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The Babylon Industrial Development Agency (IDA), in partnership with the Town of Babylon, will host its third annual “Access to Capital” event on Thursday, December 5, to support local business owners and entrepreneurs in navigating crucial funding opportunities. This event, an initiative launched by Councilman Anthony Manetta two years ago, aims to empower local business owners and entrepreneurs with helpful information on available funding sources, including new state programs, and provide an opportunity to network with key community and business leaders. The event will be held from 12:00 PM  to 1:30 PM and will be held at Root + Branch Brewing at 360 Marconi Blvd in Copiague.

One of the programs to be highlighted at the event is the recently announced New York State Main Street Capital program, designed to bridge the financing gap many entrepreneurs face when starting or expanding their businesses. This program offers qualifying businesses access to affordable term loans of up to $100,000, providing crucial support for early-stage growth. More details on this program can be found on the New York Empire State Development website: https://esd.ny.gov/main-street-capital-loan-fund.

“The IDA is proud to partner with the Town of Babylon once again to ensure that businesses of all sizes have access to the resources necessary for growth and success,” said Babylon IDA CEO Tom Dolan. “This event will be a valuable opportunity for local entrepreneurs to learn about funding options, connect with experts, and position themselves for future success. I encourage business owners to take advantage of these insights and opportunities, no matter what stage you are at with your business.”

Through interactive discussions and networking sessions, the “Access to Capital” event will offer hands-on guidance to help local business owners identify the funding solutions best suited to their needs. Attendees will have the opportunity to meet with and hear from financial experts, local leaders, and other entrepreneurs who have successfully navigated the funding landscape. From securing start-up capital to identifying resources for growth, the event is designed to equip business owners with actionable insights and connections to take back to their organizations.

“The Access to Capital event reflects the Town of Babylon’s ongoing commitment to helping our small business community thrive,” said Councilman Anthony Manetta, Chairman of the Town of Babylon’s Small Business Committee. “With funding often being one of the most significant challenges for businesses, this event will offer essential guidance and practical tools for business owners to secure the capital they need to grow and succeed.”

Deputy Supervisor Tony Martinez will deliver the opening remarks at the event, which will be followed by a panel discussion moderated by Councilman Manetta. Panelists will discuss topics such as securing financing, navigating state programs, and effective growth strategies.

“The Town of Babylon is dedicated to creating an environment where businesses can thrive, providing good-paying jobs for residents and investing in our community,” said Deputy Supervisor Martinez. “We take great pride in supporting our local business community by providing them the resources they need to grow and succeed. Through our shared commitment to fostering business growth, the Town Board and Babylon IDA are working to ensure that the Town of Babylon remains a welcoming place for businesses new and old for years to come.”

The “Access to Capital” event is an invaluable opportunity for local businesses to learn about funding options and connect with other business owners, community leaders, and financing experts.

Local business owners interested in attending are encouraged to RSVP by Tuesday, December 3.

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