Extra assistance is on the best way for Rochester-area companies.
On Friday, State Assemblyman Harry Bronson introduced the $800 million Pandemic Small Enterprise Restoration Grant Program.
This system will assist small enterprise homeowners cowl payroll, lease or mortgage funds.
With a purpose to be eligible for the grant, your small enterprise should have began operations on, or earlier than, March 1, 2019 and proceed to be in operation as of the date of the applying.
Companies will likely be required to indicate financial hardship on account of the pandemic and compliance with well being and security protocols.
“They’ll register in order that they get instant notification when the applying is offered, however they’ll additionally verify to see what documentation they will want to tug collectively and different information they will want to tug collectively in order that the second the applying turns into accessible, they’ll apply for the grants,” Bronson stated.
The grant program is part of $1 billion secured within the state finances for small companies.