Da'Vine Wines

Ingrid Burke, a full time nurse, grew up in a business family, and sought to open a wine and spirits shop in her Mount Vernon community. Ms. Burke recognized an opportunity in that there were competitors in a two-mile radius, and found an ideal location near the local Metro North station where she launched a business with a “community-catered selection and heart-warming environment” as well as affordable prices.

As her business began to grow, Ms. Burke sought a working capital loan to enable her to increase inventory. She connected with Pace University Small Business Development Center (SBDC) business advisor Sandra Cely, who helped the client secure much-needed data regarding local spending patterns and competition from the NYSBDC Research Network. Sandra also helped the client to build three-year financial projections and interim financial statements, as well as a business plan to map out projected growth.

With these efforts, our client Da’Vine Wines was able to secure a $50,000 loan from the Excelsior Growth Fund to supplement her own investment, and create four new jobs.

IN PARTNERSHIP WITH:
VISIT US

Pace University SBDC

163 William Street, Room 328

New York, NY, 10038   

CONTACT

Office:  (212) 618-6655

Email:  sbdc@pace.edu

SUBWAY

A, C, J, Z, 2, 3, 45 to Fulton St

E to World Trade Center
6 to Brooklyn Bridge

CAREERS

Partnership Program with the SBA, administered by the State University of New York. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.  All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs are extended to the public on a nondiscriminatory basis.

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Da'Vine Wine

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