SBS, along with partners New York City Economic Development Corporation and New York City Business Assistance Corporation, are proud to announce the opening of this year’s Neighborhood Challenge Innovation Grant competition. Neighborhood Challenge grants support innovative and catalytic projects that solve business challenges, generate community and economic impacts, and receive local recognition upon implementation. The competition seeks to make multiple investments of up to $100,000 to community-based development organizations that spark new ideas and approaches to common neighborhood and commercial corridor issues.
Applications are due November 1. Learn more and apply here!
Each year, the Department of Small Business Services compiles a report on the revenues, expenses and impacts of NYC’s Business Improvement Districts. This information is collected to monitor and communicate the impacts of BIDs across the City, as well as share the information with the BID community to better inform their decision making. The data summarized in the report linked below is drawn from the Fiscal Year 2014 Annual Report, provided by each BID to SBS.
Download the 17 page executive summary: FY14 Annual Trends Report Executive Summary
Download the full 124 page report: FY14 Annual Trends Report
The CFY16 Avenue NYC application period is closed. We are currently reviewing all applications received by February 6, 2015 and will release funding decisions by May 2015.