Hudson Peaks Consulting LLC | Application Preview
Hudson Peaks Consulting LLC is seeking government grants to bolster its working capital. Established in 2019, the company faced challenges during the COVID-19 pandemic but persevered, focusing on professional services without selling products. Currently, the firm employs six full-time and three part-time staff, with aspirations to grow to 50 employees in the next five years.
The application highlights Hudson Peaks as a certified Minority Owned Business (MBE) and Disadvantaged Business Enterprise (DBE) recognized by New York State, New York City, and the Port Authority of New York and New Jersey. This certification is particularly advantageous since 90% of government projects are now Design-Build, which mandates that 30%-40% of the work be assigned to MBE/WBE/DBE companies.
In a competitive landscape that includes firms like Tectonic Engineering, Bureau Veritas, and Universal Testing and Inspection, Hudson Peaks emphasizes its unique position. With shifting dynamics in the construction industry favoring partnerships with MBE/WBE/DBE firms, the business believes it is well-positioned to capture opportunities in upcoming projects, leveraging its certifications as a key asset.
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General Information
Business Registration Number: 834052768
Location: Elmhurst, NY, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
This grant will be used towards the working capital.
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Business Plan
We have a startup business since 2019. Right after we started business COVID-19 hit but we never lost our hope. We kept our head straight and worked through all the odds. We provide professional services and we do not sell any other product. At this moment, we have 6 full time employees and 3 part time. Our goal is to make it a 50-employee company within next 5 years. We are a certified MBE (Minority Owned Business) and DBE (Disadvantage Business Enterprise) company by NYS, NYC and Port Authority of NY & NJ. Lately, 90% of the Government projects are Design-Build projects. And all govt projects require to have 30%-40% of the total work to be performed by MBE/WBE/DBE companies. This is the advantage we have than any other regular organization.
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Self Identified Competition
Tectonic Engineering Bureau Veritas Universal Testing and Inspection As I mentioned before, since most govt projects are becoming Design-Build lately and 30-40% of the project has to be awarded to MBE/WBE or DBE firms; the dynamics of the construction industry has changed considerably. Most of the teams are now looking for partners who have one of those MBE/WBE or DBE licenses. This is the biggest advantages of ours.
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Contact Applicant
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