Greater New York Chamber Of Commerce: City Launches $100M Small Business Resilience Grant

New York City NY

20 December, 2021

4:22 AM

Description

Press release from the Greater New York Chamber of Commerce: December 9, 2021 City Launches $100M Small Business Resilience Grant for Hard-Hit Sectors and low to Moderate Income Communities. The NYC Small Business Resilience Grant Program is funded by the NYC Department of Small Business Services (SBS) and administered by Lendistry. Applicant must use the $10,000 grant to mitigate economic hardships that occurred as a result of the COVID-19 pandemic by using the grant funds to offset operational expenses incurred between March 3, 2021, and December 23, 2024, for the small business that is the basis for the Applicant's eligibility for the grant. Examples of eligible expenses include the following: payroll and benefits, mortgage, rent, utilities other operating costs. This press release was produced by the Greater New York Chamber of Commerce. The views expressed here are the author's own.