New York State COVID-19 Pandemic Small Business Recovery Grant Program – Application Open; Webinar Tuesday 6/15
The application portal for a new pandemic grant program from New York State Empire State Development is now open. Evergreen will be holding a program overview webinar about the grant opportunity on Tuesday, June 15th at 11:30AM. Registration for the webinar can be found here.
The COVID-19 Pandemic Small Business Recovery Grant Program will provide grant funding to small and micro businesses and for-profit independent arts and cultural organizations impacted by the pandemic. The grants will be flexible and can be used for a number of different COVID-19 related losses or expenses incurred between March 1st, 2020 and April 1st, 2021.
Interested small businesses, micro-businesses and for-profit independent arts and cultural organizations will be required to show loss of gross receipts or other economic hardship as a result of the COVID-19 pandemic and compliance with COVID-19 health and safety protocols which resulted in business modifications, interruptions, or closures. Eligible applicants must have begun operation on or before March 1, 2019 and continue to be in operation as of the date of application (may be shuttered due to COVID-19 restrictions) and be currently viable (defined as profitable in 2019). Further eligibility requirements apply.
Grant awards will be calculated based on a business’ annual gross receipts for 2019:
- Annual gross receipts: $25,000-$49,999: Award is $5,000/business;
- Annual gross receipts: $50,000-$99,999: Award is $10,000/business; or
- Annual gross receipts: $100,000-$500,000: Award is 10% of gross receipts (max grant is $50,000)
Priority for this program will be given to socially and economically disadvantaged business owners including, but not limited to, minority and women-owned business enterprises, service-disabled veteran-owned businesses, and veteran-owned businesses, or businesses located in communities that were economically distressed prior to March 1, 2020, as determined by the most recent Census data. While, as such, this is not a ‘first come, first served’ program it is suggested to get your application in as soon as you can after the opening date.
You can find more information on the program including details on eligibility, document requirements, eligible use of funds, and the application here.
To register for the grant program overview webinar on Tuesday, June 15th at 11:30AM, please click here.
If you have any questions please contact Natalie Vichnevsky.