Empire State Development is happy to announce the New York State COVID-19 Pandemic Small Business Recovery Grant Program is now open! This program was created to provide flexible grant assistance to currently viable small businesses, micro-businesses and for-profit independent arts and cultural organizations in New York that have experienced economic hardship due to the COVID-19 pandemic. The program is administered by ESD and powered by Lendistry.
Grant awards will be calculated based on a business’ annual gross receipts for 2019:
|Annual Gross Receipts (2019)||Grant Amount|
|$25,000 – $49,999||$5,000|
|$50,000 – $99,999||$10,000|
|$100,000 – $500,000||10% of gross receipts ($50,000 max grant)|
For eligibility requirements and more information regarding the New York State COVID-19 Pandemic Small Business Recovery Program, and to begin your application, please visitwww.nysmallbusinessrecovery.com