On April 2, 2024, the Department of Small Business Services announced a new grant program to support small businesses in dealing with natural disasters. The Business Preparedness and Resiliency Program will offer free risk assessments to identify vulnerabilities and issue grants of up to $5,000 for small business owners and commercial property owners to use for infrastructure protection or upgrades, like generators or flood barriers.
Search Results for: Small Business
Small Business Services Launches “Live NYC Map” Tool to Show Small Businesses and Public-Facing Locations Citywide
On November 22, 2023, the Department of Small Business Services announced the launch of Live NYC Map, an interactive database that includes a searchable map of the city’s small businesses and public-facing locations. The map launches ahead of Small Business Saturday, the part of the Thanksgiving holiday weekend where consumers are encouraged to explore and support local businesses for their holiday shopping.
Council Passes Bill to Provide Small Businesses with More Financial Information
On September 14, 2023, the City Council passed Int. No. 969-A, which requires the Department of Small Business Services to provide information on local community development financial institutions on the city’s one-stop shop business services portal. According to the U.S. Department of the Treasury, community development financial institutions are financial lenders that help, “promote access to capital and local economic growth in…low-income communities… through monetary awards and the allocation of tax credits.”
Small Business Advisory Commission Releases Report with Recommendations to Support Small Businesses
On June 30, 2023, the Department of Small Business Services (SBS) released the inaugural report of its New York City Small Business Advisory Commission (“SBAC”), highlighting eight recommendations to assist small businesses in New York City.
Mayor Announces Holiday Open Street, Pedestrian Space Around Rockefeller Center and Small Business Support Campaigns
The pedestrian space around Rockefeller Center returns to help accommodate holiday crowds. On November 22, 2022, Mayor Eric Adams announced the City’s largest holiday season specific open street and the return of the pedestrianized area around Rockefeller Center for the holiday season, along with two new ad campaigns to support local and small businesses. Temporary pedestrian spaces ease crowding and enhance public safety as thousands of visitors and New Yorkers celebrate the holiday season. For … <Read More>
Mayor, Small Business Services Appoint Dasheeda Dawson as Cannabis NYC Director
As the initiative’s founding director, Dawson will serve as the primary liaison between SBS, other city agencies, and key stakeholders. On October 12, 2022, Mayor Eric Adams and Small Business Commissioner Kevin Kim announced the appointment of Dasheeda Dawson as founding director of the City’s new Cannabis NYC initiative. For CityLand’s previous coverage of the Cannabis NYC initiative, click here.