Media

Back
Emergency Capital Financing Opportunity

We are here for your business during the current COVID-19 outbreak. We are monitoring all Federal, State and local disaster incentives as they come available.  Our team has been providing advice on government assistance programs for over two decades with a successful track record of obtaining over $820 million for New York businesses.
Please email Anthony Figliola, EVP & Head of Economic Development at Afigliola@Empiregs.com or call at (516) 663-5335 to let him know of your interest.
SBA’s Coronavirus (COVID-19) Disaster Relief Lending
Up to $2 million Available to Qualifying Businesses
NYC Business Disruption Assistance from COVID-19
NYC Employee Retention Grant Program
New York City is offering several programs to assist businesses who have been impacted by COVID-19.  We are carefully monitoring these programs and are ready to assist you in these applications once they become available.
The City is offering small businesses with fewer than 5 employees a grant to cover 40% of payroll costs for two months to help retain employees.
Eligibility Criteria
Businesses, including non-profits, must:
  • Be located within the five boroughs of New York City
  • Demonstrate that the COVID-19 outbreak caused at least a 25% decrease in revenue
  • Employ 1-4 employees in total across all locations
  • Have been in operation for at least 6 months
  • Have no outstanding tax liens or legal judgments.
NYC Small Business Continuity Fund
Businesses with fewer than 100 employees who have seen sales decreases of 25% or more will be eligible for zero interest loans of up to $75,000 to help mitigate losses in profit.
Eligibility Criteria for the NYC Small Business Continuity Fund
Businesses must:
  • Be located within the five boroughs of New York City
  • Demonstrate that the COVID-19 outbreak caused at least a 25% decrease in revenue
  • Employ 99 employees or fewer in total across all locations
  • Demonstrate ability to repay the loan
  • Have no outstanding tax liens or legal judgments

Copyright © 2020 empire government strategies. All rights reserved.