Overview
The New York State 2021–22 Executive Budget passed in March includes $1 billion in financial relief for small businesses. The funding initiatives include:
$800 million for the Pandemic Small Business Recovery Grant Program,
$25 million for the Restaurant Resiliency Program,
$40 million to Arts & Cultural Organizations,
$100 million NYC Musical and Theatrical Production Tax Credit, and
$35 million Restaurant Return to Work Credit.
The $1 billion Business Pandemic Recovery Initiative is administered by the Empire State Development Corporation (ESD).
Access to these programs is crucial for the 27th District so my office and I have compiled information on each program and will keep you updated as more details and applications are finalized.
Grand Rapids Business Journal
Courtesy ASM Global
The U.S. Small Business Administration fixed a technical glitch and applications will soon reopen for its Shuttered Venue Operators Grant program.
The relief program is offering $16.2 billion on a first-come, first-served basis for operators of live venues, live performing arts organizations, museums and movie theatres, as well as live venue promoters, theatrical producers and talent representatives.
Those eligible entities are some of the first that had to shut their doors a year ago in response to the COVID-19 pandemic. While some were eligible for Paycheck Protection Program loans, the SVOG program is one of the first relief sources that is tailored specifically to venues and entertainment operators.
SBA to Reopen Shuttered Venue Operators Grants for Applications on April 24 at 12:30 p.m. EDT
04/23/2021 | 01:39pm EDT
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Shuttered Venue Operators Grant application portal tomorrow, April 24, 2021, at 12:30 p.m. EDT for operators of live venues, live performing arts organizations, museums and movie theatres, as well as live venue promoters, theatrical producers and talent representatives to apply for critical economic relief.
“We recognize the urgency and need to get this program up and running,” said Barb Carson, deputy associate administrator of SBA’s Office of Disaster Assistance. “With venue operators in danger of closing, every day that passes by is a day that these businesses cannot afford. We remain dedicated to delivering emergency aid as quickly as possible and will begin reviewing the applications on Saturday as they are submitted.”
Shuttered Venue Operators Can Now Apply For Grants oakdaleleader.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oakdaleleader.com Daily Mail and Mail on Sunday newspapers.