Home | Assistance | Community | Expo | Membership | Data Search | Contact Us

June 2009 Newsletter

Orange Business Expo - June 10, 2009

2009 orange Business Expo - Empower Your Business 

The 2009 Orange Business Expo scheduled for Wednesday, June 10, 2009 is Sold-Out and will be hosted at the Yale West Campus, 137-141 Frontage Road, Orange, CT.    Curious about the facility?  Take this opportunity to visit the brand new Yale University West Campus, meet and greet our sponsors and network with peers, your potential customers & the competition.  This year's projected attendance is 500+ Visitors.

FREE AND OPEN TO THE PUBLIC
11:00 AM to 5:00 PM
 

Gold Sponsor Silver Sponsor
Cohen & Wolf, P.C.      Yale University



Orange Economic Development Commission
Southern Connecticut Gas Company Courtyard Marriott, Orange CT
New Alliance BankSam's Club
Bronze Sponsor
NORTHEAST Electronics Corporation   People's United Bank   Colonial Properties
Broker's Tour Sponsor  
Arnold Peck's Commercial World

View - 2009 Expo Floor Plan

SBA Loan Program Available to Small Business

SBA Recovery Program 

About the ARC Loan Program

ARC loans can be used to make payments of principal and interest, in full or in part, on one or more existing, qualifying small business loans for up to six months. ARC loans provide an immediate infusion of capital to small businesses to assist with making payments of principal and interest on existing debt.  These loans allow borrowers to redirect cash flow from making loan payments to investing in their businesses, to help sustain the business and retain jobs.  For example, making loan payments on existing loans with proceeds from an ARC loan can allow a business to focus more funds on core operations, such as buying inventory or making payroll.

ARC loans are interest-free to the borrower, carry a 100 percent guaranty from the SBA to the lender, and require no fees paid to SBA.  Loan proceeds are provided over a six-month period and repayment of the ARC loan principal is deferred for 12 months after the last disbursement of the proceeds.  Repayment can extend up to five years.

The best candidates for ARC loans are small businesses that in the past were profitable but are currently struggling, yet have been making loan payments or are just beginning to miss loan payments due to financial hardship. 

ARC loans are made by commercial lenders who are SBA participants. The SBA will pay these banks a monthly interest rate throughout the term of the loan.  Lenders can find more information here. Non-SBA lenders can easily become SBA participants by working with their nearest SBA district office. Businesses interested in applying for an ARC loan should first contact their current lender. 

ARC loans will be offered by some SBA lenders for as long as funding is available or until September 30, 2010, whichever comes first. 

For additional information follow the following links:
* ARC Loan Eligibility
* Applying for an ARC Loan
* Learn How SBA Can Help

Orange Marketing Program

June AdvertismentThe June Edition of the "Orange Has Appeal - Dine, Shop Enjoy" Campaign has been completed and will be advertised in the New Haven Register on Sunday, June 7, 2009.  We received Advertisements from the following Orange businesses.

1. Chip's
2. Galvin Pools
3. Inova Federal Credit Union
4. Liquid Venue
5. Nerds To Go
6. Orange Ale House
7. Orange Fence & Supply Co. Inc.
8. Orange Hills Country Club
9. Reno's Pizzeria and Family Restaurant

Production & Design was completed by Michele Collins Associates.   

2009 Advertising Rates
* 2"x 2" ad boxes are $85.00 each
* 2"x 4" = $170
* 2"x 6" or 6"x 2" = $255
* 4"x 4" = $340
* 4"x 6" = $510
* 6"x 6" = $765

This high visibility campaign will next run on Sunday July 5, 2009.  If you wish to participate in this program you are encouraged to contact the OEDC immediately, as advertisement space is limited and going quickly.  This is a great way for Orange businesses to showcase their company on a dedicated page that encourages traffic to our wonderful Town. You can feature your business in 4-color for as little as $85.00 per advertisement.  The campaign runs each month through March 2010.  Space is limited and sizes are available on a first come basis, so don't delay. 

To participate or simply inquire about the availability of advertisement space please contact Paul or Annemarie at (203) 891-1045.

Boston Post Road Banner Program

The 2008-2009 Boston Post Road Banner Program is preparing sales for the Summer Season.  Businesses interested in sponsoring a banner, may advertise their company name at any of the 11 light pole locations remaining along the Boston Post Road.  The Summer Season Banners  are expected to be installed by June 15 and will remain in place until September 15, 2009.

Banner Costs are $150.00 per season.  Banner locations are determined at the time of sale and are committed on a  first come - first serve basis.  To participate you need to simplySummer Seasonal Banner contact Paul or Annemarie at (203) 891-1045 or via email at pgrimmer@orangeedc.com.

You may download the Banner Program Brochure Application to learn more about the program, including the Boston Post Road Light locations that are currently available for sponsorship - Download Program Brochure Now.

# Location
1 2 Boston Post Road
2 15 Boston Post Road
3 79 Boston Post Road
4 85 Boston Post Road
5 85 Boston Post Road
6 89 Boston Post Road
7 93 Boston Post Road
8 100 Boston Post Road
9 109 Boston Post Road
10 549 Boston Post Road
11 576 Boston Post Road
Appendix
Orange Business Expo
Small Business Administration - Launches ARC Loan Program
Orange Marketing Program
Boston Post Road - Summer Banners

Orange Economic Development Corporation
605A Orange Center Road
Orange, CT  06477
Phone: (203) 891-1045
Fax: (203) 891-1044
Email: pgrimmer@orangeedc.com
Web: OrangeEDC.com

Officers 2007 - 2008

Alan M. Fischer, President
Fischer Real Estate
 
Armand J. Cantafio, Vice President
NORTHEAST Electronics
 
Paul Gehr, Secretary
Westport National Bank
 
Thomas Cariglio, Treasurer
The United Illuminating Company
 
Board of Directors

John Apicella
 Apicella Adjusters
Robert Archambault
 Orange Chamber of Commerce
Jordan Arovas
 Webster Bank
Nadine Azzaro
 Courtyard Marriott
Jake Bajko
 CTI Industries
Ronald Capozziello
 People's United Bank
Thomas Cavaliere
 Weichert Realtors
Tom Chaplik
 Regional Water Authority
Debbie Clancy
 Wachovia Bank
Joseph Cuzzocreo
 Resident
Louis Didinatto
 Rhode Island Distributing Company
Earl DiGioia
 Light Sources, Inc.
Frank Donroe
 Sam's Club
Roger Funk
 F & W Equipment
David Kennedy
 Reno's Pizzeria
Raymond Kostka
 New Alliance Bank
David Lepri
 Commerce Bank
Thomas Lozier
 Finlay Fine Jewelers
Linda Mariotti
 Inova Federal Credit Union
Angelo Melisi
 Melisi Food, Inc.
David Metzger
 Sign-A-Rama
Erika Oliphant
 Coldwell Banker
Michael Richetelli
 Colonial Properties
Carl Russell
 George J. Smith Real Estate
Tony Sherman
 Southern Connecticut Gas Company
Russ Smith
 Amity Construction
Judy Smith-Morgan
 Orange Hills Country Club
Brian Stone
 Sousa Stone & D'Agosto LLC
Harry Traub
 Elm Street Partners
Joseph Vittoria
 PEZ Candy, Inc.
OEDC | 605A Orange Center Road | Orange, CT 06477