Bwanaz | November 23, 2022
Bwanaz (JJFK Inc.), an online fusion marketplace platform that combines wholesale and retail, announces today that it has partnered with World Depot, a global supplier that boasts 65+ warehouse locations worldwide and a 500 million dollar yearly-revenue, to make wholesale affordable and easily accessible for small businesses. This gives small local businesses the opportunity to expand and grow in the marketplace. Big companies have unmatched buying power and ample resources to beat out small competitors," says John Xie, founder of Bwanaz.com (JJFK Inc.) "That's why these big companies have monopolized the market. To this day, it's been next to impossible for small businesses to flourish because they simply don't have the means to purchase wholesale in bulk the way large companies can, so wholesalers always work with the big players. It's like the rich grow richer and the poor get poorer!" John Xie continues. "But that's all about to change. With Bwanaz partnering with World Depot, we now have a way to close that gap! This partnership makes it possible for small businesses to purchase items with shockingly low wholesale prices and with small MOQ's- as little as two units! Even when combined with shipping, the total wholesale cost will still be 30% to 35%, or as much as 50% lower than what the big companies can get.
"This is revolutionary! This will change the entire existing retail and wholesale structure of our current marketplace because this will even out the playing field among the big and small players. Anybody who has tried starting a small business knows how difficult it is to promote and maintain its growth. This partnership between Bwanaz and World Depot is the solution to helping small business owners get their big break!"
Terry Tan, co-founder of Bwanaz.
On Bwanaz.com, customers can find World Depot Inc. and see all the new products that have been listed. New products have recently been introduced under categories such as home, garden, kitchen, and pet products. The Wooden Computer Gaming Desk With a Drawer, LED Patio Lights, LED Mirror, Chandelier, Throw, the Dog Car Seat, the Aluminum Hanging Basket for Flowers, and the COSVALVE Food Processor are all new additions to the website. More products are coming.
Bwanaz is a California-based e-commerce, high-tech fusion marketplace that combines wholesale and retail onto one platform. In a world where industry giants are becoming more and more prominent and crushing out small businesses, Bwanaz seeks to ensure that these small local businesses can retain a competitive edge in today's market by creating opportunities that allow them to buy less and sell more. Visit Bwanaz at www.bwanaz.com to accelerate the growth of your small business to new heights today!
MARKETING AND NETWORKING
U.S. Small Business Administration | November 29, 2022
Today, the U.S. Small Business Administration's Interagency Task Force on Veterans Small Business Development (IATF) and Advisory Committee on Veterans Business Affairs (ACVBA) announced that the task force will hold their next set of virtual public meetings on December 7 and December 8, respectively, via Microsoft Teams.
"Both the IATF and ACVBA committee meetings serve as opportunities for participants to learn the latest on the state of veteran-owned small businesses and discuss how the SBA can continue to serve the military and veteran community,This quarter, participants will receive an important update on the SBA's Veteran Small Business Certification Program."
Associate Administrator for the SBA Office of Veterans Business Development, Larry Stubblefield.
WHAT: IATF and ACVBA Virtual Public Meetings
The IATF meeting will include committee member updates from the Departments of Veterans Affairs (VA), Treasury, Defense, Labor; U.S. General Services Administration; Office of Management and Budget; North Carolina Business Center; the American Legion; VET-Force; and the National Veteran Small Business Coalition.
The ACVBA meeting will cover briefings from SBA's Office of Veterans Business Development on the SBA's Veteran Small Business of Financial Assistance, VA, and the Madison Services Group.
Wednesday, December 7, 2022
1 p.m. to 3 p.m. (EST)
Thursday, December 8, 2022
9 a.m. to 12 p.m. (EST)
Larry Stubblefield, Associate Administrator, SBA Office of Veterans Business Development
Robert Bailey, ACVBA Chairperson, Veteran Small Business Owner
IATF and ACVBA Committee Members
Guest Speakers from Interagency Partners and Veterans Service Organizations
The IATF will meet on Wednesday, December 7, from 1 p.m. to 3 p.m. (EST) via this Microsoft Teams link. To join the meeting by phone instead, use 206-413-7980 and enter the Conference ID: 978023539#. The ACVBA will meet Thursday, December 8, from 9 a.m. to 12 p.m. (EST) via this Microsoft Teams link. To join by phone instead, dial 206-413-7980 and enter the Conference ID: 674127009. Public comments and questions are strongly encouraged to be submitted in advance via email by December 6 to firstname.lastname@example.org. For technical support, please visit the Microsoft Teams support page. Meeting presentations and minutes will be available after both meetings at www.sba.gov/ovbd under the "Federal Advisory Committees" section.
About the U.S. Small Business Administration
The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations.
MARKETING AND NETWORKING
Cross River | November 28, 2022
Cross River Bank (Cross River), a technology infrastructure provider that offers embedded financial solutions, today announced that along with the Brooklyn Chamber of Commerce, it has distributed $1,000-$5,000 grants to support the revitalization and recovery of local small businesses who have experienced post-pandemic challenges.
“Partnering with the Chamber has provided Cross River the opportunity to bring truly impactful philanthropy to the Brooklyn community and directly effectuate the expansion of financial inclusion among diverse communities,We are proud of the difference these funds make in the survival of these businesses and look forward to providing many more minority and women-owned small businesses with the financial support they need and deserve.”
Eugene Shvartsman, Head of Government Affairs at Cross River and Brooklyn Alliance Capital Board Member.
The grants are part of the Small Business Grant Program, a collaboration between Cross River and the Chamber, that provides financial support to minority and women-owned businesses. The program is funded by Cross River and applications are processed through the Chamber’s economic development arm, Brooklyn Alliance Capital. The Brooklyn Chamber’s partnership with Cross River on the small business grant program is truly one of the most impactful initiatives we have undertaken to help our businesses recover,” said Randy Peers, President and CEO of the Brooklyn Chamber of Commerce. “These grants go to small businesses that couldn’t access other means of support, the majority of which are minority or women-owned. On November 14th, representatives from Cross River were joined by Stevenson Joseph, Director of the Brooklyn Alliance Capital Lending Program, Matt Caserta, VP of Small Business Support at the Brooklyn Chamber of Commerce, and Luc Saint-Preux, Director of Neighborhood Outreach at the Brooklyn Chamber of Commerce for the grant distribution. Made in advance of Small Business Saturday, the most recent round of funding illustrates Cross River’s commitment to supporting small businesses and expanding financial inclusion. The Brooklyn Chamber Orchestra is committed bringing music to this generation of classical music lovers and the development of the next,” said Phil Nuzzo, Artistic Director of the Brooklyn Chamber Orchestra. “Partnering with Cross River and the Brooklyn Chamber of Commerce helps us to further our children's programming to bring classical music to future generations in underserved communities.Funds of $5,000 were distributed to the Brooklyn Chamber Orchestra in Brooklyn Heights, an organization created to enrich and inspire through music, community engagement and education, and Rash nightclub in Bushwick, a LGBTQ+-friendly establishment that was the site of an arson attack only months after opening, while patrons were inside. Top Tech Electronics in Ridgewood Heights, a store for purchasing or repairing electronic devices, received a $1,000 grant as part of an effort to serve more businesses located on Knickerbocker Ave. As a business that was only 6 months old when we had to shut our doors after a targeted arson attack, we’ve spent the rest of the year scrambling to find financing to reopen,” said Jake Sillen Owner of Rash. “Many of the traditional channels of grants and loans in the city weren’t available to us because we didn’t have years of tax returns to refer to. The money will go towards replacing our service equipment that was damaged in the fire. As a lifelong resident of NYC and first-time business owner, I’m so grateful to groups like Cross River who are providing capital to entrepreneurs in tough situations like ours.”
About Cross River
Cross River provides technology infrastructure powering the future of financial services. Leveraging its proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards, lending and crypto solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. Member FDIC.