The NYS COVID-19 Pandemic Small Business Recovery Grant Program was created to provide flexible grant assistance to currently viable small businesses, micro-businesses and for-profit independent arts and cultural organizations who have experienced economic hardship due the COVID-19 pandemic.
Who Is Eligible?
Small businesses, Micro-businesses and For-profit independent arts and cultural organizations must be currently viable and 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 restrictions).
Grant awards will be calculated based on a business’ annual gross receipts for 2019:
- Annual gross receipts = $25,000-$49,999: $5,000/business;
- Annual gross receipts = $50,000-$99,999: $10,000/business; and
- Annual gross receipts = $100,000-$500,000: 10% of gross receipts (max grant is $50,000).
For eligibility requirements and more information regarding the New York State COVID-19 Pandemic Small Business Recovery Program, please visit www.nysmallbusinessrecovery.com
The program is administered by ESD and powered by Lendistry.