SBA Prepared To Counsel Small Businesses On Ice Due To The NHL Lockout

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WASHINGTON, D.C. – With the National Hockey League lockout approaching its fourth month and small businesses across the country on ice, the U.S. Small Business Administration is prepared to help the affected local businesses. In the 23 cities that host NHL teams, SBA representatives will be reaching out over the coming weeks to business owners to provide counseling sessions and help businesses work through this difficult time.

“Small businesses are the backbone of our cities and towns and they should not have to sit in the penalty box,” said SBA Administrator Karen Mills. “When massive work stoppages affect local businesses, the federal government must play a role in helping to ensure stability. Using our vast counseling network, SBA is prepared to coach small businesses until the crowds return.”

Through resource partners like SCORE, Small Business Development Centers, Women’s Business Centers, and Veterans’ Business Outreach Centers, SBA has a network of over 14,000 counselors who are ready to lend a hand to small business owners in the affected areas. The cities SBA will be targeting include Anaheim, CA, Boston, MA, Buffalo, NY, Chicago, IL, Columbus, OH, Dallas, TX, Denver, CO, Detroit, MI, Los Angeles, CA, Nashville, TN, New York, NY, Newark, NJ, Philadelphia, PA, Phoenix, AZ, Pittsburgh, PA, Raleigh, NC, San Jose, CA, St. Louis, MO, St. Paul, MN, Sunrise, FL, Tampa, FL, Uniondale, NY, and Washington, DC.

“The NHL lockout has had an adverse economic impact on small businesses located around the Prudential Center, where the New Jersey Devils play their home games,” said Titone. “Small businesses from restaurants to souvenir shops that count on game-day business around the arena, as well as small businesses that provide everyday services to the team are feeling it in their bottom line.”

“Our first step is to reach out to the local and regional economic development groups that we work with to see how SBA can best utilize its resources to help the small businesses that have been affected by the lockout.”


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