Application for $28.6 Billion Restaurant Revitalization Fund opens on April 30

The U.S. Small Business Administration will begin registrations on Friday, April 30, 2021, at 9 a.m. EDT and open applications on Monday, May 3, 2021, at noon EDT for the Restaurant Revitalization Fund. The online application will remain open to … Read More

SBA Launches Supplemental Targeted Advance for Small Businesses Hardest Hit by COVID-19

Photo credit: Iryna The U.S. Small Business Administration launched a new round of Economic Injury Disaster Loan (EIDL) assistance – called Supplemental Targeted Advances – on April 22, 2021 that will provide $5 billion in additional assistance to 1 million … Read More

Applications for free instructional course for Black entrepreneurs now open

Photo credit: Jono Erasmus NYC Department of Small Business Services (SBS) Commissioner Jonnel Doris announced “BE NYC Startup Intensive,” an instructional course to provide Black entrepreneurs with resources and support they need to launch and grow successful businesses. The course … Read More

President Biden signs “PPP Extension Act of 2021” extending application deadline to May 31, 2021

Photos credit: White House President Joe Biden signed into law H.R. 1799, the “PPP Extension Act of 2021,” on Tuesday, March 30, 2021. The “PPP Extension Act of 2021,” extends the Paycheck Protection Program (PPP) application deadline to May 31, … Read More

SBS can help you apply for PPP for free before March 31st deadline

NYC Department of Small Business Services (SBS) Commissioner Jonnel Doris announced that SBS is continuing to help businesses connect to the Paycheck Protection Program (PPP) in the 2 weeks remaining until the program is set to end on March 31, … Read More

NYC Department of Small Business Services launches new campaign to support Black-owned businesses

NYC Department of Small Business Services (SBS) Commissioner Jonnel Doris announced Shop Your City: BE NYC, a targeted campaign to encourage New Yorkers to shop from the city’s Black-owned businesses. Studies show that Black businesses have been severely impacted by … Read More

Biden-Harris administration announces changes to PPP benefiting small businesses left behind in previous relief efforts

The Biden-Harris administration announced several reforms targeting the PPP to the smallest businesses and those that have been left behind in previous relief efforts. While these efforts are no substitute for passage of the American Rescue Plan, they will extend … Read More

New York City Council Reforms Street Vendor System

Photo credit: Isseu Diouf Campbell The New York City Council voted on a historic legislation, sponsored by Council Member Margaret Chin, to mandate significant reforms to the street vendor system January 28, 2021. “Introduction 1116 finally puts an end to … Read More

City launches three new mentorship programs for women and minority owned businesses

NYC Department of Small Business Services (SBS) Commissioner Jonnel Doris today announced the launch of three new mentorship programs expected to serve 1,500 businesses in 2021. The programs, ‘Small Business Mentors NYC,’ ‘BE NYC Mentors,’ and ‘M/WBE Mentors,’ will provide … Read More

Kenneth Ebie appointed as Executive Director of Black Entrepreneurs NYC

Photo credit: Isseu Diouf Campbell NYC Department of Small Business Services (SBS) Commissioner Jonnel Doris announced the appointment of Kenneth Ebie as the inaugural Executive Director and Chief Development Officer of Black Entrepreneurs NYC (BE NYC). In this role, Ebie … Read More

New York City enters Phase Four, the final phase of reopening

After being the epicenter of the coronavirus crisis in the US in April and May, New York City entered Phase Four, the final phase of reopening, on July 20, 2020. This phase includes reopening for low-risk outdoor arts & entertainment, … Read More

NYC Department of Small Business Services to offer free compliance consultations to restaurants

Photo credit: BullRun NYC Department of Small Business Services (SBS) Commissioner Jonnel Doris announced the expansion of its no-cost compliance consultation services to help businesses open safely under the Open Restaurants program, avoiding costly fines and penalties. The new program … Read More

Street Vendor Project creates fund for immigrant workers excluded from government financial relief

Photo credit: Mathew Hayward The Street Vendor Project (SVP) at the Urban Justice Center is creating a fund to help the hundreds of thousands of workers in New York State that have been excluded from any sort of emergency income … Read More

African New Yorker Gérard Koala to receive in July the Best African Cultural Promoter Award at PADEV 2020

Gérard Koala, African New Yorker, DJ and coordinator of the FONY Festival, promoting African culture in New York, is among the winners of PADEV 2020, the African Development Prize, honoring those whose works in their respective sectors of activity, by … Read More

What NYC Hair Salons, Barbershops, Restaurants and Stores need to know about Phase Two of reopening

New York City is set to enter Phase Two on Monday, June 22, 2020. Businesses allowed to re-open on Phase Two are: – Hair Salons & Barbershops – Outdoor and Take-Out/Delivery Food Services – Essential and Phase II In-Store Retail … Read More

One Hundred Black Men partners with Hennessy to provide grants up to $15,000 to black businesses

The Harlem based organization One Hundred Black Men is partnering with Hennessy to provide grants from $5,000 to $15,000 to black businesses impacted by COVID-19. The program, called Unfinished Business, provides immediate resources and long-term support to several communities bearing … Read More

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