Push release from Sen. Ed Rath:
Beginning June 10th, little and micro enterprises, as nicely as tiny for-revenue impartial arts and cultural organizations, can implement for up to $50,000 in point out grants, and I want our neighbors to be among the to start with to know!
It is approximated that far more than 300,000 little firms in this article in New York are suitable for funds from a new $800 million compact business restoration program.
This aid could be made use of to enable employers finance running fees incurred through the coronavirus pandemic amongst March 1, 2020 and April 1, 2021 and can be applied to protect:
Payroll, insurance plan, and utility costs
Commercial hire or mortgage loan payments for NYS-dependent property
Payment of neighborhood house or school taxes
Prices of particular protection machines (PPE) necessary to safeguard worker and consumer health and basic safety
Heating, air flow, air conditioning (HVAC) expenses, and other machinery or machines expenses
Supplies and products needed for compliance with COVID-19 wellbeing and security protocols.
According to Empire Condition Improvement, the agency in charge of administering these grants, priority will be specified to socially and economically deprived company proprietors, which include minority- and gals-owned small business enterprises, company-disabled veteran-owned firms and veteran-owned organizations, and companies located in economically distressed communities.
For program eligibility and use prerequisites, and for further data, check out the state’s Pandemic Little Business Restoration Grant Program site. The internet site is expected to be updated as added facts develop into out there, so I stimulate you to verify it routinely.
I also stimulate qualified businesses to get started making ready essential paperwork in the times ahead, and to indication up for alerts at the website link previously mentioned.
Resources offered for this system are restricted, so I motivate qualified companies to use quickly as before long as programs come to be available.
While considerably a lot more demands to be done to truly help our community corporations get back on keep track of, it is my hope that by increasing consciousness for this application early, qualified corporations will be equipped to reward from this fund.