This column brings you the latest from Albany, City Hall and relevant organizations that affect small businesses in New York City during the pandemic and beyond. We will update you frequently, and will also bring you news from the street describing the impact of government and organizational policies.
NYC helps connect restaurants to federal grants
NEW YORK CITY (April 26,2021) – Mayor Bill de Blasio announced today the launch of Fair Share NYC: Restaurants, a program to connect restaurants to federal relief funds.
The federal Restaurant Revitalization Fund (RRF) provides non-taxable grants to restaurants hit hardest by the COVID-19 crisis. Individual restaurants may qualify for up to $5 million and restaurant groups may be eligible for up to $10 million in grant funding. MOME and the Office of Nightlife will support the program by conducting targeted outreach to restaurants in the coming weeks through email lists, social media, and third-party industry groups.
“We can’t afford to let local restaurants fall through the cracks,” de Blasio said.
Fair Share NYC: Restaurants will help eligible applicants secure these critical funds through:
• Weekly webinars to review the RRF grant program and prepare their application
• Virtual one-on-one sessions with trained counselors
• Information about additional programs and services that can help your business
“Fair Share NYC: Restaurants is…a smart initiative as so many people either aren’t aware or don’t understand what funding is available and how to access it,” said Jeremy S. Wladis, President, The Restaurant Group.
Fair Share NYC: Restaurants builds on the City’s larger initiative to help businesses affected by the pandemic to connect to federal funding, including Fair Share NYC: PPP which launched in January to connect businesses to PPP funds, and Curtains UP NYC which launched in February to provide free application assistance for NYC live performance businesses and nonprofits applying for the federal Shuttered Venue Operators Grant program.
Photo by SHIL on Unsplash
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