New York state just launched an $800m business recovery grant program. Watch this video for more details.
Earlier this week, a new service to help SMEs was launched. NYC Business Quick Start is a $11m concierge service designed to eliminate a lot of bureaucracy, thus facilitating business development for these small firms.
Established in conjunction with Jonnel Dorris, the Commissioner at the NYC Department of Small Business Services, Mayor Bill de Blasio is also working with the Department of Buildings, Department of Environmental Protection, Department of Health and Mental Hygiene, the New York City Fire Department and the New York City Department of Small Business Services.
This really couldn’t have come at a better time. As Mayor Bill de Blasio said:
There’s no time to wait for our small businesses to return to the neighborhoods they serve. This is the moment to bring New York City back, and that starts with making this city the easiest place in America to open a small business’ doors. This program will give business owners all the tools they need to run their businesses smoothly and build a recovery for all of us.”
It is hoped that this initiative will make New York City one of the nation’s easiest place to open (or reopen) an SME.
Small businesses are starting to re-open in the New York area. It’s not an easy time. In this video, Jenna DeAngelis of CBS2 discusses some of the issues.
In this video, one small NY business owner, Jim Napolitano of Ben’s Market, Riverdale, talks to CBS about exorbitant running costs of making a living as a SME owner in the region. As a result, many store fronts are up for rent as people just can’t manage. However, Ydanis Rodriguez may have a solution…