New York State COVID-19 Pandemic Small Business Recovery Grant Program
The application portal for the $800 million New York State COVID-19 Pandemic Small Business Recovery Grant Program is now open and accepting applications.p
Governor Cuomo’s press release on the program is available here; it also highlights legislation expected to be finalized today that would exempt these grants from NYS income-based taxes. https://tinyurl.com/dhbezn57
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Program requirements and application instruction are all online. Eligible small businesses are defined as:
- Those with 100 or fewer employees, organized under the laws of New York State, is independently owned and operated, and not dominant in its field.
- Eligible “for-profit independent arts and cultural organizations” are independently operated live-performance venues, promoters, production companies, or performance-related businesses located in New York State with 100 or fewer employees, excluding seasonal employees.
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Eligibility requirements include:
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Entities must have begun operation on or before March 1, 2019 and continue to be in operation as of the date of application (may be shuttered due to COVID restrictions), have to show a reduction in gross receipts of at least 25% from 2019 to 2020 as a result of the COVID-19 pandemic or compliance with COVID-19 health and safety protocols which resulted in business modifications, interruptions, or closures.
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Show gross receipts between $25,000 and $500,000 for 2019 and 2020, and a positive net profit for 2019.
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They must not have qualified for assistance programs under the federal American Rescue Plan Act of 2021 or other available federal COVID-19 economic recovery or business assistance grant programs above certain thresholds (received more than $100,000 of a PPP grant or loan).
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Grant amounts range from $5,000 to $50,000 based on the entity’s annual gross receipts.
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Interested businesses are urged to submit applications as soon as possible, due to limited funding. This is not a “first come, first serve” program. Instead, applications will be evaluated based on business attributes set by the legislature, and priority will be given to socially and economically disadvantaged business owners including, but not limited to, minority and women-owned business enterprises, service-disabled veteran-owned businesses, and veteran-owned businesses, or businesses located in communities that were economically distressed prior to March 1, 2020.
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All program information, including a program FAQ, detailed information on application requirements, and other program information is available here. https://nysmallbusinessrecovery.com/
REGISTER for the NYS Covid-19 Small Business Recovery Grant Program – June 16, 2021 11:00 AM
Join us for a webinar on the NYS Covid-19 Small Business Recovery Grant Program!
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DATE: WEDNESDAY, JUNE 16, 2021TIME: 11:00 AM
REPLAY of the COVID-19 Vaccine & Wellness Roundtable for Employers
In case you missed it, here is the replay of the COVID-19 Vaccine & Wellness Roundtable for Employers presented on June 8, 2021.
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If you attended, or are just watching for the first time now, we hope you will reach out to us with any questions you might have.
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This presentation is hosted by Marj Ciucci, Senior Benefits Consultant with Lawley and Clare Hunter, Clinical Account Executive with Lawley-Arxcel.
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Topics discussed include:
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- Vaccine hesitancy | CLICK HERE for Dr. Parkerson’s presentation, “What is Vaccine Confidence?” | CLICK HERE for pandemic information
- An update on the COVID-19 vaccine as of June 2021 | 00.02.08
- Employer strategies | 00.25.44
- Employee/employer vaccine discussion | Employer strategies related to mental health | 00.47.20
