American Management Association Receives Empire State Development Grant To Provide Training For Small Businesses In Lower Manhattan

NEW YORK, July 24, 2002—American Management Association (AMA) has received a $250,000 grant from Empire State Development (ESD) to provide technical assistance services to small businesses in lower Manhattan. AMA’s Corporate Learning Services division will provide training and development programs specifically for those businesses south of 14th Street that have been affected by the World Trade Center disaster on September 11. Programs will focus on strategic planning, marketing, sales, finance and general business management.

“We are pleased to be working with Empire State Development and those small business owners who are struggling in lower Manhattan,” said Bob Fraulo, AMA’s senior vice president, Corporate Learning Services. “AMA has been a New York City-based institution for more than 78 years and we welcome this opportunity to assist our fellow businessmen and women by providing them with training and skills they need to help rebuild their businesses in the downtown community.”

AMA is among 23 New York City-based institutions selected to assist the city and state with implementing the services for this program. These community-based and other service providers are available to small businesses throughout the affected area and will offer a comprehensive range of services. The Technical Assistance Program is part of the $700 million appropriation from the U.S. Department of Housing and Urban Development.

“Small businesses are an important part of the character and vitality of any community, but especially of lower Manhattan,” said ESD Chairman Charles A. Gargano. “At this time, these businesses need our support so they may move beyond these challenging times. Under the leadership of Governor Pataki and Mayor Bloomberg, the State and City have continued to reach out to the small business owners of lower Manhattan to develop sensible and generous programs that will continue to help New York City rebuild, recover and rebound from the horrible events of September 11.”

American Management Association is the world’s leading membership-based management development organization. It is distinguished by the quality of its faculty, the practical, action-oriented focus of its learning programs and the dynamic, interactive nature of its courses. AMA offers a full range of business education and management development programs for individuals and organizations in the Americas, Asia and Europe. More than 500,000 AMA customers and members a year, including 486 of the Fortune 500 companies and many government agencies, learn superior business skills and best management practices through a variety of seminars, conferences and executive briefings, e-learning and self-study courses, books, research studies, and on-site and customized learning solutions.


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