named programs · 5 · from sources
What they call their work
Building Electrification Exchange
Workshops providing insights into building electrification trends, policy, and business opportunities.
Gear Up For Green
Education series on green energy, geothermal systems, and sustainability practices for small businesses and contractors.
Joint Ventures in Construction and Renewable Energy
Forum to explore collaboration opportunities in construction and clean energy sectors for local firms.
Made in NYC x SBIDC Sunset Park Factory Tour
Guided tours showcasing local manufacturing operations in Sunset Park to promote visibility and business connections.
We Source NYC Happy Hour
Networking events connecting local suppliers with corporate procurement opportunities, hosted at various industrial sites.
activities · 9 groups
What they do
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Startup Acceleration & Business Growth Support 1 activity
- Administer Plan for Growth business development programOperates Plan for Growth, a cohort-based business management and leadership program for manufacturers, makers, and creative entrepreneurs in Southwest Brooklyn, offered multiple times per year with specialized tracks including finance bootcamps. The program has graduated over 160 businesses since 2016 and provides weekly access to expert instructors in leadership, strategy, finance, marketing, sales, and management.
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Urban Resilience Planning & Advocacy 1 activity
- Advocate for industrial business zones and maritime infrastructureAdvocates for the revitalization and climate-resilient development of industrial areas in Southwest Brooklyn, including co-convening the Sunset Park Task Force for the South Brooklyn Marine Terminal, creating a revitalization plan for Red Hook’s Industrial Business Zone, and securing a 2018 City commitment to invest in the Gowanus Industrial Business Zone.
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Urban Policy and Equity Research 1 activity
- Conduct research and feasibility studies for industrial developmentConducts research and feasibility studies to inform industrial redevelopment, including a study for a light manufacturing center at 41 Richards Street in Red Hook that recommended 30 small manufacturing spaces to create over 125 jobs.
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Local Business Financing and Incentives 1 activity
- Deliver business technical assistance and advisory servicesProvides free technical assistance to small and medium industrial and manufacturing businesses in Southwest Brooklyn across six service areas: incentives, financing, government navigation, real estate, procurement, and M/WBE certification. Connects businesses to lenders offering SBA loans, term loans, and lines of credit, and maintains a network of local realtors to support commercial real estate searches.
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Workforce Readiness Training 1 activity
- Facilitate workforce development and job placementConnects local employers with job seekers through the Sunset Park Economic Mobility Network and implements annual workforce development projects to expand employment and training opportunities in innovation industries such as the green economy, life sciences, light industrial tech, and creative sectors.
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Women Entrepreneurs Grant Programs 1 activity
- Fund microgrants for green economy market accessFunds approximately 20 microgrants of up to $5,000 each (totaling $50,000) to support local suppliers, particularly minority and women-owned businesses, in accessing offshore wind and building electrification markets.
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Clean Transportation Adoption & Infrastructure 1 activity
- Promote barge transportation and reduce truck trafficFacilitates barge transportation of approximately 2.5 million tons of goods annually via the Gowanus Canal, removing an estimated 105,500 trucks from local roads each year.
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Professional Networking Events 1 activity
- Provide business networking and outreach eventsHosts networking happy hours under the We Source NYC initiative, organizes online training series and factory tours in partnership with Made in NYC, and connects small businesses with lending partners through organized events.
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Energy Policy Advocacy & Research 1 activity
- Support green economy business opportunitiesRuns and partners on three projects to advance opportunities for industrial businesses in the green economy, with a focus on inclusion of minority and women-owned businesses. Produces and distributes a monthly newsletter called Wind Connections and hosts educational workshops on geothermal energy and building electrification.
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financials · form 990 · fy2024
revenue
Total revenue$1.33M
Contributions & grants$1.21M91%
Program service revenue$00%
Investment income$830%
Other revenue$118K
expenses
Total expenses$1.41M
Program expenses80%
Admin / overhead18%
Fundraising2%
Salaries & benefits$846K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$1.95M
Cash$630K
Investments$0
Liabilities$619K
Net assets$1.34M
Liquid reserves5.3 mo
6 years on record · 2019–2024 · YoY revenue -35.8%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| JESSE SOLOMON | EXECUTIVE DIRECTOR | 40 | $183K |
board members · 14
- ALAN PETRILLI — DIRECTOR
- ALAN SAGE — DIRECTOR
- BLAKE TOMNITZ — DIRECTOR
- CHRISTOPHER MURTHA — DIRECTOR
- EILEEN THORNTON VAZQUEZ — DIRECTOR
- ELIZABETH DEMETRIOU — SECRETARY
- IRINA CONSTANTINE — DIRECTOR (THRU SEPT 2024)
- JEFFREY LEE ROMERO — CHAIRPERSON
- MICHAEL DIMARINO — DIRECTOR
- MICHAEL JEFFREY SPINNER — DIRECTOR
- MIKE STAMATIS — DIRECTOR
- PAUL GEVERTZMAN — DIRECTOR
- STEPHEN GIUMENTA — DIRECTOR
- SUSAN FERMISCO — TREASURER
relationships · 32
Who they work with
- BOC Capital Partner — Partner organization in We Source NYC or related green economy initiatives.
- Brooklyn Navy Yard Development Corp Partner — Member organization listed on SBIDC's members page
- Brooklyn Workforce Innovations Partner — Member organization listed on SBIDC's members page
- Eastman Real Estate Partner — Member realtor in SBIDC's network assisting businesses with commercial real estate in Southwest Brooklyn.
- Empire Wind Funder — Funder of We Source NYC or related green economy programs.
- Evergreen Exchange Partner — Partner organization in We Source NYC or related green economy initiatives.
- Fujitsu Partner — Hosts a We Source NYC happy hour event to foster connections among suppliers and industry stakeholders.
- Gowanus Neighborhood Coalition for Justice Coalition — Founding member of a diverse coalition advocating for social, economic, environmental, and racial justice in the Gowanus neighborhood planning process.
- Growing Green Partner — Partner organization in We Source NYC or related green economy initiatives.
- IWA Institute for Workforce Advancement Partner — Partner organization in We Source NYC or related green economy initiatives.
- Industrial Jobs Coalition Coalition — Citywide alliance advocating for manufacturing preservation in New York City; SBIDC is an active member.
- Industry City Associates Partner — Member realtor in SBIDC's network assisting businesses with commercial real estate in Southwest Brooklyn.
- J&M Special Effects Partner — Supported in relocation and zoning navigation
- MPN Boilers Partner — Participates in a We Source NYC Lunch & Learn event to connect with local suppliers.
- Made in NYC Partner — Collaborates on factory tours and networking events to promote local manufacturing in South Brooklyn.
- NY Small Business Funders Collective Funder — Funder of We Source NYC or related green economy programs.
- NY State Empire State Development Government — Funds the Plan for Growth program through its Entrepreneurship Assistance Center program.
- NYC SBS Government — SBIDC holds an Industrial Business Service Provider contract with NYC SBS.
- New York City Government — Engaged with city agencies to secure investment commitments and shape planning for the Gowanus Industrial Business Zone.
- New York City Economic Development Corporation Funder — Primary funder of We Source NYC or related green economy programs.
- New York City Economic Development Corporation Government — Funds the Sunset Park Economic Mobility Network as a multi-year project.
- New York State Department of State Government — Received a Brownfield Opportunity Area grant from the agency to support revitalization planning in Red Hook.
- Oswald Supply Partner — Hosts a We Source NYC happy hour event to support supplier engagement in industrial sectors.
- Realty Collective LLC Partner — Member realtor in SBIDC's network assisting businesses with commercial real estate in Southwest Brooklyn.
- Salmar Properties LLC Partner — Member realtor in SBIDC's network assisting businesses with commercial real estate in Southwest Brooklyn.
- Salvatore Basile Inc Partner — Member realtor in SBIDC's network assisting businesses with commercial real estate in Southwest Brooklyn.
- Studio Atomic Partner — Member business receiving support from SBIDC
- Sunset Industrial Park LLC Partner — Member realtor in SBIDC's network assisting businesses with commercial real estate in Southwest Brooklyn.
- Terra CRG Partner — Member realtor in SBIDC's network assisting businesses with commercial real estate in Southwest Brooklyn.
- The Grow America Fund Partner — Co-hosts a "Meet The Lender" event to connect small businesses with financing opportunities.
+ 2 more
strategies · 5
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Cohort-Based Entrepreneurship Training for Peer Growthmethodology: cohort-based trainingBy using multi-week cohort-based programs focused on finance and growth, we build entrepreneurial capacity because shared learning and peer accountability enhance skill retention and business development outcomes.
- Equitable Industrial Economy as Pathway to Resiliencemethodology: industrial-economy-for-equityBy advocating for a strong, barge-dependent industrial economy and shaping infrastructure policy, we promote equitable economic recovery and climate resiliency in working-class Brooklyn neighborhoods because industrial access and transportation equity are foundational to inclusive prosperity.
- Inclusive Supply Chain Integration for Green Economymethodology: inclusive_economic_developmentBy providing targeted technical assistance and readiness training, we connect minority- and women-owned businesses to emerging clean energy supply chains because early integration into high-growth sectors like offshore wind produces long-term business sustainability and reduces economic inequity.
- Integrated Business Support for Resiliencemethodology: integrated-business-supportBy delivering coordinated technical assistance, access to capital, and certification support as a bundled offering, we strengthen small business resilience because integrated services address interconnected barriers more effectively than siloed interventions.
- Walk-to-Work Economic Mobility Modelmethodology: walk-to-work modelBy connecting local residents to waterfront jobs within walking distance, we advance economic mobility because proximity reduces transportation barriers and increases job retention and career advancement among Sunset Park families.