Assemblymen Troy Singleton, Declan O’Scanlon, Jr., NJSBDC Chief Operating Officer Deborah Smarth, Lt. Governor Kim Guadagno, NJSBDC Chief Executive Officer Brenda Hopper, Assemblyman Gary Chiusano & Senator Stephen Oroho (Left to Right)
(Monroe Township, NJ) – Lt. Gov. Kim Guadagno told hundreds of small businesses there are now two New Jerseys – a green one and a red one – and one will help the other rise up.
The green area is the majority of the state that was not severely impacted by Hurricane Sandy and the following Nor’ Easter that hit the Jersey Shore so hard Oct. 29.
The red zone is “devastated to the range of about $37 billion with 230,000 homes lost … $500 million in funds have already been distributed in emergency aid,” she told attendees of the statewide New Jersey Small Business Development Centers Network Annual Luncheon at the Forsgate Country Club. “Believe me. I know. I live on a street named Riverview in Monmouth Beach, just a block from the town that used to be Sea Bright.”
Guadagno made her remarks at NJSBDC network’s annual Small Business Growth Awards Luncheon, a tribute to the leadership of 13 thriving small businesses located across the state – all clients of the NJSBDC network – as well as their advisors from the 11 NJSBDC centers and two specialty programs located statewide.