Downstate Small Business Stabilization Program
The Downstate Small Business Stabilization component has been established to provide working capital funds to community’s businesses economically impacted by the COVID-19 virus.
The program component makes funds available for 60 days of verifiable working capital up to a grant ceiling of $25,000 and is available for businesses that employ 50 people or less. Number of employees includes the business owner(s). These funds may be used to assist private for-profit small retail and service businesses, or businesses considered non-essential by the Governor’s Executive Order without the ability for employees to work remotely.
During this unprecedented time, the Chamber is focused on how we as a business community can pull together. Please visit our Chamber News page for COVID-19 related information and updates from trusted and reliable sources.