Business Outreach Center Network

Name

Business Outreach Center Network

Legal name

Business Outreach Center Network, Inc.

Website

https://bocnet.org

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Government Grants and Cooperative Agreements: BOC Network receives funding through cooperative agreements with the U.S. Small Business Administration. For the Women's Business Centers, 50% of total program costs are financed with Federal funds ($300,000), with the remaining 50% from non-governmental sources ($300,000).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

BOC Network provides free business support services directly to entrepreneurs and small business owners through a network of physical Business Outreach Centers across the NYC Metropolitan area. Core offerings include one-on-one business counseling, digital workshops, training programs, access to capital through BOC Capital Corp (a CDFI providing loans up to $250,000), incubator workspace, and specialized programs for women entrepreneurs, industrial firms, and minority business enterprises.

Product overview

BOC Network is a business support organization offering a multi-faceted portfolio of programs and services designed to help entrepreneurs start, fund, and grow their businesses in the New York City Metropolitan area and Newark, NJ. The core offerings include BOC Capital Corp. (providing loans up to $250,000 and business development assistance), the BOC Business Outreach Centers network (offering counseling and guidance), the BXL Bronx Incubator (providing co-working space and business support), Ascend NYC (Money, Markets and Management program), BOC Women's Business Centers, Entrepreneurship Assistance Centers, Childcare Business Development Project, Manhattan MBDA Business Center, and Industrial Business Services Project. These are supported by three main service pathways: Build Your Business, Fund Your Business, and Grow Your Business, which provide bilingual counseling, technical assistance, financing connections, and market access to microenterprises and small businesses.

Differentiator

Problem solved

Functional benefit

Brands

• BOC Capital Corp. A community development fund initiative that provides flexible, customized term loans up to $250,000, purchase order and contract-based loans, as well as ongoing business development assistance to qualified applicants.
• BOC Women's Business Centers
• BXL Bronx Incubator
• Ascend NYC
• Entrepreneurship Assistance Centers (EAC)
• Industrial Business Services Project
• Childcare Business Development Project
• Manhattan Business Center (MBDA)

Products and services

• BOC Capital Corp. A community development fund (CDFI) that provides flexible, customized term loans up to $250,000, purchase order and contract-based loans, and ongoing business development assistance to qualified applicants in the NYC Metro area.
• BOC Business Outreach Centers Network of 7+ physical Business Outreach Centers across NYC Metropolitan area (Brooklyn, Bronx, Queens, Manhattan, Chinatown/LES, Newark, Long Island) providing one-on-one needs assessment, business planning, marketing, management guidance, and access to resources and markets for entrepreneurs.
• BXL Bronx Incubator The first state-of-the-art incubator and co-working space in the South Bronx, providing modern end-to-end support including 24/7 workspace, digital connectivity, office technology, conference rooms, and in-house business, legal, and tech support through month-to-month memberships.
• Ascend NYC A collaborative initiative that grows high potential businesses through a holistic Money, Markets and Management (3-M) Model, partnering with anchor institutions to unlock access to purchasing streams in inner-city communities.
• BOC Women's Business Centers SBA-funded centers offering business training, one-on-one counseling, networking, and financing resources to help women entrepreneurs start and grow their businesses, with locations in Brooklyn, Staten Island, Bronx, and Upper Manhattan.
• Entrepreneurship Assistance Centers (EAC) Centers providing holistic training, hands-on coaching, and ongoing technical assistance to help entrepreneurs develop business management skills, refine business concepts, and obtain financing. Includes the Harlem EAC at NYWCC.
• Childcare Business Development Project Program helping home-based childcare providers start and enhance their businesses through in-depth training, business planning, free legal and tax assistance, and access to grants and loans, while meeting NY state-mandated training requirements.
• Manhattan MBDA Business Center One of 40 MBDA business centers providing technical assistance and strategic business consulting to help minority-owned clients achieve higher levels of growth and competitiveness domestically and internationally.
• Industrial Business Services Project Assistance program for small and medium-sized industrial, manufacturing, transportation, and construction firms in New York City, with focus on Steinway and Maspeth Industrial Business Zones in Queens, providing access to incentives, rebates, loans, energy cost savings, expansion and relocation support, and workforce development.
• Build Your Business Service Free, bilingual resources, technical assistance, and access to capital for aspiring entrepreneurs including individualized needs assessment, business plan development, and technology tools.
• Fund Your Business Service Identification of affordable and flexible financing options, credit counseling, financial literacy, and connection to sources of financing for start-up, cash flow, and growth.
• Grow Your Business Service Services for established small businesses including strategic planning, networking, mentoring, management coaching, financial planning, technical assistance, marketing, sales strategies, and government procurement.

Quantifiable outcome

• 400% revenue growth achieved by CleanWork Solutions (2017-2019)
• +3 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

20 partnerships are on record, tiered core and minor.

• Brooklyn Public LibrarycoreStrategic or Co-development PartnerPartnership providing business resources and library access to entrepreneurs and small business owners in Brooklyn.
• CUNY Professional Development InstitutecoreStrategic or Co-development PartnerPartnership offering professional development and educational resources for BOC clients and program participants.
• Columbia University Facilities and OperationscoreStrategic or Co-development PartnerPartner in Ascend NYC initiative; connects BOC clients to anchor institution supply chains and procurement opportunities.
• Bronx Community CollegecoreStrategic or Co-development PartnerEducational partnership supporting workforce development and entrepreneurship training programs.
• Hofstra University Business SchoolcoreStrategic or Co-development PartnerPartnership through Ascend Long Island program at Frank G. Zarb School of Business.
• Women's Enterprise Development Center Westchester, NYminorStrategic or Co-development PartnerRegional partnership supporting women entrepreneurs in the greater New York area.
• LiftFundminorChannel Partner/ Reseller/ DistributorMicrolender partner providing additional financing options for entrepreneurs who may not qualify for BOC's direct programs.
• Association of Neighborhood and Housing DeveloperscoreStrategic or Co-development PartnerLinkage partner connecting BOC to community development networks and housing development ecosystem.
• Child Development Support CorporationminorStrategic or Co-development PartnerPartner supporting childcare business development programs and services.
• International Rescue CommitteeminorStrategic or Co-development PartnerPartnership supporting refugee and immigrant entrepreneurs in starting and growing businesses.
• SolarOneminorStrategic or Co-development PartnerPartner in sustainable business and green economy initiatives for entrepreneurs.
• Pratt CentercoreStrategic or Co-development PartnerEconomic development partner supporting community-based business development in Brooklyn.
• Start Small Think BigminorStrategic or Co-development PartnerPartner providing direct services to low-income entrepreneurs including legal, tax, and marketing support.
• SBIDCminorStrategic or Co-development PartnerSmall Business Incubator and Development Corporation partnership.
• Ridgewood LDCminorStrategic or Co-development PartnerLocal Development Corporation partner supporting businesses in Ridgewood area.
• Maspeth Industrial Business AssociationminorStrategic or Co-development PartnerAssociation partnership supporting industrial businesses in the Maspeth Industrial Business Zone.
• Consortium for Worker EducationminorStrategic or Co-development PartnerPartner providing workforce development and educational programs for workers and entrepreneurs.
• Evergreen ExchangeminorStrategic or Co-development PartnerCommunity development partner supporting sustainable economic initiatives.
• Bronx Cooperative Development InitiativecoreStrategic or Co-development PartnerCore partner in Ascend NYC initiative supporting cooperative economic development in the Bronx.
• Bank of the WestminorStrategic or Co-development PartnerPartner providing mentoring program through BOC Women's Business Center.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Regional players

• CAMBA: CAMBA is a large Brooklyn-based nonprofit offering economic development, business services, and workforce programs — overlapping with BOC's NYC small business development mission.
• Bedford Stuyvesant Restoration Corporation: BSRC is a Brooklyn-based community development corporation offering business support and economic development services. Comparable as a NYC-focused nonprofit serving minority and low-income entrepreneurs.
• Asian Americans for Equality: AAFE is a NYC-based nonprofit providing business development, lending, and community economic development services to Asian American and immigrant entrepreneurs in BOC's service geography.

Emerging players

• Women's Business Enterprise National Council (WBENC): WBENC focuses on certification and corporate procurement access for women-owned businesses, overlapping with BOC's Women's Business Centers mission around women entrepreneurship.

Direct peers

• Accion: Accion is a global nonprofit providing small business loans and advisory services to underserved entrepreneurs; directly comparable to BOC's integrated lending-plus-support model.
• Grameen America: Grameen America is a CDFI providing microloans and business support to underserved entrepreneurs, with similar community-development and small-dollar lending profile to BOC Capital Corp.
• Small Business Development Centers (SBDC): SBA-funded SBDCs provide no-cost advisory and training to small businesses across the U.S. Directly comparable as a federally supported small business support network with similar programming.
• LiftFund: LiftFund is a CDFI providing small business loans and support to underserved entrepreneurs; already a BOC partner and directly comparable as a microlender serving similar demographics.
• SCORE: SCORE is the largest SBA resource partner network offering free business mentoring and counseling to entrepreneurs nationwide. Directly comparable to BOC's core outreach/advisory model, though operating at national scale.
• Start Small Think Big: Start Small Think Big provides free legal, tax, and marketing services to low-income entrepreneurs in NYC; directly comparable as a BOC partner delivering complementary pro-bono business services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/GranolaLlc
• LinkedInlinkedin.com/company/business-outreach-center-network

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries8 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Business Outreach Center Network