Morris County Economic Development Corporation Announces
Strategic Partnership with NJSBDC at Fairleigh Dickinson University
Florham Park, NJ — October 25, 2022 — The Morris County Economic Development Corporation (MCEDC) and the New Jersey Small Business Development Center at Fairleigh Dickinson University (NJSBDC at FDU) are proud to announce a strategic partnership designed to expand access and opportunities for small business counseling, support services, market research, and training to drive economic growth in Morris County. Through this partnership, existing and new businesses can obtain low- and no-cost assistance at two locations within Morris County: The MCEDC’s facility in Florham Park, or, at the NJSBDC at FDU’s new office on FDU’s Florham Campus in Madison, as well as by phone or video conference.
The NJSBDC network provides comprehensive assistance to small and medium businesses to maximize opportunities for growth and generate economic impact statewide. In February 2022, the NJSBDC of Northwest Jersey relocated to Fairleigh Dickinson University’s Florham Campus in Madison. The center is now known as the NJSBDC at Fairleigh Dickinson University and serves Morris, Sussex, and Warren counties.
The common thread shared between the two organizations is Craig Schlosser, who became Managing Director of the MCEDC in January 2022. Prior to stepping into his role, Schlosser met and worked directly with NJSBDC State Director and CEO Kelly Brozyna through his role as President of First Night Morris County. In May of 2021, as Brozyna and Regional Director, Matt Wells continued the search for the NJSBDC of Northwest Jersey’s new home, Schlosser’s in-depth knowledge of Morris County resulted in connecting the NJSBDC team with Jeff Garibaldi, Jr., owner of The Station Coworking Space in Chatham. The NJSBDC of Northwest Jersey successfully relocated to Morris County and called The Station its home from May of 2021 to August 31, 2022.
“Craig was quick to recommend Morris County due to its growing and innovative economy, as well as its ideal location and proximity to Sussex and Warren Counties,” said Brozyna. “Since stepping into his new role at the MCEDC, the relationship has continued to evolve to support both our organizations through cross promotion, expanding business counseling, joint programs, and research projects along with working together to spread the word about the Morris County Small Business Grant Program. Now that we have found our permanent home in Morris County at FDU, we are looking forward to continuing to drive economic growth and supporting Morris County small businesses in partnership.”
“While the NJSBDC at Fairleigh Dickinson University may now have a new name, its history as the NJSBDC of Northwest Jersey has supported business and economic growth for Morris, Sussex, and Warren Counties for more than two decades, and I am extremely proud of this partnership,” says Schlosser. “With our strong, innovative economy and central location, Morris County is a great place to start, relocate, or expand your business, and I am thrilled that the NJSBDC decided to make Morris County its new home. Creating more opportunities for Morris County business owners to access NJSBDC services and grow their businesses is a win for our regional economy and for our communities.”
In addition to the NJBSDC at FDU’s office in Madison, the MCEDC’s facility in Florham Park is a satellite location that provides one-on-one small business counseling, assistance with business planning, joint research services, and hosts the NJSBDC’s Regional Director Meetings as well as small business training, including the recent Introduction to Entrepreneurship and Beyond (IEB) series. The IEB was a 4-part training series organized through the partnership and hosted by the MCEDC that walked attendees through the process of starting their businesses and assembling an SBA-approved business plan. The program had over 60 participants.
“I’ve been providing business counseling for over 10 years, and I know from experience that having a business mentor really WORKS,” said Ed Ramirez, Director of Outreach and Business Resources, Morris County Chamber and Morris County Economic Development Corporation. “This exciting partnership expands the resources, counselors, and training opportunities here in Morris County, and so we can assist even more business owners. This is a great win for Morris County.”
“Thanks to Craig’s relationship with the NJSBDC and the efforts of the entire MCEDC Team, the Morris Chamber continues to fulfill our mission of supporting businesses and growing the economy of Morris County,” said Meghan Hunscher, President and CEO of the Morris County Chamber of Commerce. “I am thrilled about the partnership and am eager to watch Morris County businesses grow and succeed as a result.”
“Small businesses have always been the backbone of our local economy, and Morris County has a long history of supporting them,” said Morris County Commissioner Director Tayfun Selen. “We welcome every opportunity to enhance that support and are delighted the NJSBDC is making its home here.”
Businesses interested in receiving no-cost business counseling and other services can learn more and request assistance in English and Spanish from the MCEDC by visiting https://www.morriscountyedc.org/edc-business-counseling/, and from the NJSBDC at FDU by visiting https://njsbdc.com/northwest-new-jersey/
About the MCEDC
The Morris County Economic Development Corporation (MCEDC) is focused on attracting, retaining, and expanding business in Morris County. The MCEDC is a division of the Chamber and public / private partnership between the Morris County Commissioners, the Morris County Chamber of Commerce, and the business community. For more information, visit https://www.morriscountyedc.org
About America’s SBDC New Jersey (NJSBDC)
The New Jersey Small Business Development Centers network, one of the first pilot projects in the nation, has provided comprehensive services and programs for small businesses in New Jersey for 45 years; SBDC experts help businesses expand their operations, manage their growth, or start new ventures. Expert staff and practicing business consultants help small
business owners and entrepreneurs to develop business plans, find financing, accounting, and financial analysis, identify new markets, initiate marketing strategies, find procurement and international trade opportunities, learn green sustainability practices, commercialize technology and develop an E-commerce presence. This non-profit network, a federal-state-educational partnership, leverages funding from the U.S. Small Business Administration (SBA), the N.J. Business Action Center, the educational institutions that host the 11 regional centers as well as other private sponsorships and additional private/public grants. The NJSBDC State Office, located at the Rutgers Business School in Newark, NJ, oversees the network which is an accredited member of America’s SBDC. Approximately 1,000 centers and satellite offices serve small businesses across the country, generating jobs and economic development. For more information, visit www.njsbdc.com