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Small BID Support Grant Program
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.
Small BID Support Grant Opportunities
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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.
Who Can Apply
Applicants must be:
- Providing existing commercial revitalization services within the boundaries of eligible Business Improvement District geographies in New York City (list can be found in the guidelines;
- Incorporated nonprofit corporations that operate, or have the authority to operate, in New York City;
- Compliant with annual State and Federal filing requirements that are pertinent to their type of organization, including New York State Charities Bureau filings.
How to Apply
Applications for FY24 are now closed
Citywide Grants
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 and Special Assessment Districts with 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 2023 (July 1, 2022 – June 30, 2023).
Read the Citywide Small BID Support grant program guidelines for more information.
Who Can Apply
Applicants must be:
- Nonprofit organizations that support place-based nonprofit organizations working in commercial revitalization;
- Incorporated as a nonprofit;
- Compliant with annual State and Federal filing requirements.
How to Apply
Applications for FY24 will open in Fall 2023