Apply for this NY Grant today!

If you live in New York and started your business after 2018, you could be missing out on this NY exclusive grant!

https://nyseedgrant.mylendistry.com/

New York State is currently looking to assist small businesses with their financial burdens. All it takes is filling out some small documents and fulfilling some eligibility requirements.

The Application Guide and Eligibility Requirements here can guide you through the steps needed. 

All of this with only a few small eligibility requirements.

Small businesses, Micro-businesses and For-profit independent arts and cultural organizations, including independent arts contractors submitting an application for a grant award to the Program (collectively, “Eligible Applicants”) must:

1. Be incorporated in New York State or licensed or registered to do business in New York State and must be resident in the State of New York;
2. Be a currently viable Micro-business, Small business, or For-profit arts and cultural organization including independent arts contractors that started business on September 1, 2018 or later and has been operational for at least six months before an application is submitted;
3. Have between five thousand dollars ($5,000) and one million dollars ($1,000,000) in gross receipts per annum as reflected on their most recent Federal Business Tax Return (line 1a, IRS Form 1120 or 1065; line 1 IRS Form 1040 Schedule C) or be able to demonstrate five thousand dollars ($5,000) in business expenses for businesses that have not yet filed a Federal Business Tax Return;
4. Be in substantial compliance with applicable federal, state and local laws, regulations, codes and requirements;
5. Not owe any federal, state or local taxes, or have an approved repayment, deferral plan, or agreement with appropriate federal, state, and local taxing authorities;
6. Not qualify for business assistance grant programs under the federal American Rescue Plan Act of 2021 or any other available federal COVID-19 economic recovery or business assistance grant programs, including loans forgiven under the federal Paycheck Protection Program, or are unable to obtain sufficient business assistance from such federal programs.*Eligible Applicants may have received or been awarded the following federal assistance:
   • Paycheck Protection Program loans totaling $250,000 or less.
   • Economic Injury Disaster Loan (EIDL) for COVID-19 of any size.
   • COVID-19 EIDL Advance Grant of any size.
   • COVID-19 EIDL Supplemental Targeted Advance Grant of any size.
   • SBA Shuttered Venue Operators Grant of any size.
   • Restaurant Revitalization Fund Grant of any size.
7. Did not qualify for business assistance under the New York State COVID-19 Pandemic Small Business Recovery Grant Program.

 

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