“We will not be a city that gives in to corporate takeover. 2020 All Rights Reserved, NYC is a trademark and service mark of the City of New York, Be located within the five boroughs of New York City, Demonstrate that the COVID-19 outbreak caused at least a 25% decrease in revenue, Employ 99 employees or fewer in total across all locations, Have no outstanding tax liens or legal judgments. The LISC NYC Small Business Relief and Recovery Fund will provide direct grants of $10,000 to New York City minority-owned small businesses to support their recovery from the pandemic. Programs for Restaurants and Restaurant Workers, General Construction Resources and Advice List, Business Health During a Pandemic: What Your Business Can Do Now, Emergency Supply Sourcing & Manufacturing, Up to $2M for small businesses affected by the coronavirus, Eligible: Must have 20 or fewer full-time equivalent employees, no PPP or EIDL loans received already, Vouchers ranging from $25,000 to $150,000, Eligible: Bus and/or truck manufacturers, dealers, or buyers, A variety of funds to help restaurants and restaurant workers, Eligible: Restaurants and restaurant workers, Nonprofit organizations serving NYC through work with communities who are disproportionately impacted by COVID-19, Grants and loan products for social enterprises and nonprofits impacted by COVID, Nonprofit organizations pursuing capital projects, A series of articles on the urgent issues impacting non-profit real estate and construction projects, Guidance on how to access available funding. The bill would allow the city of New York to create a program to provide relief to both small business owners and building owners impacted by the COVID-19 pandemic. NEW YORK—Mayor Bill de Blasio today announced the City is expanding relief for small businesses, including eliminating fines for first time violations and expanding the universe of violations that will have cure periods. The City should aim to strike a balance between enforcement and effective regulation to work with business owners, and we support the Administration in this effort.”, "We all know that small businesses, the lifeblood of our city, need relief. The NYFLF targets the state’s small businesses with 20 or fewer full-time equivalent (FTE) employees (90% of all businesses), nonprofits and small residential … They create roughly half the private sector jobs in our city and make our neighborhoods livable and human-scale. Fill out the census now: my2020census.gov, City will provide relief for 1st time fines and expand violations subject to cure periods. “The more businesses that are open the better off we are.”. By shifting our priorities to improving business compliance, we are bolstering their bottom line and our collective economic growth,” said Council Member Farah N. Louis. "Fines and penalties are designed to protect businesses, not put them out of business. According to the city's Small Business Services agency on Wednesday, around $8 million of the $20 million loan program for struggling small businesses has been disbursed, with 66 percent going to Manhattan-based shops. “It’s sad, it’s borderline criminal,” Gjonaj told Gothamist the day after the hearing. We've compiled a number of financial resources available to NYC businesses and nonprofits, along with business guidance, to help with COVID-19 relief and recovery. The Small Business Legal Relief Alliance (SBLRA) consists of some of the City’s leading law firms and legal services organizations. The Alliance was created in response to the coronavirus pandemic, and the resulting devastation to New York’s small business community, the backbone of our economy and the bedrock of our neighborhoods. About the Department of Small Business Services (SBS). 2020 All Rights Reserved. Your email address will not be published. The City will work with the City Council to review more than 75 violations. © 2020 Small Business Legal Relief Alliance (SBLRA). To date, more than [9,600] business owners have graduated from the program across all 50 states in the US, Puerto Rico and Washington, D.C. Awardees can use funds for payroll, rent, marketing, overhead, cost of … Fine forgiveness helps businesses put some money in savings while still remedying any issue. Total of 49 million for 200K businesses is a joke, the city spends more on parades and as much for printing. Assistance for Businesses Impacted by COVID-19 Webinars. Education and transparency are key to ensuring that our businesses have the tools they need to flourish.
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