5.27.20 Reopen Buffalo Resource Hub, New York Forward Loan Fund Pre-Application is Live, Register for Upcoming Social Media Marketing Virtual Workshop, and more

With WNY officially entering re-opening, The Beverly Gray Center will be updating this page regularly to highlight resources available to your business. Be sure to check back often for updates.

Small Business Recovery & Resiliency Resources

  • How to Pivot Your Social Media Strategy Amidst COVID-19′ Virtual Workshop on Monday, 6/15 @ 1pm
    • Join Stephanie Cartin, Co-CEO of Socialfly and co-host of The Enreprenista Podcast, on Monday June 15th from 1pm to 2pm
    • During the virtual workshop, you will connect with Stephanie, Beverly Gray Center staff, and other small business owners to:
      • Explore branding strategies that can help your business in these challening times
      • Learn tips and strategies for creating an authentic brand that leverages your unique strengths
  • Download the NYS Dept of Health COVID-19 Reopening Safety Plan template
    • Download the template here
    • *This plan does not need to be submitted to a state agency, but must be retained on premises and made available in the event of inspection.

Local, State, and Federal Emergency Relief Loans

  • New York Forward Loan Fund (NYFLF)
    • New York Forward Loan Fund (NYFLF) is a new economic recovery loan program aimed at supporting small businesses (specifically business with under 20 employees), non-profits, and small landlords as they re-open
    • Small businesses can apply for up to $100,000 in credit, with a fixed 3% interest rate and a repayment term of 5 years
    • Applications will be reviewed and funds awarded on a rolling-basis based on timing of re-opening, not first come, first served
  • WEDI Neighborly Fund
    • WEDI, in partnership with Neighborworks Community Partners and Beverly Gray Business Exchange Center, launched The Neighborly Fund
    • The Neighborly Fund is an emergency relief fund providing a mix of 0% interest loans and grant awards to small businesses and homeowners
    • Loans/grants of up to $7,500 are available to small businesses
    • Confirm your business is eligible and apply here
      • To speed up your application process, plan to have P&L statements for at the last 12 months, or at least for YTD 2020
  • Paycheck Protection Program Loan (“PPP)
    • PPP funds are available on a first come, first served basis, so act now if you plan to apply
      • If you’ve already submitted an application, check with your bank/lending representative NOW!
      • If you haven’t applied or feel you may be too far down the line at your bank, submit your application through the Fundera PPP platform here
      • Review a list of lenders currently accepting PPP applications here
    • PPP is designed specifically to help you retain your employees, and offers a fully forgivable loan of 2.5x your average monthly payroll costs
    • Learn more about the PPP loan program by downloading the attachment at the top of the page, or download the application here
  • Economic Injury Disaster Loan (“EIDL“)
    • Learn more about the EIDL loan, including a forgivable Advance Grant of up to $10,000 ($1k per employee, up to $10k), by downloading the attachment at the top of the pag
    • SBA is not currently accepting EIDL loans at this time, but may re-open the application process in the near future. You can check the the status of the SBA Economic Injury Disaster Loan (EIDL) here

Grant Offerings

  • The Verizon/LISC Small Business Recovery Fund
    • Verizon and LISC are providing grants of up to $10,000 to businesses facing “immediate financial pressure because of COVID-19”.
    • Registration is open now , closing Wednesday, May 20th at midnight.
  • GoFundMe.org Small Business Relief Fund
    • The GoFundMe.org Small Business Relief Fund is providing matching $500 micro-grants (minimum to raise is $500) to small businesses negatively impacted by the COVID-19 pandemic
    • Claim or start your campaign here to be eligible for the matching grant
  • Startup Fund Hub Grant Database
    • Startup Fund Hub is providing free access to its COVID-19 Grant Database here
    • Search for grants that focus on your business, geography, or industry, and other national grant options
  • U.S. Chamber of Commerce/Vistaprint Save Small Business Fund
    • U.S. CoC is providing $5,000 grants to qualifying small businesses
    • The application will take ~10 minutes, and all you need is your business’s W-9 form
    • To qualify, you must employee between 3 and 20 people, and operate in an “economically vulnerable community”
    • Click here to learn more

Resources Round Up

During these unprecedented times, The Beverly Gray Center is here to support you and your business. We’re operating entirely virtually until further notice, and are available to answer questions about relief programs and other no-fee small business services from Monday-Friday, 9am-5pm by phone or email.

Call us at 716-342-3620

Email us by clicking here.