Business Pandemic Recovery Initiative

Grants, Tax Credits, and Technical Assistance Programs for Businesses Affected by the COVID-19 Pandemic

Helping NYS Businesses Build Back

Across New York State, businesses have been devastated by the effects of the COVID-19 pandemic. Now, we are offering hope for these businesses, with the Business Pandemic Recovery Initiative, the largest and most comprehensive business recovery initiative in the State’s history. Empire State Development is also making it easier for businesses to access a number of federally funded COVID-recovery programs. Together, we can continue to be New York Tough and reimagine, rebuild, and renew New York…even better than before.

New York State Business Recovery Programs

Pandemic Small Business Recovery Grant Program

$800 million in funding for small businesses - including for-profit arts and cultural institutions that were impacted by the COVID-19 pandemic.
Learn More

Restaurant Resiliency Program

$25 million in grant funding to support restaurants that provide meals to distressed and under-represented communities.
Learn more

Restaurant Return-To-Work Tax Credit

For small, independently owned restaurants within New York City or any area in New York State designated by the NYS Department of Health as either an Orange or a Red zone for at least 30 consecutive days.
Learn More

New York City Musical and Theatrical Production Tax Credit

$100 million in tax credits to jump start the entertainment industry and support tourism activity in New York City.
Learn More

New York State Biodefense Commercialization Fund

$40 million dedicated for a life science-specific initiative to capitalize on New York’s research and development assets and expertise in life sciences, biotechnology, and biodefense.
Learn More

New York Forward Loan Fund (NYFLF)

The New York Forward Loan Fund (NYFLF) is an economic recovery loan program aimed at supporting New York State small businesses, nonprofits and small residential landlords.
Learn More

Federal Assistance Programs

SBA Restaurant Revitalization Funding Program

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. Businesses can apply through SBA-recognized Point of Sale Restaurant Partners or through an SBA online application portal.
Learn More

SBA Shuttered Venue Operators Grant

The SBA Shuttered Venue Operators (SVO) Grant includes over $16 billion in grants to eligible shuttered live venues, movie theaters, performing arts organizations, museums and certain other entertainment entities.
Learn More

SBA Economic Injury Disaster Loan (EIDL) Program

Provides small businesses and nonprofits with low-interest loans of up to $2 million to help overcome other financial losses due to COVID-19.
Learn More

Organizations Available to Assist Businesses

New York's statewide community network of Entrepreneurship Assistance Centers and Small Business Development Centers are available to provide technical assistance to help guide your business through the loan and grant application process.

Entrepreneurship Assistance Centers (EAC) Contact List

Entrepreneurship Assistance Centers (EAC) provide instruction, training, technical assistance and support services to new and aspiring entrepreneurs in local communities statewide.
Click here

NY Small Business Development Centers (SBDC)

The New York Small Business Development Centers (NYSBDC) provides small business owners and entrepreneurs in New York with the highest quality, confidential business counseling, training, and business research at no cost.
Click here

COVID-19 Business Mentor NY Volunteer Task Force

New York State and business leaders have partnered to enlist industry volunteers to help businesses with guidance on SBA loan applications.

New York Forward Small Business Lease Assistance Partnership

Support services for small businesses to renegotiate their lease and avoid eviction.