Press release from Sen. Ed Rath:
Starting June 10th, smaller and micro corporations, as nicely as little for-revenue impartial arts and cultural corporations, can use for up to $50,000 in point out grants, and I want our neighbors to be among the first to know!
It is believed that much more than 300,000 little enterprises below in New York are eligible for funds from a new $800 million little enterprise restoration system.
This aid could be employed to assistance businesses finance functioning fees incurred through the coronavirus pandemic among March 1, 2020 and April 1, 2021 and can be used to include:
Payroll, insurance, and utility costs
Professional hire or home loan payments for NYS-dependent assets
Payment of area house or faculty taxes
Fees of own protection machines (PPE) essential to safeguard worker and consumer health and basic safety
Heating, air flow, air conditioning (HVAC) charges, and other machinery or tools fees
Supplies and elements required for compliance with COVID-19 health and fitness and basic safety protocols.
In accordance to Empire Point out Advancement, the agency in charge of administering these grants, priority will be presented to socially and economically disadvantaged company entrepreneurs, which includes minority- and women-owned company enterprises, provider-disabled veteran-owned organizations and veteran-owned enterprises, and organizations found in economically distressed communities.
For application eligibility and use requirements, and for added facts, stop by the state’s Pandemic Small Small business Recovery Grant Software site. The web-site is expected to be up-to-date as more specifics turn out to be out there, so I motivate you to check it consistently.
I also persuade qualified employers to start out getting ready required documents in the days in advance, and to sign up for alerts at the backlink over.
Resources obtainable for this system are restricted, so I motivate qualified employers to apply swiftly as before long as apps develop into readily available.
Whilst significantly much more requires to be accomplished to actually help our local enterprises get back again on monitor, it is my hope that by increasing awareness for this software early, suitable firms will be ready to profit from this fund.