Local groups win multi-year grants from SBS
by Benjamin Fang
Nov 11, 2020 | 250 views | 0 0 comments | 22 22 recommendations | email to a friend | print
The Department of Small Business Services (SBS) is awarding $4 million in multi-year grants to neighborhood business groups to develop community revitalization projects.

The funding, which will be distributed through Avenue NYC and Neighborhood 360 grants, will be used to develop and staff the projects based on community-identified needs.

“COVID-19 has had devastating effects on our Black, Asian and Latinx communities, and it is important we deliver the resources they need to recover,” SBS Commissioner Jonnel Doris said in a statement. “These initiatives will help revitalize our commercial corridors and bring them back stronger than ever.”

The Woodhaven Business Improvement District (BID) and Bridge Street Development Corporation in Bedford-Stuyvesant are among three organizations that will benefit from $840,000 in Avenue NYC grants through 2023.

In a statement, Raquel Olivares, executive director of the Woodhaven BID, said the group is thrilled to have been selected as a grantee.

“This program will give our community a vital extra capacity to navigate the challenging environment our small businesses are experiencing and to generate positive solutions,” she said. “We are looking forward to partnering and working with NYC Small Business Services to make a significant lasting difference in Woodhaven.”

Groups that will receive the Neighborhood 360 grant, collectively worth $3.3 million over three years, include the Alliance for Coney Island, Brownsville Community Justice Center/Center for Court Innovation, Council of the People Organization, Flatbush Development Corporation, Pitkin Avenue BID and the Queens Economic Development Corporation (QEDC).

“COVID-19 has done severe damage to our small businesses and local economies need all the help they can get,” Congresswoman Nydia Velazquez said. “These funds will enable local organizations in Woodhaven and Brooklyn to help small businesses thrive as they climb back on their feet, weather this downturn and provide badly needed jobs.”
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