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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.

 
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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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