying this year is
not going to be popular and satisfying next year, whether it's service
style or the items served.”
Currently, the Patroon Room plays host to about
85 lunch customers weekdays between 11:30 a.m. and 2 p.m. The daily breakfast
buffet, instituted in September in an effort to “attract people on their
way to the office and encourage them to hold early-morning meetings in
the Patroon Room,” is also building a clientele, notes Filippone. Like
the lunch, it emphasizes variety: Among the menu selections served from
7:30 to 9:30 a.m. are French toast, pancakes, eggs, ham, and sausage. Made-to-order
omelettes are occasionally on the bill of fare, as well. The price, $3.50
per person, includes an assortment of specialty coffees and other beverages.
For diners who prefer a more private setting, a
small room off the main dining area may be reserved for luncheons, meetings,
and other gatherings. Anyone interested in reserving the space, which accommodates
up to 25 people, may do so by calling 442-5985.
Filippone, Yaun and Aponte are looking into other
ways to make the Patroon Room more of a center of campus activity. One
possibility under discussion: a cabaret evening that would feature entertainment
and dinner. And the monthly Patroon Room dinner, a once-popular event that
was discontinued because of parking difficulties, may make a reappearance.
Says Filippone, “We want to find new ways to attract
customers and to meet the casual dining needs of students, faculty, and
staff.”
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