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Influencers

Get $50k or more in Grants & Support

As PPP programs and some other Covid-era programs expire and new products and programs emerge, it can be difficult to keep track of the resources available to small businesses. The following is a list of loans and other programs for businesses in the New York City area. This list is not complete; if you know others please let us know at volunteer@dreamsanimation.com

 

Federal and state programs

  • Economic Injury Disaster Loans (EIDL) remain open to new applicants where you can get at least $50k
  • Businesses that received an EIDL before April 7, 2021 can contact the SBA to request a second loan increase same or higher amount.
  • The SBA is selectively reaching out to businesses eligible for the increases. For your protection, please note that all communications must come from an SBA.gov address and include your individual loan identification number.
  • Non-Covid Disaster Loans: The EIDL Program Isn’t Just For Covid; It was originally created to help small businesses in the event of a disaster. As such, businesses affected by Hurricane Ida may be eligible for a EIDL loan is not Covid.
  • The Program of Grants for Recovery Small Business Pandemic COVID-19 of the State of New York provides grants to small businesses, small businesses and organizations artistic and cultural independent for-profit in New York who are running from March 1 of 2019.
  • The New York Advance Loan Fund offers low-interest loans for NY companies with 50 or fewer employees
  • For restaurants, the state offers Restaurant Resilience Program grants to restaurants that choose to provide meals and meals to individuals within distressed or underrepresented communities. There is also a restaurant return to work tax credit to help re-employ staff
  • The Empire State Development website offers a matching tool to help businesses and other organizations identify programs for which they may be eligible.
  • The NYC Business website provides a centralized source of licensing information, resources, and services, as well as a customizable dashboard to assist new and existing New York City businesses.

 

Don’t miss out on funding

Businesses that successfully weathered the pandemic and shutdown may have growth, new products, or other opportunities. Traditional non-emergency funding sources may be a good option, including:

  • SBA Loans – Many lenders are revitalizing traditional loan programs, including microloans, 7A loans (typical business loans), and 504 loans (for property and equipment).
    • For businesses looking for $50K or less, an SBA microloan may be an option. Many Community Development Finance Institutions (CDFIs) are offering microloans at attractive rates, including Accompany CapitalRenaissance, and others.
    • Many lenders offer specialty products for veterans or MWBE-certified companies doing business with the government.
    • The SBA’s Lender Match Tool can help you find a lender
  • Perfect For Every Business Get $7k Grant and grow your business with a new website and get new customers:
    • Instead of paying $8,500 for a world-class websiteDreamsAnimation is awarding a GRANT of $7,000 to get your new website for your company up to 10 pages, fully responsive, connections to your social media, and much more. You will only pay $1,200 (one-time fee) or 4 installments of $400. Join hundreds of business owners who are reshaping the destiny of their businesses. To support your business, you will receive LIFETIME Hosting. Click here to apply.
  • Other loan programs include:
    • Comcast Rise commits $11M in Grants to small business owners of color in an ongoing effort to advance economic mobility. You might apply also for marketing support.
    • The Hebrew Society’s Free Loan Society Small Business Loan Program offers interest-free loans of up to $50,000 to low- and moderate-income residents of the five boroughs of New York City, Westchester, or Long Island to help launch or expand a business.
    • Brooklyn Alliance Capital offers grants for the purchase of PPE and Bring Back Brooklyn loans without interest of up to $10,000.
    • The Bronx General Economic Development Corporation (BOEDC) offers 2-year interest-free business continuity loans of $25-100K.
    • Jane Walker by Johnny Walker is partnering with IFundWomen to create a grant program that supports women-owned businesses across several industries, including entertainment, journalism, STEM, and many more. This year, 15 recipients will receive a $10,000 grant and a one-year IFundWomen coaching membership. To apply, your woman-owned small business should submit a 60-second video explaining how you continue to break boundaries in your industry. Applications are rolling until the end of October 2021.
    • The Live Your Dream awards seek to help women have it all, with over $2.4 million distributed to over 1,500 women annually. Eligibility guidelines for women are listed on the organization’s website, and the deadline to apply is November 15.
    • Through Walmart Local Community Grants, nonprofit organizations can receive funding from Walmart and Sam’s Club facilities. Grants range from $250 to $5,000. The deadline to apply is December 31, 2021.
    • With a simple goal of supporting women entrepreneurs, the Amber Grant Foundation was founded by WomensNet in 1998. The foundation awards a $10,000 grant each month and an additional $25,000 grant each December to women entrepreneurs with a compelling story.
    • When entering for the Galaxy Grant, small business owners don’t have to do anything but fill in pertinent demographic information. This $2,750 grant applies only to minority and women entrepreneurs, so if you meet the eligibility requirements, take advantage of this easy-apply grant before it closes on November 30.
    • The Back Black Businesses grant is back for the 2021 application period. To be eligible, you have to express interest in receiving a grant. From there, randomly selected, eligible finalists, will be asked to complete a full grant application.
  • Crowdfunding can be an option for many companies:
    • Rewards crowdfunding sites like KickstarterIndiegogo, or iFundWomen can help provide funds to launch or grow products or services.
    • Debt crowdfunding, like Kiva or Mainvest, can provide crowdsourcing debt for many companies.

 

Conclusion: There are plenty of grants and resources you can apply and we suggest you apply to all of them especially the ones related to marketing, digital presence, and training because that will provide you lasting results. Thank you, and signup for our newsletter to be informed about our next Rebuilding American Business series event, you will learn how to scale your business from leaders and experts in many industries.

 

The DREAMS ANIMATION team

 

 

Tags: Influencers

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