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Johnson Program Helps Local Small Businesses
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BR MicroCapital, a microfinance business started at the Johnson Graduate School of Management, announced on Jan. 20 that it would offer lending and business support services to help microbusiness development in Tompkins County.
In a press release, Mike Pezone, grad, director of operations for BRM, explained that BRM’s work is fulfilling a local need by providing specialized, targeted support for microbusinesses, which are small businesses typically operated from the owner’s home.
The stated goal of BRM is to encourage development and inclusive wealth creation while at the same time assisting efforts to further local economic development.