City Launches $100M Small Business Resilience Grant for Hard-Hit Sectors and low to Moderate Income
December 8, 2021
The $100 million grant is projected to serve 10,000 small businesses
Builds on over $500 million in assistance to small businesses throughout the pandemic
NEW YORK—Mayor Bill de Blasio and NYC Department of Small Business Services (SBS) Commissioner Jonnel Doris today announced the $100 million NYC Small Business Resilience Grant to provide immediate funding to small businesses in the arts, entertainment, recreation, accommodation, and food sectors and in low to moderate income (LMI) communities to help them recover from the pandemic.
“Small businesses served New Yorkers tirelessly throughout the pandemic—they are the backbone of our economy and the heart of New York City,” said Mayor Bill de Blasio. “This historic investment will ensure the hardest-hit small businesses have the support needed to emerge stronger from the pandemic and help build a recovery for all of…
