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Clarence Stanley, Director of the Bronx Small Business Development Center (SBDC) located at Lehman College, has been honored with the Community Service Award by the Hunts Point Economic Development Corporation.

The Awards were given out in connection with the Hunts Point Annual Business Tent Party at the end of October. The Tent Party celebrated the opening of the new Fulton Fish Market at Hunts Point and the improving climate for small business growth throughout the Bronx. The ceremonies at Hunts Point were attended by US Congressman Joseph Crowley, Bronx Borough President Adolfo Carrion, Jr., and David Margalit, Deputy Commissioner, NYC Dept. of Small Business Services.

Stanley was recognized for his years of leadership fostering small business success in the Bronx. He has been the Director of the Bronx SBDC since January 2000 following a distinguished career in banking. The Bronx SBDC provides high quality, pro bono, confidential business counseling, business training courses, and focused industry-specific research to Bronx residents who want to start a business or improve the performance of an existing business.

According to Michael Paull, Dean of Lehman College’s School of Continuing Education, “In a relatively short period of time, the SBDC has become integrated into the College community, playing a major role in helping Lehman fulfill its mission to be an important resource in the economic development of the Bronx. Clarence Stanley’s leadership has coordinated the efforts and expertise of his staff with those of the Lehman faculty to organize and develop small businesses in the surrounding area and beyond. Everyone in the Bronx has benefited in one way or another from this initiative.”

Since it was established in 1987, the Bronx SBDC has worked directly with 9,624 businesses, helping them invest almost $58.5 million in their Bronx businesses, and creating and saving over 3,500 jobs.

Established 20 years ago, the New York State SBDC is a technologically integrated network of 23 regional centers, all of them located in or near population centers in the state. In its two decades, the SBDC has worked directly with over 200,000 New York businesses and entrepreneurs, helping them invest over $2.3 billion in the state’s economy.

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