Grants
 

Our center can only provide information about these programs that is available publicly, so please contact the grant's administering organization with specific program questions. If you need assistance creating or obtaining the necessary documents to apply for a grant, please contact us and schedule a no-cost session with a Certified Business Advisor.

To Be Eligible, A Business Must:

  • Demonstrate loss due to COVID-19

  • Be located in the areas described above

  • Have 20 or fewer employees

  • Have annual revenue of less than $1 million

  • Have been in operation prior to 3/1/20

Applications will be accepted until funding is exhausted. We recommend applying ASAP.

What You Need To Apply:

(This program WILL accept partially completed applications)

  • A 'statement of need' describing COVID-19 loss

  • 6 months of bank statements, ending July 31st

  • A completed & signed W9 form accompanied by a copy of the current NYS Certificate of Authority

  • Description of previous emergency assistance

  • Monthly sales summaries for 3 consecutive months starting January 31, 2020

  • Your current lease & bills from your landlord

  • Invoices for utilities and vendors, since January 1st, 2020

  • A payroll register since January 1st, 2020

This program offers grants of up to $20,000 to small businesses from zip codes 10029, 10035 or 10037 (Manhattan Community Board 11). Funds may be used for rent, utilities, insurance, and other operational expenses.

This program offers businesses a grant equal to three months of their average 2019 revenue (up to $20,000).

To Be Eligible, A Business Must:

  • Be located in Queens & Impacted by COVID-19

  • Operate as a first-floor storefront business, a second-floor restaurant, or a street vendor

  • Have employed 20 or fewer employees in 2019

  • Earned gross revenue of less than $1 million in 2019, or less than $3 million if a restaurant

  • Have no tax liens or unresolved judgments

  • Generated a profit or came close to breaking-even in 2019

What You Need To Apply:

  • 2019 tax returns (personal or business, whichever includes the business revenue)

  • A signed copy of a 4506-C form for the tax return submitted

  • Three most recent months of business bank statements

  • Copy of a government-issued identification card

  • As part of the review process, a letter from the applicant's landlord may be requested

To Be Eligible, A Business Must:

  • Be located in one of New York City’s five boroughs.

  • Demonstrate a business revenue decrease of at least 25% due to COVID-19.

  • Employ no more than 10 employees.

Applications will be reviewed on a rolling basis until funding is exhausted.

What You Need To Apply:

  • An explanation of your current state of business compared to pre-COVID operations

  • Two documents that demonstrate decrease in revenue  (bank statements, profit & loss statements, quarterly sales tax filings, point-of-sales monthly reports, etc.)

  • Detailed and budgeted statement of how grant funds will be used

This program offers grants to NYC-based businesses of up to $10,000 to maintain payroll and operations.

This program from the SoGal Foundation and other sponsors provides grants of up to $10,000 as well as tactical help navigating the fundraising environment

To Be Eligible, A Business Must:

  • Be owned & operated by a Black woman or Black non-binary entrepreneur

  • Be legally registered

  • Plan to seek investor financing now or in the future

  • Have a high-impact, scalable idea

What You Need To Apply:

  • A company website or a one-sentence description of your business

Applications are accepted on a rolling basis. At the end of each month a new grantee will be selected.

IFundWomen is a crowdfunding platform that also offers several grant programs for women-owned business. In addition to specific grants to apply for, IFundWomen has a general grant application to match your business with relevant grants.

GoFundMe is a crowdfunding platform and is currently offering $500 matching grants to eligible businesses who raise $500 through a GoFundMe fundraiser. Visit their website for more details on this program and to start a fundraiser for your business.

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VISIT US

Pace University SBDC

163 William Street, Room 328

New York, NY, 10038   

CONTACT

Office:  (212) 618-6655

Email:  sbdc@pace.edu

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Partnership Program with the SBA, administered by the State University of New York. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.  All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs are extended to the public on a nondiscriminatory basis.

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