Do you own a small business that suffered damage, had business interruption or otherwise suffered significant capital loss during storms Sandy, Irene or Lee? You need to know that a deadline has been set for May 1, 2015 to submit documentation to either open or continue with an application for grant funding through the New York Rising Small Business Recovery Program. This applies to those who have initiated paperwork and just haven’t completed the process or if you haven’t applied at all.
Many have taken the initial $10,.000 or even a base award of $50,000 and do not realize there may be 10’s of thousands of dollars left on the table for their business. This is not limited to construction activity, if your business suffered losses listed below you may be eligible for additional funding. These losses include:
- Working Capital
- Moveable Machinery and/or Equipment
Whether you have a stand alone business or a small residential based business it is worth it to pursue initial or additional funds to aid in the recovery process. This is a much more streamlined process than other portions of the recovery grants.
You have time after May 1 to get the full application in but you MUST get in a couple simple forms by the May 1, 2015 deadline to be able to pursue this grant. If you’d like some help to find out if your business is eligible and get some help navigating this process, just fill out the simple form and we’ll get you started.
There is no fee for consultation or to get the initial deadline paperwork in so there’s nothing to lose!