NYC Neighborhood Business Grant
NYC Neighborhood Business Grant
CitizensNYC
ABOUT THE GRANT
The Neighborhood Business Grant provides New York City small businesses with microgrants of up to $5,000 to fund initiatives that positively impact their community. Administered by CitizensNYC, one of New York's oldest microgranting organizations (founded approximately 50 years ago and made possible by philanthropic partners including leadership support from M&T Bank), the program funds community-minded businesses of all kinds, from barbershops and bookstores to wellness studios, cafés, and childcare providers, that play a positive role in their neighborhood.
To qualify, applicants must operate a business located in one of New York City's five boroughs, have been operating for at least two years, employ 10 or fewer people, be profit-generating, and be able to provide proof of business such as bank statements, tax documents, and POS terminal statements. The program runs two grant cycles each year, one in the fall and one in the spring. Applicants who are awarded grants through the first cycle are ineligible to apply again during the second cycle of that year, but unsuccessful first-cycle applicants are welcome to submit an updated application for the second cycle. Applications are scored across four key criteria: Need, Relevance, Urgency, and Quality of Life Impact. CitizensNYC also offers info sessions and online office hours to help applicants refine their project ideas and applications before submission.
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NOTES
We haven't added commentary on this grant yet. In the meantime, the fundor's website (linkeded above) is the best source for application details and eligibility specifics.
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