Strategic Impact Grants

street scene with people seated at community tables under an elevated train track

Strategic Impact Grants provide funding to Community-Based Development Organizations (CBDOs) to implement targeted commercial revitalizations projects that support small businesses. The program focus of the Strategic Impact Grant program may change semiannually or annually, as new funding becomes available. Funding may also be offered to provide services to single neighborhoods, multiple neighborhoods, or on a citywide scale.

FY25 Merchant Organizing  

The FY25 Merchant Organizing Grant will fund nonprofit organizations to support commercial districts and merchants associations across New York City. Applicants must propose place-based projects and services that aim to form new merchants associations or revitalize existing merchants associations in a specific neighborhood. Projects should engage merchants to develop relationships, foster partnerships, and build local capacity to steward ongoing commercial revitalization efforts beyond the term of the grant. In addition to merchant meetings and engagement, applicants are strongly encouraged to propose at least one demonstration project that will garner merchant support and demonstrate the value of joining a merchants association. Demonstration projects may align with one or more of the following categories: 

  • Business Attraction
  • Business Support and Retention
  • Cleanliness and Beautification
  • District Marketing
  • Placemaking

The FY25 Merchant Organizing Grant will fund up to $100,000 per neighborhood to nonprofit organizations to lead merchant organizing efforts. Grant work will be implemented between July 2024 and June 2025. Grants will be awarded through a competitive application process. Priority consideration will be given to neighborhoods where SBS does not currently have any place-based investments. View a map of where SBS currently has multi-year place-based investments here. Proposed projects and services should align with the best practices outlined in SBS’ Comprehensive Guide to Starting a Merchants Association.


Applications are now open and can be accessed via SuveyMonkey Apply Here.  

Read the FY25 Merchant Organizing Strategic Impact Grant Program Guidelines for more information. 

Applications must be submitted by 11:59 p.m. on Friday August 2, 2024 in order to be considered for funding.

FY25 Public Realm Grant Program

The Public Realm Grant seeks to provide funds to eligible nonprofit organizations that intend to address commercial district needs related to improvements in the public realm. Applicants must propose place-based projects to design, produce, and install creative streetscape improvement projects on commercial corridors. Proposals should respond to local conditions and opportunities related to lighting, public art, or wayfinding. Applicants are also encouraged to propose projects that incorporate elements related to district marketing, design innovation, or other quality of life improvements. Projects must be implemented on commercial corridors where there is substantial storefront business activity. Building off of the Making New York Work for Everyone Action Plan, this program recognizes that public space programming, art, and tactical transformations can play a pivotal role in enlivening neighborhoods and fostering commercial revitalization.  

The Public Realm Grant will award up to $100,000 per neighborhood in single-year grants to nonprofit organizations for the design, planning, and implementation of streetscape enhancement projects. Grants will be awarded through a competitive application process. Grant work must be implemented between July 1, 2024 and June 30, 2025. 

Read the FY25 Public Realm Grant Program Preliminary Application Guidelines  for more information.  

Applications are now closed.

Additional Resources