New York Business Development Corporation

$5.5M to help small businesses ‘get back up and running’
Business Maggie Hayes 12/02/2012 at 9:07AM

Mayor Michael Bloomberg has allocated $5.5 million for small businesses affected by Sandy. “Getting small businesses back on their feet is key to helping our economy recover from Sandy,” said Bloomberg. “The capital provided through this program will help businesses purchase supplies, make repairs and get back up and running.” The Mayor’s Fund to Advance [...]

Sandy-damaged small businesses eligible for expedited, low interest loans
Business Cristabelle Tumola 11/14/2012 at 5:48PM

As businesses still struggle to rebuild following Sandy, the New York Bankers Association (NYBA) and the New York Business Development Corporation (NYBDC) have created a $10 million small business emergency fund providing immediate financial assistance for those affected by the superstorm, Governor Andrew Cuomo announced Wednesday. “The banking industry understands that the quick recovery of [...]