New York City Offers Disaster Relief Funds To Help Small Businesses
VeteranOwnedBusiness.com recently identified 478 small, veteran owned business members currently listed in our Veteran Owned Business Directory from the areas hit by this incredible storm. For those located in metro New York, who were impacted by Hurricane Sandy, the following announcement should come as good news:
New York City is stepping up efforts to help small businesses struggling after Superstorm Sandy.
Mayor Michael Bloomberg recently announced a new $5.5 million grant program to help small businesses with their recovery and rebuilding efforts. Mayor Bloomberg also noted that banks have pledged another $5 million to what was already a $10 million emergency loan fund.
The new grant program is designed to complement the loans.
Businesses that have been displaced for at least three weeks can apply for a grant of up to $10,000 to help with repairs, supplies and other storm-related expenses.
The money comes from the nonprofit Mayor’s Fund to Advance New York City and from a business group called the Partnership for New York City. Businesses can apply by calling 311 and asking for “NYC Business Solutions”.