The U.S. Small Business Administration (SBA) announced today that federal Economic Injury Disaster Loans are available in parts of New York and adjacent counties in Connecticut, Massachusetts, New Jersey and Pennsylvania for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations with economic losses due to drought that began Aug. 9.
The declaration includes Dutchess, Orange, Putnam and Westchester counties in New York; and the adjacent counties of Bronx, Columbia, Nassau, Rockland, Sullivan and Ulster in New York; and Fairfield and Litchfield in Connecticut; Berkshire in Massachusetts; Bergen, Passaic and Sussex in New Jersey; and Pike in Pennsylvania.
Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. The loan amount can be up to $2 million with interest rates of 3.04 percent for small businesses and 1.875 percent for private nonprofit organizations, with terms up to 30 years. Applicants may apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at DisasterLoanAssistance.sba.gov/ela/s/ and should apply under SBA declaration # 17675.
The multi-year OSWD funding includes $150 million for new grant programs administered by ESD that will support employer-driven, high-skilled workforce training programs.
$10,000 grant opportunities now available.
Small businesses are looking for ways to stay competitive in the new digital economy, especially as they continue to face challenges exacerbated by the COVID-19 pandemic. Joining the e-commerce market, attracting new customers and scaling may seem daunting for new and established businesses, but the Verizon Small Business Digital Ready program is here to provide support, including through a new grant program available through November 14, 2022,
Looking for capital for your small business or startup? Through SBA's microloan program, entrepreneurs can borrow up to $50,000 for working capital, inventory, supplies, and more. The average microloan is about $13,000.
Westchester County Business FIRST Grant Program for Diverse Businesses The deadline for Westchester County registered MWBEs, SDVOBs & DBEs impacted by the COVID-19 Pandemic to apply for a Business FIRST Grant is 5:00 PM on October 21, 2022.