Expanded Eligibility for the NYS Pandemic Small Business Recovery Grant Program
Empire State Development (ESD) has announced that businesses no longer need to demonstrate profit in 2019 to be eligible for the NYS recovery grant. As such, businesses that had a net loss in 2019 are now eligible to apply for the grant award.
NYS Pandemic Small Business Recovery Grant Program expanded eligibility has eliminated the $1 profitability requirement. Also, businesses that had a net loss in 2019 are now eligible to apply for the grant award.
Businesses that applied and were ineligible because of this criteria are going to be directly contacted by Lendistry (please do not submit a new application). New applicants should apply through the Lendistry portal.
If you have not yet applied, check out the application guide PowerPoint Presentation or the program FAQ Document for more information.
Need help applying? Our team of business advisors would be happy to meet with you one-on-one and help you determine your eligibility for the program. We can also answer any questions you have regarding this grant or other COVID-19 relief programs you're interested in. Contact us to schedule a 1:1 advisory session at no-cost to you.