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Funding Opportunities

Leverage our assistance and expertise to access a wide range of funding opportunities, and partnerships. Maximize your impact and drive positive change in your community.

Working Capital Programs​

  • New York Forward Loan Fund (NYFLF)

    • NYFLF targets the state’s small businesses with 20 or fewer full-time equivalent (FTE) employees, nonprofits and small residential landlords that have seen a loss of rental income.

    • NYFLF is providing working capital loans so that small businesses, nonprofits and small landlords have access to credit as they reopen.

    • These loans are available to small businesses, and nonprofits that did not receive a U.S. Small Business Administration Paycheck Protection Program of greater than $50,000 or an Economic Injury Disaster Loan (EIDL) for COVID-19 of any amount, except for EIDL advance grant of up to $10,000, and small residential landlords.

    • The loans are not forgivable in part or whole. The loans will need to be paid back over a 5-year term with interest.

    • Learn more and complete a pre-application online HERE.

  • Central Hudson’s Back to Business funding program

    • Central Hudson has committed up to $1 million in economic development support to provide local small businesses with grants to help pay down new working capital loans taken with participating local banks.

  • U.S. Small Business Administration (SBA) Coronavirus Relief Options

    • Paycheck Protection Program (PPP)
      • The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.

      • SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses.

      • PPP will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. See the SBA announcement here.

      • An overview for organizations that have not yet received a PPP loan and are looking to apply can be found here.

      • An overview for second draw PPP can be found HERE.

    • Economic Injury Disaster Loan (EIDL)

      • This loan provides economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue.

      • Funds can be used for working capital and normal operating expenses.

      • SBA is currently accepting new Economic Injury Disaster Loan (EIDL) applications from all qualified small businesses, including agricultural businesses, and private nonprofit organizations.

      • More details on eligibility and terms can be found HERE.

    • SBA Express Bridge Loans

      • Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.

      • Allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.

      • These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan.


Capital Grant and Other Economic Incentive Programs


  • New York Power Authority’s (NYPA) ReCharge NY Program

    • Qualifying businesses and nonprofits can potentially lower their energy costs by using specially allocated NYPA power which is set aside by the state government and the NYPA board for economic support.

    • Companies receiving allocated power have made commitments such as remaining in the state, keeping or growing employment, expanding operations, and/or making significant local investments in their businesses.

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