The EFPR Group of Companies

For over 60 years, our knowledgeable and experienced team of CPAs and business consultants have been serving individuals and businesses in Western New York and around the nation.

New York State COVID-19 Pandemic Small Business Recovery Grant Program

Empire State Development (“ESD”) has launched the New York State COVID-19 Pandemic Small Business Recovery Grant Program, which was created to provide flexible grant assistance to currently viable small businesses, micro-businesses and for-profit independent arts and cultural organizations in New York that have experienced economic hardship due to the COVID-19 pandemic. The program, administered by ESD and powered by Lendistry, is now open and applications are being accepted.
Grant awards will be calculated based on a business’ annual gross receipts for 2019:

  • Annual gross receipts = $25,000-$49,999: Grant Amount = $5,000/business
  • Annual gross receipts = $50,000-$99,999: Grant Amount = $10,000/business
  • Annual gross receipts = $100,000-$500,000: Grant Amount = 10% of gross receipts (max grant is $50,000)

For eligibility requirements and more information regarding the New York State COVID-19 Pandemic Small Business Recovery Program, please visit www.nysmallbusinessrecovery.com. For a link to the program guide, please click here.

If you have any questions about this program, your eligibility, and/or wish to discuss future tax planning strategies for your business, please feel free to contact us.

@2021

For more information call

800.546.7556