Karima Jackson, owner of Exquisite Property Services of Newark is a graduate of the SBBRP program. (Photo provided)
The next round of registration for the New Jersey Economic Development Authority’s (NJEDA) Small Business Bonding Readiness Assistance Program (SBBRP) has officially opened. Small businesses are invited to apply through the African American Chamber of Commerce of New Jersey (AACCNJ) and the Statewide Hispanic Chamber of Commerce of New Jersey (SHCCNJ).
The program provides small businesses with training and education through a series of workshops and strategic consulting sessions designed to increase small businesses’ bonding knowledge and capacity.
Since the program first launched in 2018, 105 small, minority and women-owned businesses have graduated, with 50 of those qualifying for a total of $40 million in government contracts.
By going through the SBBRP program, Exquisite Property Services owner Karima Jackson developed the skills and accreditations to bid on government contracts, which helped the business grow from two 1099 part-time employees to eight full-time staffers since 2020.