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Over $500 Million Awarded to NYS from Biden Admin to Support Small Businesses Through the American Rescue Plan

Funding From U.S. Treasury Department's State Small Business Credit Initiative Will Support Businesses Recovering from Economic Impacts of COVID-19 Pandemic.

New yorkUnited statesKathy hochulCommunity development financial institutionRegional partner program fund newSmall business credit initiativeEmpire state developmentMillion communitySeed matching fund program newCapital access programMillion capital loan fund new programUs department of treasuryGovernor kathy hochulNew york stateState small business credit initiativeAmerican rescue plan

New York businesses eligible for millions in funding thanks to Small Business Credit Initiative: Who will it help most?

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New yorkUnited statesJanet yellenKirsten gillibrandKathy hochulCommunity development financial institutionRegional partner program fund newEmpire state developmentMillion communitySeed matching fund program newCapital access programUs senate majority leader chuck schumerMillion capital loan fund new programUs department of treasuryState small business creditAmerican rescue plan

Governor Hochul Announces More than $500 Million Awarded to New York State from Biden Administration to Support Small Businesses through the American Rescue Plan

Governor Hochul announced New York State has been awarded $501.5 million in federal funds through the State Small Business Credit Initiative, which was reauthorized and expanded as part of the American Rescue Plan Act.

New yorkUnited statesWhite houseDistrict of columbiaGregory meeksCarolyn maloneyJanetl yellenKirsten gillibrandCommunity development financial institutionRegional partner program fund newSmall business credit initiativeEmpire state developmentMillion communitySeed matching fund program newCapital access programMillion capital loan fund new program

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