Program Overview - Eligibility

Small Businesses

Resident in New York State, incorporated in New York State and licensed or registered to do business in New York State,

Is independently owned and operated, not dominant in its field​

100 or less employees​

Micro Businesses

Resident in New York State, incorporated in New York State and licensed or registered to do business in New York State,

is independently owned and operated, not dominant in its field​

10 or less employees​

For-profit independent arts and cultural organizations

Small or medium sized private for-profit, independently operated live-performance venue, promoter, production company, or performance-related business located in New York State negatively impacted by COVID-19 health and safety protocols,​

may include businesses engaged in a field including, but not limited to, architecture, dance, design, film, music, theater, opera, media, literature, museum activities, visual arts, folk arts and casting​

100 or less full-time employees, excluding seasonal employees.

Eligible Business Qualifications

Be currently viable (based on whether the applicant has positive net profit in 2019, as evidenced by reported net profit on the applicant’s 2019 federal tax return) and have begun operation on or before March 1, 2019 and continue to be in operation as of the date of application (may be shuttered due to COVID -19 restrictions). ​​

Eligible Applicants will be required to show loss of gross receipts as a result of the COVID -19 pandemic or compliance with COVID -19 health and safety protocols which resulted in business modifications, interruptions, or closures.​​

Grant awards will be calculated based on a Business’ Annual Gross Receipts for 2019

Have 2019 or 2020 Gross Receipts of between $25,000 and $500,000 per annum

  • line 1a, IRS Form 1120 or 1065;​
  • line 1, IRS Form 1040 Schedule C.

Demonstrate positive net profit on 2019 Business Return ($1 or greater)

  • line 28, IRS Form 1120; line 22, IRS Form 1065; or​
  • line 31, IRS Form 1040 Schedule C.

Demonstrate at least 25% loss in Annual Gross Receipts in a year-to-year gross receipt comparison as of December 31, 2020 to the same period in 2019. ​

Annual Gross Receipts (2019) Grants Amounts
$25,000-$49,999 $5,000 per Business
$50,000-$99,999 $10,000 per Business​
$100,000-$500,000 10% of gross receipts(up to $50,000)​