Cayuga County COVID-19 Pandemic Small Business Assistance Grant – New York - fundsforNGOs

The Cayuga County Small Business Assistance Grant was created to financially assist small businesses within the County that suffered negative economic impacts from the COVID-19 pandemic.

Donor Name: Cayuga Economic Development Agency

State: New York

County: Cayuga County (NY)

Type of Grant: Grant

Deadline: 12/15/2022

Size of the Grant:$10,000

Details

The County was awarded funds through the Coronavirus State and Local Fiscal Recovery Funds (“CSLFRF”) and the American Rescue Plan Act. On April 26, 2022 the Cayuga County Legislature approved a resolution to allocate $500,000 for a term-limited small business grant program.

The goal of the County Grant Program is to assist the maximum number of small businesses in Cayuga County within the resources provided by the County Legislature. It is the intent of the Cayuga County Legislature to distribute the funds to small businesses in an objective, equitable and accountable manner on behalf of the citizens of Cayuga County.

Grant Amounts:

The maximum grant amount per small business is $10,000. The total amount of funds available in the program is $500,000.

Eligibility Criteria

Business was established and operating on or before December 31, 2019
Business experienced a loss of equal to or greater than 10% when comparing FY20 and FY21 tax returns to FY19 tax returns
Business is located in Cayuga County and licensed to do business in NYS and Cayuga County
Business is a for-profit organization (not a nonprofit organization)
Business has 25 or fewer employees as of January 1, 2020
Business has annual gross receipts of less than or equal to $1,000,000.
Business is not delinquent on any taxes
Business is not delinquent on any local loans
Business is not currently filed or has filed for bankruptcy
Business is not a franchise
Business is not a chain
Business is not a passive real-estate business entity (passive income)
Business did not receive more than $2,500 from the City of Auburn’s Pandemic Small Business Grant Program
Business will enter into a Grant Agreement with Cayuga County that will include, but is not limited to, evidence of expenditures and outcomes through a one-time, end of program report.