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.
Search Results for: Business Support
City Seeks Proposals from Startup Operators to Support Underrepresented Tech Founders
The NYC Economic Development Corporation is expanding the Founder Fellowship program to support more entrepreneurs in building tech and tech-enabled businesses. On July 22, 2022, NYC Economic Development Corporation issued a Request for Proposals (RFP) for operators to join the Founder Fellowship, a program that supports women and BIPOC entrepreneurs in the tech industry.
New Hudson Square Business Improvement District Streetscape Unveiled
Hudson Square Business Improvement District was unveiled, marking the completion of the Business Improvement District’s 10-year Master Plan. On July 12, 2022, Mayor Eric Adams alongside the New York City Economic Development Corporation (NYCEDC), the New York City Department of Transportation (DOT), and the Hudson Square Business Improvement District (BID), unveiled the renovated Hudson Street streetscape, marking the completion of the Business Improvement District’s first 10-year Master Plan, Hudson Square is Now, which was … <Read More>
City Council Holds Hearing for Creation of “One-Stop Shop NYC Business Portal”
The New York City Council Committee on Small Business held a public hearing on a proposed digital portal to centralize the information and paperwork necessary to open and run a small business. On June 9, 2022, the New York City Council’s Committee on Small Business held a public hearing on a proposed bill that would require the City to create and maintain the, “One-Stop Shop NYC Business Portal.” The Portal would be an on-line hub … <Read More>
Zoning for Economic Opportunity Aims to Remove Zoning Obstacles for Certain Types of Businesses
On Wednesday, June 1, Mayor Eric Adams outlined his, “City of Yes” initiative. This initiative is the next phase of his, “Rebuild, Renew, Reinvent,” plan to stimulate recovery from the COVID-19 pandemic. “City of Yes,” is built around a series of three as-yet-unwritten zoning text amendments to modernize and simplify zoning resolutions to encourage business growth, stimulate housing creation, and reduce the city’s carbon footprint.
Mayor Announces Reform for Over 100 Business Violations
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>