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.
All of the honored businesses said they could not have even expanded or started their company, let alone see it flourish, without the help of the NJSBDC network counselors and experts. They credited their success to the assistance of the network.
The Lt. Governor also thanked the NJSBDC network for all they have done to advance business in the state, as well as their incredible support of businesses during the storm.
The NJSBDC network counsels almost 6,000 small business clients annually, sponsors more than 900 training seminars and events each year attended by over 13,000 entrepreneurs and helps facilitate millions of dollars in financing for its clients each year.
For the full story and list of NJSBDC Success Award winners, click here.