Allegany Business Center

	Allegany Business Center
	"Helping you learn business as easy as ABC" Lending, Education, Technical Assistance

ACCORD Corporation's Allegany Business Center (ABC) is part of the ACCORD Corporation Business and Community Development Division (BCDD). This division administers the Entrepreneurial Assistance Program (EAP) Center, an eleven-station computer laboratory, Allegany Community Development Service Inc. (ACDSI), and the Vehicle Loan Program (Wheels to Work). The EAP Center's intensive program of training and technical assistance offers new entrepreneurs:

Business Plan Preparation
Marketing Assistance
One On One Business Counseling
Strategic Business Planning
Computer Training
Record-keeping Training
Tax Seminars
E-Commerce Workshops

ACDSI is a revolving loan fund that provides business loans to start-up and exisiting businesses. ACDSI hopes to encourage growth and expansion of business within Allegany County and to improve employment opportunities for low and moderate income residents.

The Vehicle Loan Program consists of the Wheels To Work Program as well as the Community Solutions for Transportation (CST) programs. This program is aimed at helping working individuals to obtain and maintain gainful employment through providing auto loans to income eligible individuals.

Business Center Stats
EAP since 1987
New Clients	1,146
Businesses Started	158
Businesses Saved	47
Increased Sales of Existing Businesses	$3,475,443.00
Increased Sales of New Businesses	$865,898.00
Financial Packages Developed	125
Financial Packages Approved	107
Financing Secured	$6,904,000.00
Total Jobs Created	220
Total Jobs Saved	377
ACDSI since 2003
Amount Loaned	$449,101.00
Loans Given	39
Wheels for Work since 2001
Loans Given	356
Amount Loaned	$1,100,000.00
Doing Business As Forms since 2007
Forms Given	349

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