The New England Business Association has suspended operations indefinitely. The association, like many business associations, and trade organizations has faced significant financial challenges during recent years, and like many small businesses has been further impacted by the challenges of the COVID-19 virus. Despite rebranding from SBANE to NEBA, completing successful programming changes, growing membership and reducing overhead costs, NEBA has found it impossible to continue financially as a stand alone association. Over the past several months, the Board of Directors have recently pursued arrangements with other established associations to preserve our programming and jobs for our employees. Unfortunately, those discussions have also been complicated by the unprecedented times we find our country in now.
This has been a very difficult decision to make. NEBA may still consider future strategic opportunities where it could provide programming and products to members in cooperation with other similar associations. Should these opportunities materialize, we will further update all partners and members.