Governor Kathy Hochul today announced that the applications portal for the first-in-the-nation Seed Funding Grant Program, created as part of the FY2023 budget, will open on September 14. The program provides flexible grants to support early stage, micro and small businesses in a still recovering New York State economy. The program will ensure that small businesses that opened shortly before or during the COVID-19 pandemic will have the funds to continue to operate and grow.
“This first-in-the-nation Seed Funding Grant Program rounds out $1 billion in flexible funding to support both early-stage, and established small and micro-businesses,” Governor Hochul said. “New York businesses were among the hardest hit nationwide at the height of the pandemic, but with this funding, we’re extending a lifeline to help them continue to grow and operate. Applications open tomorrow, and I encourage all New York business owners to take…