News From Governor Hochul
- Winter Festivals, Cozy Eateries, Ski Mountain Upgrades and New Lodging Offer Countless Opportunities for Seasonal Fun Across New York State
ICYMI: Governor Hochul Encourages New Yorkers to Shop Locally
- Supporting Local Businesses Year-Round Strengthens Communities and Boosts Local Economies
- Watch the New York State Department of Labor Small Business Saturday Video Here
Upcoming Events
TODAY: Clean Tech & Advanced Materials Job Fair – December 1, 2021, 11am – 2pm
- Job Fair connecting New York State jobseekers to companies with available opportunities within the fields of Clean Technology, Energy Storage, Battery Manufacturing, Advanced Materials and more
- Entry-mid level, experienced and management positions are available. Empire State Development’s Division of Science, Technology & Innovation (NYSTAR), NY Ventures, and NYBEST are proud to support innovative companies across the state provide sustainable energy sources, expand manufacturing capabilities and ensure a resource efficient future within a thriving New York State economy
- Register HERE for the Clean Tech & Advanced Materials Job Fair
Doing Business in China E-Commerce Webinar – December 9, 2021, 9am-11am ET
- Empire State Development’s Global NY Division will be hosting a no-cost webinar on Tuesday, December 7, 9-11 am ET.
- Global e-commerce has become even more important in the wake of the COVID-19 pandemic. Join Global NY’s China office and industry experts to hear the latest insights on how New York State businesses can export to and work with one of the world’s largest markets.
- View the event flyer to learn more.
- Register to attend HERE.
Innovating Forward 11th Annual New York State MWBE Forum – December 14-16, 2021
- The 11th annual New York State Minority- and Women-Owned Business Enterprise (MWBE) Forum is the premier opportunity for MWBEs from across industries to forge new professional connections and become more competitive in an ever-changing market.
- Hybrid Event: In-Person & Virtual Forum Experiences
- Day 1: Laying the Foundation
- Day 2: Roadmap to Success
- Day 3: Boundless Opportunities
- Register HERE to attend the MWBE Forum
Economic Development Opportunity Highlights
NEW: The NYSCA FY2022 Capital Projects Application Portal is now open and accepting submissions!
- Before you start your application, we encourage you to review the following resources:
- Read the NYSCA FY2022 Technical Application Submission Instructions
- Visit our FAQ for Capital Projects and FAQ for Applicants
- Review our Capital Projects Guidelines and the NYSCA Application Manual
- Visit and Register in the NYSCA FY2022 Application Portal
- The NYSCA team will be holding two more virtual office hour sessions in December and answer questions regarding the application process. These office hours are not recorded. Please note that each session can accommodate 40 participants.
- NYSCA asks that you please only register for a session that you know you will be able to attend.
- Thursday, December 9, 2021, 11AM-11:45AM: Register here!
- Thursday, December 9, 2021, 3PM-3:45PM: Register here!
- These registration links are also available on the NYSCA FY2022 Opportunities page, here.
SBA Announces Updated Guidance Regarding Applicant Deadlines for COVID Economic Injury Disaster Loan Program
- Agency Strongly Encourages Submission of Supplemental Advance Applications by December 10; All Applications Due by December 31
- The U.S. Small Business Administration (SBA) announced updated guidance for COVID Economic Injury Disaster Loan (EIDL) program applicants to better serve small business owners in need, while funding remains available. Since its inception, the COVID EIDL program, a federal disaster relief loan designed to better serve and support our small business communities still reeling from the pandemic, especially hard-hit sectors such as restaurants, gyms, and hotels, has approved nearly $300 billion in relief aid. Specifically, the following updated guidance is being provided:
- EIDL loan and Targeted Advance applications will be accepted until December 31 and will continue to be processed after this date until funds are exhausted.
- Supplemental Targeted Advance applications will be accepted until December 31; however, the SBA may be unable to process some Supplemental Targeted Advance applications submitted near the December 31 deadline due to legal requirements. The SBA cannot continue to process Supplemental Targeted Advance applications after December 31 and strongly encourages eligible small businesses to apply by December 10 to ensure adequate processing time.
- Borrowers can request increases up to their maximum eligible loan amount for up to two years after their loan origination date, or until the funds are exhausted, whichever is soonest.
- The SBA will accept and review reconsideration and appeal requests for COVID EIDL applications received on or before December 31 if the reconsideration/appeal is received within the timeframes in the regulation. This means six months from the date of decline for reconsiderations and 30 days from the date of reconsideration decline for appeals – unless funding is no longer available.
List of Economic Development Resources
Funding Opportunities:
- Business Pandemic Recovery Initiative
- Regional Economic Development Council Round 11
- Funding is still available through the open enrollment programs, including the ESD Capital Grant Fund.
- Interested parties are encouraged to apply by December 31, 2021.
- Learn more about the funding programs at www.regionalcouncils.ny.gov/mid-hudson
- New York State Council on the Arts (NYSCA) FY2022 funding
- Workforce Development Initiative
- Second Round of Funding Makes $48 Million Available to Help New Yorkers Find Quality, Well-Paid Jobs and to Meet the Short and Long-Term Workforce Needs of Businesses
- Find the 2021 Guidebook, Program Guidelines and Webinars HERE
- Restaurant Return-to-Work Tax Credit Program
- The $35 million Restaurant Return-to-Work Tax Credit Program provides an incentive to COVID-impacted restaurants to bring restaurant staff back-to-work, and to increase hiring at NYS restaurants.
- Qualifying businesses are eligible for a tax credit of $5,000 per new worker hired, up-to $50,000 per business.
- The Program is open to eligible restaurants located in New York City, or in an area outside of New York City that was designated an Orange or Red Zone for at least thirty consecutive days.
- Global New York
- Global NY helps New York businesses enter or expand their presence in the global marketplace.
- Programs connect companies with sales agents and distributors abroad and offset the costs of exporting with grants and loans.
- By participating in our trade missions, New York businesses can create and reinforce global connections and partnerships.
- New York Power Authority’s (NYPA) ReCharge NY Program
- NYSERDA
- Regional Clean Energy Hubs
- Just Transition Site Reuse Planning
- The purpose of the Just Transition Site Reuse Planning Program is to mitigate the negative impacts of fossil fuel power plant site closures.
- This program provides technical assistance in communities that require site evaluation and a sustainable economic path forward for municipalities.
- Interested communities should complete and submit the program application to the online portal.
- Clean Energy Communities
- Energy Programs and Incentives
- Utility Economic Development Programs
- Federal Grants
- Federal Economic Development Funding – EDA American Rescue Plan Programs
- Good Jobs Challenge: $500 million for Industry-led training programs, designed to provide skills for and connect unemployed or underemployed workers to existing and emerging job opportunities. Three project types: System Development, Program Design and Program Implementation.
- Deadline: January 26, 2022
- Eligibility: State & local governments, higher education institutions, not-for-profit organizations
- Economic Adjustment Assistance: $500 million available through EDA’s most flexible program. Wide range of technical, planning, workforce development, entrepreneurship, and public works and infrastructure projects are eligible for funding under this program.
- Deadline: March 15, 2022 (suggested; applications reviewed on a rolling basis)
- Eligibility: State & local governments, higher education institutions, not-for-profit organizations
- See all the EDA American Rescue Plan Programs HERE
- Good Jobs Challenge: $500 million for Industry-led training programs, designed to provide skills for and connect unemployed or underemployed workers to existing and emerging job opportunities. Three project types: System Development, Program Design and Program Implementation.
- Federal Economic Development Funding – EDA American Rescue Plan Programs
Technical Assistance for Businesses:
- Get Help Navigating State and Federal Small Business Assistance Programs
- Empire State Development’s Division of Small Business
- New York State Small Business Development Center
- Mid-Hudson Small Business Development Center: Serving Dutchess, Orange, Sullivan, Ulster Counties
- Rockland Small Business Development Center: Serving Putnam, Rockland, Westchester Counties
- Women’s Enterprise Development Center
- New York State Certified Business Incubators and Innovation Hot Spots: New York State has designated 10 Innovation Hot Spots—one for each of New York’s economic development regions—and 20 Certified Business Incubators, which receive funding to reach a greater number of early-stage companies. Support may vary by location but generally includes: physical space; shared administrative staff; access to capital; coaching; mentoring; networking connections; prototype development; and access to other technical services. Innovation Hot Spots also coordinate regional entrepreneurial ecosystems, and can offer tax benefits to client businesses. In the Mid-Hudson we have:
- BioInc@New York Medical College: The region’s only biotechnology incubator offers shared resources, turnkey wet lab space and sponsored professional services to promising, high-potential entrepreneurs and start-ups. BioInc@NYMC helps members achieve development and funding milestones.
- Hudson Valley Center for Innovation | Accel7: Accel7 is the oldest, continuously operating business and tech accelerator serving the Hudson Valley between Westchester and Albany, focusing on building and launching Environmental, Social & Governance (ESG) solutions with early-stage entrepreneurs.
- Business Mentor NY (BMNY): Business Mentor NY is the State’s first large scale, hands-on small business mentoring program that helps NYS entrepreneurs and established small businesses overcome challenges to grow their business. Business Mentor NY is a free resource that allows entrepreneurs and volunteer mentors to easily connect so they can solve problems and build businesses together.
- SBA’s Ascent: Free learning platform for women entrepreneurs
- Business Express: Your Guide to Doing Business in New York State
- ESD Global New York: Export Assistance for NYS Businesses
- Global NY programs connect companies with sales agents and distributors abroad and offset the costs of exporting with grants and loans.
- Global NY is committed to helping businesses sell their products and services in growing markets including Canada, China, Europe, India, Israel, Mexico, Europe, South Africa and South America.
- For Manufacturers
- New York State Manufacturing Extension Partnership (NY MEP) Assists Small And Mid-Sized Manufacturers In Becoming More Competitive
- Fuzehub: Resources for NYS Manufacturers
- NYS Office of General Services: Guidance on Doing Business with New York State
Workforce Development Resources:
- Workforce Development Initiative
- New York Entertainment Workforce Diversity Grant Program
- New York State Jobs Express: Employers with job openings can post their open positions, and individuals looking for employment can search for opportunities on the NYS Department of Labor’s Jobs Express website.
- For Job Seekers:
- Free Resources Available to Connect New York Job Seekers With Careers
- NYS Department of Labor’s Jobs Express website
- SUNY Online Training Center –free skill-building, college prep, and employment certification programs with one-on-one career coaching
- Free Online Platform for New Yorkers to Learn New Job Skills, Earn Certificates & Advance Their Careers: Create a free account with Coursera Here
Resources for Employers:
- NY State of Health: Shop here to see what health insurance options are available to you, your family, and your business
- Child Care:Parents in need of free child care resources and referrals are encouraged to visit www.HVChildCare.org, where they can enter their zip code to immediately find the name and contact information of the agency that serves their location.
- NYS DOL Shared Work Program: New York State’s DOL Shared Work Program helps businesses manage business cycles and seasonal adjustments. Shared Work lets businesses keep trained staff and avoid layoffs. Employees can receive partial unemployment insurance benefits while working reduced hours. Full-time, part-time and seasonal employees are eligible.
Data and Reports: