Magic Johnson Offers Financial Support to Minority-Owned Businesses Affected By COVID19

It is no surprise that the current COVID19 Pandemic has affected businesses of all sizes and circumstances. The urgent need for social distancing affects different types of services that require direct interaction between people. All nonessential businesses were ordered to close down due to stay-at-home orders during this pandemic. As a result of this drastic reduction in business operations and revenue, unemployment across the nation has been on a rampant increase.

This also includes, but is not limited to, Minority-Owned Business Enterprises. Smaller businesses have seen their customer base purchase less and monitor their budget closely since these are uncertain economic times. In response to these troubling economic trends, there have been many helpful resources such as the Paycheck Protection Program (PPP) from the federal government’s stimulus package. Another resource for small minority-owned businesses is that former NBA Star Magic Johnson, CEO of Magic Johnson Enterprises, partnered with MBE Capital Partners to offer $100 Million in loans to minority and women-owned business enterprises.

This initiative to provide support to MBE, WBE, and MWBEs is for businesses that have not received support from PPP funds and are impacted by the COVID19 Pandemic. Congress set aside the PPP funds but they were quickly depleted. Many Minority-Owned Businesses have not been able to receive support from the PPP funds due to the lack of relationship with bigger banks.

This is a helpful resource for the M/WBE Community nationwide. Supplier diversity helps diversify the source of our GDP but also provides opportunities to minority and immigrant communities from varying economic backgrounds. During these difficult times, it is important that our fellow M/WBEs take advantage of these business resources.

Compulink Technologies, Inc. is an MBE Certified in New York City, New York State, New Jersey, and Massachusetts. Even during these times, we have access to reserve IT stock for government agencies to remain operational during the pandemic. We remain supportive of our colleagues in the business community and from public institutions.

Compulink Status Update March 30

The Compulink Team has spent two week working remote thus far.  While this is an adjustment period for all sectors, we wanted to provide you a status update for our operations.  Compulink Technologies operations are still running and we are able to take orders.

Last week we accepted multiple emergency procurement orders and we are still able to take more orders.  Additionally, we are working remote with access to our emails and calls to the office route directly to individual cell phones after you dial the extension.

We wanted to reiterate our commitment to supporting both public and private institutions in these trying times and helping keep our public infrastructure alive.  If there is anything you or your agency needs assistance with regarding Information Technology, do not hesitate to contact Sales@compu-link.com.  Click below to reach this email directly.

K-12 Education Has Gone Remote!

Due to the CoronaVirus Outbreak and the social distancing practiced by the masses, schools and universities have closed. Public Schools are said to be closed until at least April 30. While students were excited for the time off as a vacation, the education system has adopted a remote access model for students and teachers to access at home.

Students and teachers are using Microsoft Teams to communicate and each different class has their own chatroom. Parents are expected to ensure students are remaining productive in their homes. While schools are closed due to social distancing initiatives, this is an important initiative to help the education system continue.

Official information on Remote Learning Can be found here)

However, there have been some setbacks in remote education. A remote education system being suddenly implemented is under the assumption that every student has access to a computer at home. This is not the case. Many students began remote learning last week without the proper tools. Some households have one computer and two or more students that need to use it simultaneously.

The City is purchasing devices for students who live in public housing and are from low income neighborhoods. New York City Schools Chancellor Richard Carranza estimated that there are a shortage of 300,000 devices across the city that will be provided to the students in coming weeks.

Compulink Recommendations

While the New York City Department of Education is currently purchasing laptops for students; there will be an adjustment period. After laptop devices, students may not have the proper headphones or other supplementary hardware to be engaged with the education.

Remote education was a sudden adoption which will cause initial hurdles in the process. It is highly advisable that when schools are back in session, teachers begin to increasingly incorporate laptops into the educational process. This would help the access to education become remote-friendly. Should students need to be home or have a homework packet during vacation, they are able to use their laptops to resume work.

Compulink is a Certified MBE in New Jersey

Compulink Technologies became officially certified as a Minority-Owned Business Enterprise (MBE) in the State of New Jersey this week. This means that Compulink can help New Jersey based public institutions and business enterprises can meet supplier diversity goals.

Compulink Technologies is a certified Minority-Owned Business Enterprise in the City and State of New York. Because of our extensive experience with IT, strong relationships with multiple brands, and track record for procurement; we have been able to help public and private institutions in New York maintain stable, secure, and efficient IT environments.

Click here to read our case study of a recent NYC Gov Services Project

Compulink Technologies also sponsors the Compulink E-Store, a free online product research resource that can expedite supplier diversity engagement for both public and private institutions. Signing up for the Compulink E-Store is 100% free and convenient.

Celebrating Women’s History Month

March is recognized as Women’s History Month in the United States.  In Compulink Technologies, our Vice President of Sales is Denise Arboleda.  Denise has been with Compulink for more than 25 years and has been a crucial member of the team.  Despite the industry being male-dominated, Denise has remained and continues to remain proactive in her ambition to turn Compulink into an effective IT Solutions Provider with premium quality service.

Within Compulink, Denise not only drives the sales efforts of the company, but provides support and guidance to the other departments to ensure the overall operations are running efficiently.  Her bigger commitment is to solve problems.  Denise fosters collaboration between Compulink and other IT vendors such as manufacturers, distributors, and resellers to promote cooperation in the IT community.

Denise has single-handedly built relationships with the New York City and State Government Agencies, Transit Authority, and Educational Institutions.  She has mentored aspiring young professionals in Compulink to become problem solvers for our clients.  When asked about how she sums up her career in Compulink, Denise said the following:

“To me, Compulink is more than a business providing IT.  We are an IT Resource.  Our past, current, and future clients are all human beings with IT problems and it is key that we solve their problems.”

Despite the IT Sector having a majority of male population, there is a growth in women professionals.  Denise’s proactive example can serve as one example of diligent business tactics despite what your gender, race, etc. may be.

Compulink Technologies is proud to be a leading advocate for supplier diversity across all sectors.  We encourage all organizations to engage with Minority and/or Women-Owned Businesses to diversify our business practices.

Click To View The IT Master Pack for Business Continuity
Breaking News: NYS MWBE Discretionary Spend Increases!

Earlier this year, both houses of the Legislature renewed and expanded the state Minority- and Women- Owned Business Enterprises (MWBE) program. The program originally aimed to boost the economy and increase the inclusiveness of the state contracting process.

“By increasing the personal net worth threshold to $15 million, implementing a streamlined certification process, and increasing the discretionary spending threshold to $500,000, the participation level of MWBEs will increase substantially with a direct positive economic impact,” Assembly MWBE Subcommittee Chair Rodneyse Bichotte said. 

There will be an increase on MBE Spend for New York State Government Agencies from January 2020?  The Discretionary spending threshold will increase to $500,000.

This change will boost participation of MWBEs across the state and will have a direct positive economic impact! 

Compulink Technologies Inc. has been a Minority-Women owned Business Enterprise (MWBE) for over two decades. This program has enabled us to have access to numerous business resources and to this day, we strive to support other small businesses in their business cycle today.

The news of New York State increasing MWBE discretionary spend further enables us to strengthen our resources for not only our clients in the government agency space but other small businesses as well.

Additionally, Compulink Technologies is an ardent advocate for procurement officials from government agencies to meet their supplier diversity needs. We have launched an online store that helps fast-track the government agency’s quest to meet MWBE participation goals.

Compulink Technologies is an MBE Certified Firm that has been bringing top-notch IT Service solutions to businesses and government agencies across the nation since 1986.

Our Contacts

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close