Financing

7(a) Loan Guarantee (SBA)
Up to an 85% guarantee on loans from $35,000 - $2,000,000, for working capital, start up, expansion, and assets

7(m) Loan Guarantee (SBA)
Up to a $35,000 "micro" loan for your business

504 Loan Guarantee (SBA)
A fixed asset loan, with only a 10% contribution from the owner

Access to Debt and Equity Capital (MBDA)
Assistance for established and high-growth minority enterprises in obtaining debt and/or equity capital, and bonding.  Loan size based on borrower needs and financial condition

Empire Zone Financing (SZCC)
From $50,000 - $500,000, targeted at zone-certified businesses, for all purposes

Empowerment Zones and Empire Zones (ESDC)
Benefits for businesses currently residing in a zone or willing to relocate to a zone. Focusing on expansion and job creation in underserved areas

Manufacturing Facility Bond Program (NYCEDC)
Ranging from $1,000,000 - $10,000,000, provides manufacturing businesses with financing for capital investment

MWBDC Fund (ESDC)
From $5,000 to millions of dollars, for growth and expansion to minority- and women-owned businesses

NYC Capital Access Program (NYCEDC)
Provides from $50,000 - $500,000 for small business growth

Printers' Relocation Fund (SBS)
For printers, 50% reimbursement of moving costs up to $200,000

Relocation grants (IMB)
Grants in order to retain and attract industrial and manufacturing businesses. Eligible industrial firms can receive the lesser of 90% of eligible moving costs, $4.00 per square foot of the move-out location or $30,000

Seedco Loan program (SBS)
A low Interest loan program of $5,000-100,000 targeted to Downtown businesses through the Lower Manhattan Business Solutions Center

SBA Disaster Loan (SBA)
Disaster loans up to  $1,500,000 at 4% interest, for businesses, homeowners and renters

Incentives

CEP (Commercial Expansion Program) (NYC DOF)
Property tax abatement to promote the development of commercial and industrial areas outside of Manhattan’s central business districts. Abatements are available for businesses that have office or industrial space is in an eligible nonresidential or mixed-use building in the abatement zone.  The abatement zone is in Manhattan, north of 96th Street, or in any area of the other four boroughs

CRP (Commercial Revitalization Program) (NYC DOF)
Intended to encourage investment in older commercial space.  The program offers tax abatements to increase tenant occupancy in lower Manhattan.  Only offices and retail businesses are eligible

Commercial Abatement Program (NYC DOF)
Helps commercial vehicle owners reduce their parking fines

Empire Zone Portfolio Incentives (SBS)
Includes wage tax credits, investment tax credits, real property state credits (for small and large businesses)

Energy Cost Savings Program (SBS)
Reduces energy costs by 45% for electricity, 35% for gas

Fleet Program (NYC DOF)
A tracking report of a business’s parking tickets

ICIP (Industrial and Commercial Incentive Program) (NYC DOF)
Partial exemptions from or abatements of property taxes for varying periods of up to 25 years for eligible industrial and commercial buildings that are built, modernized, rehabilitated, expanded, or otherwise physically improved

LMEP (Lower Manhattan Energy Program) (SBS)
Reduce regulated electricity costs up to 45%. Benefits last for eight years followed by a four-year phase out.

LMREAP (Lower Manhattan Relocation and Employment Assistance Program) (NYC DOF)
Offers tax credits of $3,000 per employee per year for 12 years for firms that relocate from outside of New York City to Lower Manhattan

Lower Manhattan Incentives Calculator (DTA)
A calculator that quantifies the savings businesses can obtain from leasing space downtown

Lower Manhattan Small Business Resource Guide (SBS)
Provides small businesses located in Lower Manhattan with a list of contacts and incentives available to assist them

NYC Delivery Solutions (NYC DOF)
Formerly called the Stipulated Fine Program, consolidates parking tickets into one payment, minimizing fines

REAP (Relocation and Employment Assistance Program) (NYC DOF)
Encourages businesses to relocate from outside the City to the City and from Manhattan below 96th Street to either Manhattan above 96th Street or to one of the other four boroughs

Small Industrial Incentive Program (NYCEDC)
For industrial companies undergoing renovation projects of at least $400,000, provides a reduction of land taxes, up to $500 per employee and a sales tax exemption on materials 

Hiring and Training

Minority Business Knowledge Center (MBDA)
Administers programs such as Minority Enterprise Development (MED) Week Training Conference, Youth Entrepreneurship, Minority Business Research Studies, Minority Business Community Exchange (minority firms)

Seedco Wage Subsidies (NYS DOL)
Wage subsidies for small businesses, up to $12 per hour, for 6 months

Workforce One Career Centers (SBS/US DOL)  
No fee workforce development services and job placement through faith-based and community-based organizations

Planning and Management

ACRIS (NYC DOF)
Database of property ownership information for the City’s residential and commercial properties, ACRIS allows anyone with internet access to search property records and view document images for Manhattan, Queens, Bronx, and Brooklyn back to 1966

Avenue NYC (SBS)
A project of the Department of Small Business Services to ensure that New York's business districts are as vibrant as can be. Each year, SBS partners with local organizations to markedly improve New York's business districts.

BID Program (SBS)
A Business Improvement District (BID) delivers supplemental services such as sanitation and maintenance, public safety and visitor services, marketing and promotional programs, capital improvements and beautification in a designated area. Provides help to 67,000 businesses in over 50 districts to promote retention and growth

Business District Development (IMB)
Zoning and business assitance to retain, protect and attract industrial and manufacturing businesses in IBZ districts

Free and Low Cost Business Assistance (SBA)
Free- and low-cost business education and training for all small businesses, but targeting minority businesses with less than 500 employees

Interest Rate Calculator (NYC DOF)
Helps taxpayers calculate interest on late payments

MBE Business Management Assistance (minority firms) (MBDA)
Certification assistance; management, marketing, strategic planning and technology consulting for established and/or high-growth minority enterprises.   Assistance provided for joint ventures and other strategic business alliances for minority enterprises

MWB Certification (ESDC)
Certification for state procurement contracts (contract amount open)

M/WBE and LBE Programs (SBS)
Access to contracts and capacity building for minority- and women-owned businesses and Locally Based Enterprises through classes, one-on-one counseling and mentoring

Bank Partnerships (NYS Banking)
Promotes partnerships between banks and nonprofits to enhance lending capacity for small businesses

Online Business Tax Form Database (NYC DOF)
All New York City business tax forms are available online

Regulations and Contracts

Open Forums (SBA)
An advocacy group, Ombudsman provides free forums for small businesses to discuss government regulations and red tape

Business Outreach Team (SBS)
On-site help with regulations, permits, and emergencies

CRA Credit (NYS Banking)
Regulatory credit to banks who provide money and technical assistance to small businesses and nonprofits

Enrolling in City Payments by EFT (NYC DOF)
City vendors who would like their payment direct-deposited to their bank accounts can do so by enrolling in the vendor EFT (electronic funds transfer) program

Federal Government Contract Assistance (SBA)
Assistance with federal government contracts for all small businesses and SBDs (a $200B market)

Getting Paid by the City (NYC DOF)
The Department of Finance pays all the City's vendors, contractors, and other entities that provide goods and services to City agencies and monitors these individuals and companies for tax compliance

Government & Corporate Contracting Assistance (minority firms) (MBDA)
Assistance with registering as a minority business; accessing government and corporate contracts; and networking opportunities through seminars and matchmaking events. Electronic contract matching provided through Phoenix/Opportunity database

Industrial Business Zones (IMB)
Creates zoning to retain, protect and attract industrial and manufacturing businesses in IBZ districts

M/WBE and LBE Programs (SBS)
Classes and partnerships for minority- and women-owned businesses, as well as Locally Based Enterprises