Recent changes to the NYS COVID-19 Pandemic Small Business Recovery Grant Program:
On September 13, 2022, Governor Kathy Hochul announced that applicants of the New York State COVID-19 Pandemic Small Business Recovery Grant Program will no longer need to demonstrate positive net profit on 2019 Business Return ($1 or greater) or at least a twenty-five percent (25%) loss in annual gross receipts in a year-to-year revenue comparison as of December 31, 2020, to the same period in 2019, in each case, as reflected on Grantee’s 2019 and 2020 filed federal tax returns, including any 2020 Pandemic Unemployment Assistance, Federal Pandemic Unemployment.
Did your small business have receipts of less than $2.5 million in 2020?
If you can answer “Yes” to the following question, you may qualify for a business grant of up to $50,000 with the New York State COVID-19 Pandemic Small Business Recovery Grant Program! New York state has grant money available to help your Small Business recover from the Pandemic.
Join this free webinar to learn about the eligibility requirements, grant amounts, the application process and more! WEDC also provides one-on-one assistance with the application.