Schenectady

Community Loan Fund Business Spotlight: Coiled, A Textured Salon

February 18, 2019 By upstatecreative

Lavida Barkley began braiding hair at the age of 12, and what began as a hobby gradually became a profession starting with her first “client” at the age of 15 . “I relied on hair braiding off and on for years, while living in the Capital Region, to Atlanta Georgia, and back.” When she returned to the Capital Region to get better services for her son who is on the autism spectrum, she decided not to return to a traditional job position and instead started her own business, called Coiled: A Textured Salon. Lavida says, “I did business development programs and was denied funding in the program. I even went to a local credit union for financial support. The programs had a lack of diversity, it was tough to get them to understand what I was trying to do.”

Typically, natural hair salons don’t do chemical treatments and focus instead on textured hair health. Many times these hair types are neglected in the mainstream industry, but that began to change with the natural hair movement of the 2000s. Statistics show that more women are embracing their natural hair, and the industry has seen a major shift in the past decade.

When Lavida connected with the Community Loan Fund, she said she noticed a difference right away. “They were kind and helpful. They took the time to review my business plan and helped me through it all, from start to finish.” She also mentioned that the team was more diverse than other potential lenders, and had more understanding of what she was trying to do. After a few months, Lavida was able to launch her business in her own space at 1305 Nott Street, Schenectady. For a lot of small businesses, having some sort of financial support is necessary when it comes to achieving their goals. Unfortunately, the community loan fund isn’t available for everybody but small businesses can still use sites like https://l3funding.com/line-of-credit to find a line of credit and fund their dreams. This is useful for business owners. There are so many things that a business owner needs to pay for, so loans and financial support can be really beneficial. Something that would probably benefit business owners would be more affordable access to broadband. In the UK, the Labour government had promised to give homeowners and business owners wider access to cheap broadband, according to this article here. If only the United States would offer their small business owners something similar to this. It could really help some people to chase their business dreams.

“I am blessed to have clients who travel from Vermont, Boston, and western New York to be served because they know the offerings are customized for their curl. I don’t believe there are limitations based on where a business is located or who it’s surrounded by. My salon is tailored for ALL curl types, from coils and curls to waves and my specialty is what sets me apart from other businesses.”

“Having moved away from the area for a year and returning was eye-opening. I can attribute my awareness of my calling to that experience. I know now that if I moved through life with a little more faith and fearlessness that my journey would have started much sooner. I am not where I will end up yet, but I hope to encourage others who may want to make the leap but are paralyzed by fear. I don’t want to look back on my life when I’m older and have ‘should have, could have or would have’ rolling around in my head.”

Lavida says, “If it’s something positive in the capacity of serving others… move without regret.”

The Community Loan Fund offers a variety of lending options and continued support for businesses like Coiled: A Textured Salon. Traditional banks and credit unions would call this a high risk, and it would be highly unlikely that the loan would be approved. The Community Loan Fund offers reviews on a case-by-case basis for its financial viability and positive social impact. If you are looking to expand your business, you can get more information and set up a time to talk with someone at The Community Loan Fund by clicking here.

Community Loan Fund Business Spotlight: Dance Fire Studio & Fitness

January 24, 2019 By upstatecreative

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The Community Loan Fund has been helping businesses and individuals be successful since 1985 and offers a variety of programs and resources. They provide access to capital for microenterprises and freelancers for business development. This article is a part of a series that highlights local businesses who have benefitted from a Community Loan Fund Loan. Other businesses may have used a usda b&i to help them get the necessary help with their company growth.

Natalia and Florin Vlad opened Dance Fire Studio & Fitness in 2017, because they wanted to start a business that would offer world-class ballroom dance lessons to the Capital Region. Natalia says that they especially wanted to be independently owned, “because we don’t have the same restrictions as other dance studios. If we need to switch something, we can. We have the freedom and flexibility to create the best experience for our clients.” Although starting and running a business can be incredibly demanding, the rewards are there for everyone to see. You can read this guide if you want some advice on starting a business. Natalia and Florin also keep their own dance careers in full swing — they are three-time national finalists, and compete in both national and international competitions,most recently in Paris.

Scaling Up

Dance Fire had been renting space to do their dance lessons but they knew they wanted a space of their own, and that they would need a loan to open a “dance home” that everyone could benefit from. They began working with the Small Business Development Center, who helped them create a business plan. Someone at the center recommended the Community Loan Fund for lending options, because their business was nontraditional.

Every business has to start somewhere, and most start off in a similar position, which is why the need to create a business plan has never been so great. This is because it helps you to lay out all of your foundations in great detail, specifically your finances. By establishing this, you will be able to determine your financial path for the foreseeable future, and with the help of Synario and their scenario analysis model, you can base these types of decisions on possible outcomes, which will only help your success in the long run. But always having that extra bit of help to start with is always beneficial, and looking into a Community Fund Loan is never a bad first step to take.

Upon contacting the Community Loan Fund, they were matched up with Destiny, a loan support representative. “The process wasn’t just an application. You have to present to a group of investors and Destiny helped us prepare for that” Natalia said. “We felt supported through the entire process, from reviewing our business plan, to the presentation, The Community Loan Fund was a great help. To this day, if we need support, we know we can count on The Community Loan Fund.” The process took 8 months from start to finish, and in November 2017 they opened Dance Fire Studio & Fitness, with 4,400 sq ft of floating wooden dance floor, a temperature controlled facility, a high quality sound system, changing rooms, and more. “We knew we wanted a high quality space. We wanted to do it right- create a place for our students to have access to a quality studio and feel comfortable.”

When asked why Natalia and Florin decided to open their business in the Capital Region, they said,”The location is great, it’s close to major cities. All the businesses in the area want you to succeed. The sense of community is just different. And the cost of living allows us to have a facility that would be much harder to get in New York City!”

The Community Loan Fund offers a variety of lending options and continued support for non traditional businesses like Dance Fire Studio & Fitness. Many traditional banks would call this a high risk, and it would be highly unlikely that the loan would be approved. The Community Loan Fund offers reviews on a case-by-case basis for its financial viability and positive social impact. If you are looking to expand your business, you can get more information and set up a time to talk with someone at The Community Loan Fund by clicking here.

Community Loan Fund Business Spotlight: The Makeup Curio

January 14, 2019 By upstatecreative

The Community Loan Fund has been helping businesses and individuals be successful since 1985 and offers a variety of programs and resources. Although there are other loans small business can get onboard with, such as those from smallbusinessloans.co, the Community Loan Fund provide access to capital for microenterprises and freelancers for business development. This article is a part of a series that highlights local businesses who has benefitted from a Community Loan Fund Loan, like The Makeup Curio, and have used it to build their business.

Jenn Dugan at The Makeup Curio started her business officially in August 2016 in her home, but when she wanted to expand her business to include facials, she knew she wanted to do it right- and that required her to not only have her aesthetics license but an actual space to run her business in.

She opened the store in October 2017 with the help of a Community Loan Fund Loan.

“It was a gradual progression and took about 4 months from start to finish,” Jenn says.

When asked what advice she has for other creatives and aspiring aestheticians, Jenn says, “Be patient, it’s hard, but it will come when it’s meant to.”

Jenn began as a costume designer with an emphasis in theatre. Many in this job position also have to do makeup as well, so her first job involved both. She started out as a self-taught hair and makeup stylist, and she does not do “real hair” she styles wigs to be worn for costumes.

Jenn’s love for makeup began to develop and she transitioned to full-time makeup artistry about six years ago. Two years later, she began doing professional makeup regularly for special events, weddings, galas, and of course Halloween makeup. She has also been able to enjoy doing work in theater by teaming up with local high school theater programs to do makeup and hair. This way she is able to bridge the gap between makeup artistry and theatre, and still do what she loves.

She has morphed her business in to two parts – “the “Beautiful” and “the Unusual” – allowing her to do classic event or gala makeup but also to get creative with theatrical and Halloween makeup as well. Jenn says this allows her to be creative and she loves doing both.

There is a strong seasonality to her business. In summer, she helps with theater camps and does makeup appointments on the weekends for special events. In the fall, special events continue with the wedding season, and Halloween is another busy time of year.

October has been her busiest month recently. “People forget that wedding season goes through October,’ Jenn says. “There are days when I have a wedding in the morning, then head over to an event makeup appointment, and then have someone who wants Halloween costume makeup later that evening.” Whilst this is great for her business, it can make filing her taxes a little bit more difficult! With the extra business and income, there will be more to report when she files her taxes. Taxes can be difficult to file anyway, which is why some businesses get in contact with Dave Burton to help them out. In those busier months, it might be a good idea to get some extra help when filing taxes, just to check they’ve been done correctly.

Jenn’s ability to secure a loan from The Community Loan Fund has allowed her to run her business in a space that meets her needs and gives her room to hone her craft even further. When asked why she loves to run her business in the Capital Region, she says “There are so many creatives and collaboration is easy. People actually want others to succeed, and they are supportive of each other.” Others looking to launch a business of their own may want to look towards the services of atlantic union bank to secure a business loan that will set them on the path towards success.

The Community Loan Fund offers a variety of lending options for non-profits, small businesses, freelancers, entrepreneurs, and more. Let’s say you are a freelance photographer and you need $1,000 to cover the cost of upgrading your equipment. The Community Loan fund is more likely to approve a loan for this expense over a traditional bank. Many traditional banks would call this a high risk, and it would be highly unlikely that the loan would be approved. The Community Loan Fund offers reviews on a case-by-case basis for its financial viability and positive social impact. If you are looking to expand your business, you can get more information and set up a time to talk with someone at The Community Loan Fund by clicking here. If like Jenn you’re starting your own business or you already run you’re own, then I suggest taking a look at Salesforce who help shape businesses across all industries by providing information on digital technology and how its transformation will help with promoting your business.

Creative Economy Mixer at Electric City Barn: Photo Highlights

December 10, 2018 By upstatecreative

Our December Creative Economy Mixer was at the regions hottest new maker’s space, the Electric City Barn in Schenectady. December’s event featured drinks by Frog Alley Brewing, music by Shiri Zorn and George Muscatello, and a panel discussion moderated by Kat Koppett, Founder of KOPPETT, and Kristin Diotte, Director of Planning, Zoning and Community Development for the City of Schenectady, focuing on the role of the Creative Economy in downtown and community development. Thanks to our sponsors MVP Health Care, Community Loan Fund, and Redburn Development: The Fitzgerald Building, and our promotional partners Mopco and Koppett, Discover Schenectady and Black Dimensions In Art, Inc. Produced in partnership with 2440 Design Studio and WMHT.

Local Producer Commemorates Juneteenth with ‘Talk Eat Art’ Event

June 6, 2018 By upstatecreative

[cs_content][cs_section parallax=”false” style=”margin: 0px;padding: 45px 0px;”][cs_row inner_container=”true” marginless_columns=”false” style=”margin: 0px auto;padding: 0px;”][cs_column fade=”false” fade_animation=”in” fade_animation_offset=”45px” fade_duration=”750″ type=”1/1″ style=”padding: 0px;”][cs_text]Every year on June 19th, Black Americans celebrate “Juneteenth” to commemorate the day Union Officer General Gordon Granger issued an order to slave masters in Galveston, Texas to free enslaved Africans.

*Kaciem Swain, Founder and Creative Director of Velvet Rope Group*

This was necessary since the Emancipation Proclamation, announced by President Lincoln about three years before, did not have jurisdiction over Confederate states like Texas and technically didn’t free a single enslaved Black person. Even after it was law, there was minimal support in enforcing the law.

In the Capital Region, a local entrepreneur is producing an event that not only celebrates the Emancipation of Black people, but celebrates the creative impact Black people have made in the region. Through art, poetry and music, Talk Eat Art, or T.E.A. is an event that has been happening for 4 years in the Capital Region, but this year, the event also commemorates an important day in Black History.

Kaciem Swain (aka @CampaignSwain) is the Founder and Creative Director of Velvet Rope Group, an experiential special events company. He says he decided to celebrate freedom and economic development for people of color rather than a history of slavery and inequality. Six venues, over a thousand tickets sold, and 100 performances later, this year’s event will be held at Proctors Theatre on June 15th.

Swain wants to provide a platform for artists, musicians, and creatives of color to share their talents. His event promotion career began as a teenage protegee with a series called “Rock The Mic.” That started Swain on a path to creating a diverse range of experiences and events, like He said She said, a forum about love, intimacy and relationships, and a writers forum called “A Penny for Your Thoughts”.

Swain wanted to offer a safe space for people to come together, eat, drink, and share constructive criticism in a safe creative environment.

Swain has also teamed up with entrepreneur Liska Wilson, marketing consultant, founder of the nonprofit She’s a Boss, and Busy Day co-owner. Together they created Think Tank Thursdays, a mastermind event series in which aspiring entrepreneurs, small business owners, and visionaries meet up and share ideas about success, innovation, and growth.

“The goal is to build relationships that are diverse and inclusive. Instead of focusing on us having seats at the table, we should focus on building a table together.” Swain also wants to help the creative economy as well through events like T.E.A., whose business model has changed to a profit sharing model where creatives are empowered to deliver and understand that they can create their own financial destiny. The new business model has allowed creatives to see the impact they can have from a business perspective.

I also got a chance to speak to a musician Jordan Taylor-Hill, who will be a part of the opening performance at T.E.A.

“Juneteenth for me personally means freedom of expression as an artist and a drummer. Practices like drumming were condemned and banned on plantations and places where Africans would gather. So to be able to perform , and commemorate people who have laid the groundwork and made this possible is an honor. I’m excited to be involved in this event.”

Tickets for TEA can be purchased at Proctors website. The event begins at 7pm. For more information, contact Velvet Rope Group.

Guest post by Ashleigh Kinsey, owner, AK Design[/cs_text][/cs_column][/cs_row][/cs_section][/cs_content]