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New York, NY - City Plans Small Business Grants for Storm Recovery

Published on: November 24, 2012 11:39 PM
By: AP
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Mayor Bloomberg in a Live Interview on Small Business Saturday and Hurricane Sandy Relief Airs on Today Show. November 24, 2012 (Photo credit: Edward Reed)Mayor Bloomberg in a Live Interview on Small Business Saturday and Hurricane Sandy Relief Airs on Today Show. November 24, 2012 (Photo credit: Edward Reed)

New York, NY - New York City is stepping up efforts to help small businesses struggling after Superstorm Sandy.

Mayor Michael Bloomberg announced a new $5.5 million grant program on Saturday. He also noted that banks have pledged another $5 million to what was already a $10 million emergency loan fund.

The new grant program is designed to complement the loans.

Businesses that have been displaced for at least three weeks can apply for a grant of up to $10,000 to help with repairs, supplies and other storm-related expenses.

The money comes from the nonprofit Mayor’s Fund to Advance New York City and the Partnership for New York City, a business group.


Businesses can apply by calling 311 and asking for “NYC Business Solutions” or visiting NYC Business Solutions online.


Online: http://www.nyc.gov/nycbusiness

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Read Comments (6)  —  Post Yours »


 Nov 25, 2012 at 12:20 AM ciporah Says:

I'd like to know what Blumberg is donating to this worthy cause....


 Nov 25, 2012 at 04:58 AM thechef88 Says:

It's none of your business. How much are you donating?


 Nov 25, 2012 at 08:57 AM DRE53 Says:

This is such a joke.
All it offers is a LOAN of up to 10,000 for which you probably have to waste a few hours filling out all application forms and submitting them, and meet very specific criteria.


 Nov 25, 2012 at 10:57 AM YGeller Says:

Can someone explain something to me that I find hard to understand. When a poshita struggling guy (say one who makes < 50,000 a year gross on the books ) your average accountant, teacher, B&H worker, Lumber yard employee etc...has it tough with all his expenses that far exceed his income no one is making collections for him (he's a working guy), there are no special loans for him to suddenly qualify for, everyone is peeling the seventh layer of skin off of him for rent, tuition, heimishe products, other shul/mosdos. That individual is constantly dipping into his savings if he has them or just foregoing a lot of amenities that have become default in our community. Now all of a sudden there are are people shaina communities that will be forced to live this way my way. Brichim Habuim.


 Nov 25, 2012 at 11:40 AM rationalman Says:

i agree with number 2. a 10k load isn't really going to help a struggling small business owner. if i forgot to mention the reason he is struggling is probably due to our mayor's policies that have killed small business owners. let him relax his rules, revert to the old traffic rules and parking regulations, and put his 10k load where the sun doesn't shine. the small business man will be better serve. to really help the city let him resign


 Nov 25, 2012 at 01:12 PM business Says:

what about businesses who are indirectly affected- like the wholesalers and distributers whose businesses are frozen into the red zone because the retails they supply are not moving merchandise?


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