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FOR IMMEDIATE RELEASE
Wednesday, March 2, 2011


DEPARTMENT OF SMALL BUSINESS SERVICES ACCEPTING APPLICATIONS FOR AVENUE NYC PROGRAM

New York’s Economic Development Organizations Are Invited To Apply For Avenue NYC Grants To Help Fund Commercial Revitalization Activities In Their Districts


New York, March 2, 2011 – The Department of Small Business Services (SBS) is accepting applications for the Fiscal Year 2012 Avenue NYC program. Avenue NYC is a competitive grant program that provides funding for non-profit economic development organizations to carry out commercial revitalization activities in the districts they serve.  Avenue NYC also offers a number of capacity building initiatives to support the efforts of organization throughout the City.

“Through innovative public-private partnerships like Avenue NYC we help New York City's retail districts remain vibrant places in which to live, work, and do business,” said SBS Commissioner Robert W. Walsh. “I encourage local economic development organizations to apply for the program.”

Each year, SBS partners with local organizations in neighborhoods throughout the City to implement programs that markedly improve conditions in these districts. In fiscal year 2010, Avenue NYC-funded organizations attracted 62 new businesses to their corridors, created 12 new merchants associations and revitalized another 15, and put 7 corridors on the road to forming Business Improvement Districts.

This year, non-profit economic development organizations can apply for funding in one or more of Avenue NYC's six project categories: Business Attraction, Façade Improvement Management, Merchant Organizing, Multi-Neighborhood Initiatives, Placemaking, and Website Development. There is $1.7 million in funding available for the 2012 fiscal year.

Organizations that are interested in applying for the Fiscal Year 2012 Avenue NYC program are welcome to attend one of the following information sessions to be held at the offices of the New York City Economic Development Corporation, located on the fourth floor of 110 William Street in Lower Manhattan.

  • Monday, March 14 from 10:00 AM to 12:00 PM
  • Thursday, March 24 from 10:00 AM to 12:00 PM
  • Monday, March 28 from 2:00 PM to 4:00 PM

During these sessions, SBS staff will provide a comprehensive overview of the Fiscal Year 2012 Avenue NYC program and the application process. Please RSVP by emailing avenuenyc@sbs.nyc.gov.

The deadline for submission of the application is Friday, April 8, 2011.

All application materials should be submitted electronically to avenuenyc@sbs.nyc.gov.  

About The Department of Small Business Services
The Department of Small Business Services (SBS) makes it easier for businesses in New York City to form, do business, and grow by providing direct assistance to business owners, fostering neighborhood development in commercial districts, and linking employers to a skilled and qualified workforce. NYC Workforce1 Career Centers offer services to meet the needs of all jobseekers, including one-on-one job and career counseling, technical and educational services, workshops, and referrals to training providers. For more information go to www.nyc.gov/sbs.



  Contact: Sarah Krauss (SBS) 212-618-6716  

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