The $3 million program will provide grants of $5,000 to $50,000 to eligible small businesses in a designated area of East Buffalo to help largely minority-owned establishments rebound from the social and economic impacts of the mass shooting at Tops Friendly Market on Jefferson Avenue earlier this year.
Donor Name: LISC NY
State: Michigan
City: Buffalo
Type of Grant: Grant
Deadline: All Time
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
Funding Information
Grants will be calculated based upon the business’s gross receipts:
- Annual gross receipts: $5,000 -$49,999: Award is $5,000 / business
- Annual gross receipts: $50,000 -$99,999: Award is $10,000 / business
- Annual gross receipts: $100,000 -$1,000,000: Award is 10% of gross receipts (maximum grant is $50,000)
Geographic Eligibility
Qualifying businesses must be located in the area designated below. Area bounded by:
- Main Street (properties fronting on both sides) south to North Street;
- North Street (properties fronting on south side) east to Michigan Avenue;
- Michigan Ave (properties fronting on east side) south to I-190;
- I-190 east to the Norfolk-Southern RR overpass and the Buffalo River;
- Buffalo River east to the City of Buffalo border; and
- City of Buffalo border north to Main Street, (excluding the University at Buffalo South campus).
Ineligible businesses, specified by ESD include the following:
- Home-based businesses which are primarily oriented to serve customers and clients outside of the region.
- Examples: retail shops and online marketplaces that sell to a statewide or national customer base are not eligible
- Business that received funding through ESD’s $800M Pandemic Small Business Recovery Grant Program are not eligible. Applicants must attest that they have not received funding from this program.
- Business that received funding through ESD’s $200M flexible grant program for early-stage businesses are not eligible. Applicants must attest that they have not received funding from this program and do not intend to apply for funding through this program
- Religious organizations, lobbying organizations, and elected officials who are the owner of a small business are ineligible to receive grants under this program.
For more information, visit LISC NY.
