On May 15, 2022, Mayor Eric Adams announced reforms to 118 city regulations relating to small businesses. In January 2022, Mayor Adams signed the “Small Business Forward” executive order that required several city agencies to review their business regulations to determine which regulations could have reduced fines, extended cure periods, or be repealed to assist small businesses in their recovery from the ongoing COVID-19 pandemic. The new announcement reveals the 118 regulations that will be … <Read More>
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Mayor Announces Restart of No-Penalty Inspection Initiatives for Business Signs, Retaining Walls
On April 27, 2022, Mayor Eric Adams announced the relaunch of two initiatives aimed at improving building safety while removing financial penalties. The No-Penalty Business Accessory Sign Inspection Program and the No-Penalty Deck and Retaining Wall Inspection Program incentivizes small business owners and other property owners to ensure their buildings are safe without the worry of a penalty if there is an issue to be fixed.
Mayor and SBS Launch “Shop Your City: BE NYC” to Support Local Black-Owned Businesses
The campaign aims to support businesses who have continued to serve their communities during the pandemic. On February 18, 2021, Mayor Bill de Blasio and Small Business Services Commissioner Jonnel Doris announced “Shop Your City: BE NYC,” a new targeted campaign aimed to encourage New Yorkers to support local Black-owned businesses. Between February and April 2020, Black businesses as a whole saw a 41 percent decrease in business activity. While the pandemic has hit all … <Read More>
Mayor de Blasio Launches BE NYC to Grow Black Businesses
On August 19, 2020, Mayor de Blasio announced BE NYC, a new initiative that will increase the number of Black-owned businesses in high-growth industries Citywide. Additionally, the Department of Small Business Services has released the landmark Black entrepreneurship report and launched four new programs for Black business owners.
Mayor Signs Executive Order Supporting Minority and Women Owned Businesses
The City awarded over $3 billion in contracts to minority and women-owned businesses in FY19. The City is On July 28, 2020, Mayor Bill de Blasio signed Executive Order 59 to increase the City’s utilization of Minority and Women-Owned Businesses (M/WBEs), and also announced numerous programs with the Taskforce on Racial Inclusion and Equity that will connect Black and Latinx entrepreneurs to business opportunities.
Comptroller’s Report Reveals COVID-19 Impact on Minority- and Women- Owned Businesses
Eighty-five percent of the survey respondents expect to go out of business within six months. On July 10, 2020, New York City Comptroller Scott M. Stringer released a comprehensive analysis of the economic hardships minority and women-owned enterprises (M/WBEs) are facing during the COVID-19 pandemic. In response to the survey findings, Comptroller Stringer announced new accountability measures to ensure the City is meeting its M/WBE goals.