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EMPOWER EQUITY INC.

Company Details

Name: EMPOWER EQUITY INC.
Jurisdiction: New York
Legal type: FOREIGN BUSINESS CORPORATION
Status: Active
Date of registration: 14 Feb 2017 (8 years ago)
Entity Number: 5085093
ZIP code: 10005
County: Tompkins
Place of Formation: Delaware
Address: 28 LIBERTY ST., NEW YORK, NY, United States, 10005
Principal Address: 314 East State St, Ithaca, NY, United States, 14850

DOS Process Agent

Name Role Address
C T CORPORATION SYSTEM DOS Process Agent 28 LIBERTY ST., NEW YORK, NY, United States, 10005

Chief Executive Officer

Name Role Address
HERBERT DWYER Chief Executive Officer 3900 EAST ST., SKANEATELES, NY, United States, 13152

History

Start date End date Type Value
2025-02-02 2025-02-02 Address 3900 EAST ST., SKANEATELES, NY, 13152, USA (Type of address: Chief Executive Officer)
2024-04-18 2025-02-02 Address 3900 EAST ST., SKANEATELES, NY, 13152, USA (Type of address: Chief Executive Officer)
2024-04-18 2025-02-02 Address 28 LIBERTY ST., NEW YORK, NY, 10005, USA (Type of address: Service of Process)
2019-01-28 2024-04-18 Address 28 LIBERTY ST., NEW YORK, NY, 10005, USA (Type of address: Service of Process)
2017-02-14 2019-01-28 Address 111 EIGHTH AVENUE, 13TH FL, NEW YORK, NY, 10011, USA (Type of address: Service of Process)

Filings

Filing Number Date Filed Type Effective Date
250202000208 2025-02-02 BIENNIAL STATEMENT 2025-02-02
240418000874 2024-04-18 BIENNIAL STATEMENT 2024-04-18
SR-77855 2019-01-28 CERTIFICATE OF CHANGE (BY AGENT) 2019-01-28
170214000442 2017-02-14 APPLICATION OF AUTHORITY 2017-02-14

USAspending Awards. Contracts

Contract Type Award or IDV Flag PIID Start Date Current End Date Potential End Date
PURCHASE ORDER AWARD FA864923P1032 2023-08-17 2025-02-18 2025-02-18
Unique Award Key CONT_AWD_FA864923P1032_9700_-NONE-_-NONE-
Awarding Agency Department of Defense
Link View Page

Award Amounts

Obligated Amount 1202738.00
Current Award Amount 1202738.00
Potential Award Amount 1202738.00

Description

Title SBIR PHASE II PROPOSAL F2D-9465 - RAPID COUNTERFEIT PART DETECTION
NAICS Code 541715: RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT NANOTECHNOLOGY AND BIOTECHNOLOGY)
Product and Service Codes AC32: NATIONAL DEFENSE R&D SERVICES; DEFENSE-RELATED ACTIVITIES; APPLIED RESEARCH

Recipient Details

Recipient EMPOWER EQUITY INC
UEI MY24PYPFNDM5
Recipient Address UNITED STATES, 10 WHITTED RD, ITHACA, TOMPKINS, NEW YORK, 148508724

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
9333057106 2020-04-15 0248 PPP 314 East State St, Ithaca, NY, 14850
Loan Status Date 2021-03-20
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 13961.85
Loan Approval Amount (current) 13961.85
Undisbursed Amount 0
Franchise Name -
Lender Location ID 51009
Servicing Lender Name First-Citizens Bank & Trust Company
Servicing Lender Address 100 E. Tryon Rd DAC - 90, Raleigh, NC, 27603-3581
Rural or Urban Indicator R
Hubzone Y
LMI N
Business Age Description New Business or 2 years or less
Project Address Ithaca, TOMPKINS, NY, 14850-0001
Project Congressional District NY-19
Number of Employees 4
NAICS code 541990
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 14569
Originating Lender Name Silicon Valley Bridge Bank NA
Originating Lender Address SANTA CLARA, CA
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 14056.42
Forgiveness Paid Date 2021-02-16

U.S. Small Business Administration Profile

Status User ID Name of Firm Trade Name UEI Address
Active P2431466 EMPOWER EQUITY INC EMPEQ MY24PYPFNDM5 10 WHITTED RD, ITHACA, NY, 14850-8724
Capabilities Statement Link https://empeq.co/wp-content/uploads/2023/10/Empeq-Capabilities-Statement-USAF-Part-Identification.pdf
Phone Number 347-903-6737
Fax Number -
E-mail Address herbert.dwyer@empeq.co
WWW Page -
E-Commerce Website https://empeq.co/partid
Contact Person HERBERT DWYER
County Code (3 digit) 109
Congressional District 19
Metropolitan Statistical Area -
CAGE Code 8H8U7
Year Established 2016
Accepts Government Credit Card Yes
Legal Structure Corporation
Ownership and Self-Certifications -
Business Development Servicing Office SYRACUSE DISTRICT OFFICE (SBA office code 0248)
Capabilities Narrative EMPEQ’s revolutionary SaaS product uses computer vision to identify mechanical and electronic equipment and parts and immediately provision insights like age and remaining useful life, country of origin, predictive maintenance, and part authenticity. There are over 1 million counterfeit parts in the U.S. defense supply chain and more than 70% of these parts could be traced back to China. Founded by a former NSA-tasked, service-disabled Marine veteran who previously held a DoD Top Secret SCI Security Clearance. A small business based in Upstate New York.
Special Equipment/Materials N/A
Business Type Percentages Research and Development (40 %) Service (60 %)
Keywords Fast Site Survey, Equipment Audit, Counterfeit Parts, Suspect Parts, Supply Chain, Supply Chain Security, Hardware Supply Chain Security, Part Detection, Part Ordering, Predictive Maintenance, Protective Maintenance, Counterfeit Part Detection, Research and Development, Energy Audits, Facility Assessments, Instant Equipment Insights, Artificial Intelligence, Computer Vision, Machine Learning, Suspect Part Detection, Country of Origin, Building Audit, Equipment Inventory
Quality Assurance Standards (none given)
Electronic Data Interchange capable -

Current Principals

Name Herbert D Dwyer
Role CEO
Name Derek LaClair
Role COO

SBA Federal Certifications

HUBZone Certified No
Women Owned Certified No
Women Owned Pending No
Economically Disadvantaged Women Owned Certified No
Economically Disadvantaged Women Owned Pending No
Veteran-Owned Small Business Certified No
Veteran-Owned Small Business Joint Venture No
Service-Disabled Veteran-Owned Small Business Certified No
Service-Disabled Veteran-Owned Small Business Joint Venture No

Bonding Levels

Description Construction Bonding Level (per contract)
Level $0
Description Construction Bonding Level (aggregate)
Level $0
Description Service Bonding Level (per contract)
Level $0
Description Service Bonding Level (aggregate)
Level $0

NAICS Codes with Size Determinations by NAICS

Primary Yes
Code 541715
NAICS Code's Description Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) General 1000 Employees Small Business Size Standard: [Yes]Special 1500 Employees Aircraft, Aircraft Engine and Engine Parts: [Yes]Special 1250 Employees Other Aircraft Parts and Auxiliary Equipment: [Yes]Special 1250 Employees Guided Missiles and Space Vehicles, Their Propulsion Units and Propulsion Parts: [Yes] (4)
Small Yes
Code 513210
NAICS Code's Description Software Publishers15
Small Yes
Code 541370
NAICS Code's Description Surveying and Mapping (except Geophysical) Services
Small Yes
Code 541511
NAICS Code's Description Custom Computer Programming Services
Small Yes
Code 541513
NAICS Code's Description Computer Facilities Management Services
Small Yes
Code 541519
NAICS Code's Description Other Computer Related ServicesGeneral $30.00m Small Business Size Standard: [Yes]Special 150 Employees Information Technology Value Added Resellers: [Yes] (4)
Small Yes
Code 541690
NAICS Code's Description Other Scientific and Technical Consulting Services
Small Yes
Code 561210
NAICS Code's Description Facilities Support Services
Small Yes

Export Profile (Trade Mission Online)

Exporter No
Export Business Activities (none given)
Exporting to (none given)
Desired Export Business Relationships (none given)
Description of Export Objective(s) (none given)

Performance History (References)

Name HUSTLE Defense Accelerator
Contract Awardee
Start 2023-09-17
End 2033-09-17
Value 150000
Contact Seth Mulligan
Phone 315-356-2412

Date of last update: 07 Mar 2025

Sources: New York Secretary of State