COVID-19 Grants and Funding Resources

We are committed to continuing the safe reopening of our economy and progressing towards long-term recovery while also reducing the risk of COVID-19. We maintain our commitment to the Dutchess County business community as a credible resource as we navigate these uncertain times. As we continue to collaborate with our partners and local, regional and national government towards economic recovery and resiliency, supporting our local business community and workforce is our main priority.

We want to ensure you are prepared for business disruption, including accessing government resources to mitigate potential impacts to your business and employees. We’ve compiled this list below of the most resources available:

 

COVID-19 Relief Programs and Resources

 

Small Business Recovery Grant Program

Small businesses, micro-businesses and for-profit independent arts and cultural organizations with fewer than 100 employees that are currently viable and have begun operation on or before March 1, 2019, and continue to be in operation as of the date of application (maybe shuttered due to Covid-19 restrictions).

Central Hudson Back to Business Program

Central Hudson Gas & Electric Corp. has launched its Back to Business funding program, committing up to $1 million in economic development support to provide local small businesses with grants to help pay down new working capital loans taken with participating local banks.

Verizon Small Business Relief Grant

LISC is providing grants to small businesses facing immediate financial pressure because of Covid-19. Learn more about Verizon’s Small Business Relief Grants

The New York Forward Loan Fund (NYFLF)

NYFLF eased requirements for Economic Injury Disaster Loan (EIDL) borrowers. Effective immediately, small businesses and non-profits that received a PPP loan of $500,000 or less or EIDL loans of $150,000 or less can be eligible for an NYFLF loan. Visit the New York Forward Loan Fund for more information and eligibility requirements.

New York State Council on the Arts (NYSCA)

Guidelines and applications for organizations and artists within New York’s nonprofit creative sector available at NYSCA FY2022 Funding Opportunities.

Restaurant Return-to-Work Tax Credit Program

The $35 million Restaurant Return-to-Work Tax Credit Program provides an incentive to COVID-impacted restaurants to bring restaurant staff back-to-work, and to increase hiring at NYS restaurants. Qualifying businesses are eligible for a tax credit of $5,000 per new worker hired, up-to $50,000 per business. The Program is open to eligible restaurants located in New York City, or in an area outside of New York City that was designated an Orange or Red Zone for at least thirty consecutive days.

EDA American Rescue Plan Programs

See all of the EDA American Rescue Plan Programs HERE 

Good Jobs Challenge

$500 million for Industry-led training programs, designed to provide skills for and connect unemployed or underemployed workers to existing and emerging job opportunities. Three project types: System Development, Program Design and Program Implementation. Deadline: January 26, 2022

Economic Adjustment Assistance

$500 million available through EDA’s most flexible program. Wide range of technical, planning, workforce development, entrepreneurship, and public works and infrastructure projects are eligible for funding under this program. Deadline: March 15, 2022 (suggested; applications reviewed on a rolling basis). Eligibility: State & local governments, higher education institutions, not-for-profit organizations

Helpful links:

Economic Injury Disaster Loans (EIDL):

To inquire about the process and understand what to expect next, contact the Office of Disaster Assistance 24/7 Customer Service line at 800-659-2955.

CARES Act

Department of Labor – Pandemic Unemployment Insurance Assistance Information

SBA PPP Program

PPP Frequently Asked Questions

NY State of Health

NYS DOL Shared Work Program

Report COVID-19 SCAMS 

Report any suspected fraud to the Office of Inspector General (OIG) Hotline at 800-767-0385 or online at: OIG Online Complaint Submission

 

Please contact Renee Richard for additional information and resources.


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