The Small Business Improvement District (BID) Support Grant Program fulfills a commitment in Mayor Eric Adams' "Rebuild, Renew, Reinvent: A Blueprint for New York City's Economic Recovery" to "fortify NYC's commercial corridors, providing critical resources to small BIDs and helping launch new ones throughout the five boroughs."
Of New York City's 76 BIDs, more than half have modest assessments of $600,000 or less with which to provide supplemental services, programming, and improvements to their commercial districts. Generally, the organizations managing these small BIDs have two or fewer staff members. Lack of adequate resources prevents the smallest districts from delivering services and programs comparable to larger districts, and raising assessments often poses significant challenges to property and business owners in the districts. In addition, BIDs serving low- to moderate-income communities face resource challenges and unique on-the-ground issues, even with larger assessments.
The Small BID Support Grant Program proactively addresses issues of resource access and equity within the boundaries of BIDs throughout the five boroughs.
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Single District Grants
Single District Small BID Support Grants provide funds to place-based nonprofit organizations that are currently addressing commercial corridor recovery, management, and growth within the boundaries of an existing Business Improvement District (BID) in NYC with an annual assessment less than or equal to $600,000 OR with an annual assessment less than or equal to $1 million and located in a low- to moderate-income neighborhood.
Funding for Single District Small BID Support Grants will provide up to $100,000 for staffing, planning, and implementing commercial revitalization projects within Designated Service Areas for Fiscal Year 2024 (July 1, 2023 – June 30, 2024) per district.
Read the FY24 Single District Small BID Support grant program guidelines for more information.
Applicants must be:
Applications for FY24 are now closed
Citywide Small BID Support Grants provide funds to nonprofit organizations for the development and deployment of technical assistance programs, capacity building resources, and back-office services for collective impact to provide direct assistance and support to multiple Business Improvement Districts, with priority given to those with an annual assessments less than or equal to $1,000,000.
Funding for Citywide Small BID Support Grants will provide up to $300,000 for Fiscal Year 2024 (July 1, 2023 – June 30, 2024).
Read the Citywide Small BID Support grant program guidelines for more information.
Applicants must be:
Applications are due by Friday, November 10, 2023 at 11:59 p.m. Apply via SurveyMonkey Apply