Grants for Small Business COVID-19 Recovery
See below for small business grant opportunities we have posted to the Pace SBDC COVID-19 resources page.
The Verizon-LISC Small Business Recovery Fund offers grants of up to $20,000 to help businesses facing immediate financial pressure because of COVID-19. Eligible expenses under the grant program include payroll, rent, utilities, outstanding debt to vendors, and other immediate operational costs. The deadline for the upcoming round is August 3rd.
Queens Chamber of Commerce's COVID Small Business Micro Grant Program awards grants of up to $5,000 for businesses in certain Queens Community Boards for purchases such as Personal Protective Equipment (PPE), sanitization and cleaning, interior dividers, outdoor furniture. The deadline to apply is August 15th.
The Brooklyn Chamber of Commerce's Bring Back Brooklyn Fund provides grants of $600 per employee for qualifying PPE and up to $2,500 for deep cleaning; as well as no-interest loans of up to $10,000 over a 24-month term to support COVID-19 recovery. Eligible small businesses must have been profitable for the 12-months leading up to 3/1/20, and not received an Economic Injury Disaster Loan, NY Forward Loan, or other commercial loan since 3/1/20 (still eligible if received a Paycheck Protection Program loan).
Contact a Pace SBDC Business Advisor to learn more about these resources, and the range of public and private sector grants, loans and advertising credits available for small business recovery.