Community Board No. 3, Manhattan, New York City




Lower Manhattan Small Firm Assistance Program

http://www.renewnyc.com/ProjectsAndPrograms/small_firms.asp
LMDC Contact person: Andrew Carty; 212.962.2300

Program Description

The Small Firm Assistance Program (the "Program") has been established by the Lower Manhattan Development Corporation (LMDC), in cooperation with the New York City Department of Small Business Services (SBS) and the New York City Economic Development Corporation (EDC), to promote economic development by assisting small firms that have suffered business disruption as a result of publicly-funded construction projects during the Program eligibility period. The Program seeks to assist eligible businesses affected by the temporary closure of streets or sidewalks and to address the potential for blight during the Program eligibility period. Grant awards will mitigate documented adverse effects and contribute to a firm’s working capital.

Summary of eligibility

  • "you have to be on the same street as the construction"
  • "there has to be a street or sidewalk closure of more than 15-days within a 30-day period"
  • "less than 50-employess"
  • "must be a first-floor business"
  • "show demonstrated impact"