Local development group honored for their assistance to locally-owned businesses

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BINGHAMTON (WBNG) — A local business development group is being honored for its efforts in fostering locally-owned businesses.

Empire State Development awarded the Binghamton Local Development Corporation (BLDC)/Broome Triad Entrepreneurial Assistance Center a statewide award for outstanding performance.

Operated by SUNY Broome, the Entrepreneurial Assistance Center provides local entrepreneurs, as well as existing businesses, with the resources and assistance needed to successfully launch and run a business.

In 2018, the center enrolled 33 new business clients. Five of those clients started new businesses.

The center also reports that 22 existing businesses utilizing their services saw increased sales totaling more than $4.97 million. Eleven of those businesses were able to add a total of 36 employees.

Four startup businesses reported $2.3 million in increased sales, with two of those start ups adding three new employees.

One of the Entrepreneurial Assistance Center’s clients, Waterman Distillery LLC, was also selected as the center’s 2019 Entrepreneur of the year. The Apalachin business produces all-natural spirits from Finger Lakes corn.

The owners of Waterman Distillery say the award has opened their eyes to how far their hard work and determination has taken them.

“We have been just over the moon excited about the honor of representing an amazing program. We certainly could not have done it without their guidance, connections, and just general information. So, it’s just a thrill to see where we were last year and where we are today,” said Waterman Distillery co-owner Michelle Alig.

If you have an idea for a business and want some help getting started, this year’s program runs from 6 PM to 9 PM on Mondays and Thursdays, from September 9th through December 2nd at the Koffman Southern Tier Incubator, located on Hawley Street in Binghamton.

Dan Conklin

Dan Conklin

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