Expanded eligibility for $800M in Covid-19 modest enterprise grants

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Expanded eligibility for $800M in Covid-19 modest enterprise grants

Starting immediately, businesses with revenues up to $2.5 million can apply for grants, up from the previous threshold of $500,000. Additionally, the limitation for businesses that received Federal Paycheck Protection Program loans has been increased from $100,000 to $250,000. Launched in June, the program initially focused on small and micro-businesses across New York State, which were largely left out of federal business recovery initiatives.

Tiny organizations with revenues up to $2.5 million and enduring economic hardship due to COVID-19 are inspired to utilize for grants of up to $50,000.

Governor Kathy Hochul has introduced modifications to New York State’s $800 million COVID-19 Pandemic Tiny Small business Recovery Grant Application that will permit more smaller

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by Rosemarie Masincup — August 28, 2021 in Business Grants

New York launches $800M small organization grant software

Dive Transient:

New York will launch an $800 million COVID-19 Pandemic Smaller Business enterprise Recovery Grant Software Thursday that gives funding to small and micro organizations that have seasoned a 25% yr-more than-year reduction of gross receipts owing to COVID-19 disruption. The grants can be utilised for a assortment of

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by Rosemarie Masincup — June 21, 2021 in Business Grants