Register for 8.14 Advancing Black Entrepreneurs webinar, and other small business resources

While businesses in Buffalo and across Western New York are re-opening, it is still far from business as usual. The Beverly Gray Center will be updating this page regularly to highlight resources available to your business.

Upcoming Workshops

  • Register for Advancing Black Entrepreneurs ‘Reclaiming the Future: How Your Business Can Rise to the Challenges of COVID-19 on Friday, 8/14 at 12pm.
    • Connect with small business experts and other small business owners to cover topics including:
      • The increasing importance of bookkeeping
      • Pivoting your business model in this new economic environment
      • Helping your customers feel confident and safe
      • Developing contingency plans for the future

Small Business Recovery & Resiliency Resources

  • 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“)
    • The SBA is no longer providing the forgivable Advance Grant of $1k per employee, but you can still apply for an EIDL loan here
      • There’s a chance EIDL funds run out soon, so it’s best to apply as soon as possible if you haven’t already

Grant Offerings

  • 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.