Page last updated: June 3, 2020
A number of federal, local, and private resources are being made available to businesses affected by COVID-19. This page will continue to be updated to reflect the most current information.
Reopening New York
Phase I of NYC Reopening
On June 8th, the NYC region begins to reopen, starting with Phase I, which includes the following industries:
- Agriculture, Forestry, Fishing and Hunting
- Retail - (Limited to curbside or in-store pickup or drop off)
- Wholesale Trade
Each industry is subject to specific state guidelines to maximize safety and social distancing. Business guidance for the state’s Phase I reopening is available here. Phase 1 is expected to bring back about 400K workers to the city’s workforce.
The City has also outlined additional guidance and support for the industries permitted to restart in Phase 1 in NYC. Businesses will be required to keep people six feet apart, and tightly confined spaces must reduce occupancy to 50%. Employers will be required to provide face coverings to their employees and require that they wear them [please see a list of PPE resources below]. In addition, businesses will need to implement mandatory health screenings of employees, such as temperature checks and questionnaires.
Food & Beverage Operator Survey In order to directly inform work currently being done across all City agencies on a Restaurant Recovery Plan, the Food & Beverage Industry Partnership team at NYC Dept. of Small Business Services is collecting information from independent food & beverage operators. The professional insight of restaurant and bar owners is necessary to design the best path forward for small businesses. Please share this survey. Also available in Spanish.
Commercial District Recovery Guide To help small businesses and commercial districts, Streetsense and Local Initiatives Support Corporation (LISC) partnered to author a Commercial District Recovery Guide. The guide provides a curated roadmap to support recovery efforts in downtowns and commercial districts, and includes strategies, as well as case studies from communities across the country. Download the guide here.
Major programs and initiatives of the CARES Act relief package include the following loans:
- The Paycheck Protection Program (PPP) loan provides funds to eligible businesses and nonprofits for making payroll payments, mortgage interest payments, rent, and utilities. SBA will forgive the loans if all employees are kept on payroll for eight weeks and the funds are used for the listed purposes.
- The Small Business Administration’s Economic Injury Disaster Loan (EIDL) program provides eligible small businesses with working capital loans of up to $2 million to support small businesses experiencing the temporary loss of revenue. The CARES Act includes an emergency EIDL Advance of up to $10,000 to help eligible small businesses, private nonprofits, and 501(c)(19).
- The Express Bridge Loan enables eligible small businesses who have an existing relationship with an SBA Express Lender to quickly access up to $25,000 in loans. Eligibility requirements for this and other SBA 7(a) loans can be found here.
- SBA is deferring payments on Serviced Disaster Loans through December 31, 2020, paying the principal, interest, and fees of current 7(a), 504, and microloans for a period of six months, and paying the principal, interest, and fees of new 7(a), 504, and microloans through September 27, 2020.
Additional information about SBA loans can be found via the following links:
- SBA Coronavirus Small Business Loan Page
- Coronavirus (COVID-19): Small Business Guidance & Loan Resources
- SCORE is offering assistance in filling out SBA loan applications
- Small Business Development Centers are also offering assistance
New York Forward Loan Fund (NYFLF). Application Status: applications considered on a rolling basis.provides working capital loans so that small businesses, nonprofits and small landlords have access to credit as they reopen. These loans are available to small businesses, nonprofits, and small landlords that did not receive a loan from either the U.S. Small Business Administration (SBA) Paycheck Protection Program (PPP) or SBA Economic Injury Disaster Loans (EIDL) for COVID-19 in 2020.
Hebrew Free Loan Society Coronavirus Financial Impact Loan. Application Status: Open. Applications are open for HFLS’s zero-interest loans of up to $5,000, open to New York City, Westchester, and Long Island residents who are facing financial challenges due to COVID-19, including small business losses.
Kiva is supporting small businesses impacted by COVID-19 by expanding loan eligibility to more small business and increasing loan amounts to $15,000 for small businesses and entrepreneurs.
Brooklyn COVID-19 Response Fund. Brooklyn Community Foundation is awarding grants of up to $10,000 to Brooklyn nonprofits whose work align with the Foundation’s mission to address racial injustice. Application Status: Open on a rolling basis until June 30, 2020.
Hello Alice COVID-19 Business for All Emergency Grant. Alice is awarding $10,000 emergency grants to small business owners. The site also features a business resource hub aimed at supporting small businesses, with informational, funding, and technical resources updated daily. Application Status: Open on a rolling basis.
Robin Hood COVID-19 Relief Fund. Robin Hood has opened applications for program-specific and general operation grants to frontline 501(c)(3) organizations in New York City that are providing relief and services to disadvantaged communities. Application Status: Open on a rolling basis.
NYC Nightlife United is offering emergency funds for shuttered cultural centers and individual artists affected by the COVID-19 pandemic in NYC. Applications will open in two phases, beginning with small business venue owners on June 5. Application Status: applications open June 5.
Southern Smoke Foundation Emergency Relief Program
The Southern Smoke Foundation is providing support in the form of individual grants to restaurant and bar owners and employees who have emergency expenses that are not covered by insurance. Disponible en español. Application Status: Open.
The Red BackPack Fund will be making at least 1,000 grants of $5,000 each to female entrepreneurs to help alleviate the immediate needs and support the long-term recovery of those affected by this COVID-19 crisis. Application Status: the application portal opens on the following dates: June 1-8; July 6-13; Aug. 3-10.
WE Fund Credit is a business line of credit from WE.NYC’s partner foundation in amounts of $10,000 to $100,000.
Almanac has developed a comprehensive and regularly updated COVID-19 financial assistance guide for startups.
Google Ad Credits is a $340million program aimed at alleviating some of the cost for small and medium-sized businesses by offering ad credits to small businesses using Google Ads worldwide.
- The City Bar Justice Center (CBJC)’s COVID-19 Small Business Legal Clinic offers remote support for COVID-19 related inquiries from New York City small businesses and entrepreneurs. Potential clients can request an appointment for a 45-minute consultation via this link. Disponible en español.
- The Small Business Legal Relief Alliance (SBLRA) is providing free consultations with pro bono lawyers for small businesses, non-profits, and self-employed individuals impacted by COVID-19. Learn more about practice areas and request assistance here.
- Lawyers Alliance for NY is offering one-hour virtual consultations with volunteers its partner law firms for nonprofits that are seeking general information about the PPP and/or EIDL. Request assistance here.
Business Consultation + Resources
- SCORE’s Remote Mentoring and Webinars. SCORE, a nationwide network of volunteer business mentors, is providing free, remote mentoring and offering webinars and workshops around managing a business amid COVID-19. The website also links to additional resources and articles.
- Small Business Development Center. The SBDC network is offering webinars for small businesses on policy updates and management advice during COVID-19. More information can be found here. SBDC also has local offices that offer consultations and trainings.
- IMPACCT Brooklyn Small Business Webinar Series. IMPACCT Brooklyn, a local community development corporation, is hosting free webinars for start-ups and existing businesses. Individuals can register via the Google Form at this link and find additional resources on the IMPACCT Brooklyn website here.
- Restaurant Industry Support Webinar. The James Beard Foundation is hosting a series of webinars on the impact of COVID-19 in the restaurant and hospitality industry. Upcoming sessions and registration links can be found here. The organization has also posted about how the restaurant industry is responding to the crisis.
- Engine has compiled a list of resources to help startups navigating these uncertain times—from guidance on protecting the health and safety of your teams to information about accessing federal economic relief.
- Goldman Sachs U.S. Small Business Resource Center for small businesses and entrepreneurs navigating the fallout from COVID-19. Resources include policy explainers, loan application instructions and related Goldman Sachs programs.
- NYC Department of Small Business Services is offering webinars in English, Spanish, and Mandarin to help business owners learn about a range of assistance programs available for small businesses impacted by COVID-19. View upcoming dates and register to attend here.
Several organizations are compiling information about COVID-19 guidelines and resources as they pertain to nonprofit organizations.
- 501(c)(3) organizations in need of volunteer support around critical services can request assistance from New York Cares. New York Cares and NYC Service’s presentation deck on volunteer management during a crisis can be found here.
- Lawyers Alliance for New York is posting legal alerts.
- The New York State Council on the Arts compiled a list of resources for artists and arts organizations, ranging from to webinars to emergency funding opportunities for individuals and organizations.
- Nonprofit Finance Fund has compiled resources for nonprofits and made several COVID-19-specific as well as general webinars available. Disponible en español.
- FMA has a toolkit for nonprofits navigating Paycheck Protection Program.
- Nonprofit Quarterly has written about how nonprofit organizations can utilize provisions in the CARES Act. (Note: some of the loans are not currently accepting new applications.)
Federal Tax Deadline Extended
On the Federal level, the Treasury Department and the Internal Revenue Service are providing special tax filing and payment relief to individuals and businesses in response to the COVID-19 outbreak. The filing deadline for tax returns has been extended from April 15 to July 15, 2020.
City + State Resources
NYC Small Business Support
Stay up to date on City programs as more details become available here.
New York Forward Business Reopening Lookup Tool. The NY Forward website enables businesses to look up their eligibility to reopen and health and safety compliance requirements. Click here to access.
Job Protection. Governor Cuomo signed a bill guaranteeing job protection and pay for New Yorkers who have been quarantined as a result of novel coronavirus. More info here.
NYS Unemployment. Employees who experience reduced hours (by 50% or more for full-time personnel) or layoffs due to COVID-19, may be eligible to apply for unemployment benefits from New York State. The standard seven day waiting period has been lifted and affected employees can begin to apply for and drawing benefits immediately. More info here: https://www.labor.ny.gov/home/…
Moratorium on Evictions. The Governor announced and extension of the moratorium on evictions for commercial and residential tenants through August 20. New York City’s court system has suspended all eviction proceedings, in addition to other ‘non-essential cases.’
Mortgage Relief. NY State Department of Financial Services has issued a new directive to New York State mortgage servicers to provide 90-day mortgage relief, including waiving mortgage payments based on financial hardship, no negative reporting to credit bureaus, a grace period for loan modification, and no late or online payment fee
During this time, the three Business Improvement Districts (BIDs) that DBP manages are maintaining their high level of service with our Public Safety and Clean Street teams.
If you wish to report a safety issue, please contact: DBP Public Safety Office: 718-797-5996 / firstname.lastname@example.org In cases of emergency, always call 911.