“Cannabis NYC” intends to boost the city’s economy while rectifying harm caused to Black and brown communities under cannabis prohibition. On August 22, 2022, Mayor Eric Adams and Small Business Services (SBS) Commissioner Kevin D. Kim announced the launch of Cannabis NYC. The initiative will support entrepreneurs and employees as the industry develops, providing the city’s first-ever technical assistance for cannabis license applicants and additional business services.
Search Results for: Economic Recovery
Landmarks Launches Business Express Service
On August 3, 2022, the Landmarks Preservation Commission announced the launch of their Business Express Service, a one-stop-shop where businesses operating in landmarked buildings can easily get permits. This Landmarks initiative aims to strengthen the City’s pandemic recovery in accordance with the Mayor’s Economic Blueprint.
Mayor Announces $1.5 Million Investment in Small Business Resource Network
On July 26, 2022, Mayor Eric Adams announced a $1.5 million investment in the NYC Small Business Resource Network. Building on commitments from the Mayor’s Economic Recovery Blueprint, this investment will allow the resource network to extend programming through 2023.
NYC Adds Over 22,100 Private Sector Jobs in June
June is the city’s fifth consecutive month of continued private sector job growth. On July 22, 2022, the NYC Economic Development Corporation (EDC) announced in its monthly Economic Snapshot that 22,100 private sector jobs were added in June in NYC.
Small Business Services Awards $3.8 Million in Nonprofit Grants
Funding from the Avenue NYC and Neighborhood 360 grant programs will be awarded to 24 nonprofits working towards pandemic recovery in low to moderate income neighborhoods. On July 13, 2022, the NYC Department of Small Business Services (SBS) announced it will award $3.8 million in multi-year grants through the Avenue NYC and Neighborhood 360 programs. This investment will be divided among 24 community-based development organizations working in low-to-moderate income neighborhoods.
COMPLETE VIDEO: 180th CityLaw Breakfast with Jacques Jiha, Director of the NYC Office of Management and Budget
Today, June 29, 2022, Office of Management and Budget Director Jacques Jiha spoke at the 180th CityLaw Breakfast. His talk focused on the City’s economic recovery and the shaping of the City’s budget in response to the pandemic. Professor Ross Sandler, Director of the Center for New York City Law provided opening remarks. Dean and President of New York Law School Anthony W. Crowell held a closing discussion with Director Jiha and Professor Sandler. This … <Read More>