Updates

$50,000 Prize Pool Available for Buffalo-area MWBE Entrepreneurs

New York Business Development Corporation (NYBDC) and affiliate Excelsior Growth Fund in collaboration with 43North and the City of Buffalo are proud to announce that the application period for the 2nd Annual THE PITCH business plan competition is now open. The competition, which this year has more, than doubled its prize pool to $50,000, is designed to support minority- and female entrepreneurs in Erie County. NYBDC and Excelsior Growth Fund are the Signature Sponsors of THE PITCH, with [...]

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SmartLoan™ and ImpactLoan™ Rates Now Capped at 11.9% When we launched our fast, online loan products two years ago, we did so with the needs of small businesses in mind. Today, entrepreneurs seeking capital to grow no longer have to choose between speed and affordability. So, we’re proud to announce that we’re making our online loans even more affordable for small business owners by capping our interest rates at 11.9%. Learn More About Our Loans  With the [...]

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CoverWallet, an online commercial insurance provider, recently featured Bryan Doxford, Senior Vice President and Chief Lending Officer at Excelsior Growth Fund in their latest Small Business Q&A titled “How Small Businesses Can Become More Bankable & Evaluate Funding Options”. In this post, Doxford discusses key steps small businesses can take to make their business more likely to qualify for a bank loan, such as, common problems in small businesses seeking loans, what to do [...]

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Buffalo, NY--Issue Media Group, in partnership with Launch NY, has launched UpstartNY, a digital publication highlighting entrepreneurship in Buffalo and the upstate New York region. Excelsior Growth Fund (EGF), the City of Buffalo, M&T Bank, PathStone, New York State Energy Research and Development  Authority (NYSERDA), John R. Oishei Foundation, and Westminster Economic Development Initiative (WEDI) provide support to UpstartNY. The first full issue of UpstartNY was published on [...]

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Steve Cohen with New York SBA District Director Beth Goldberg We are proud to announce that Excelsior Growth Fund (EGF) has been recognized as the Financial Services Champion of The Year by the New York SBA District for our work as an innovator in providing loans and advisory services to New York State’s small businesses.  EGF President Steve Cohen accepted the award at a ceremony this week, along with eight other exemplary businesses and organizations recognized in various [...]

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