NYC Employee Retention Grant Program Application

This grant offers small businesses and nonprofits with 1-4 employees a grant to cover 40% of payroll costs (up to $27,000) for two months to help retain employees.

Link to apply: https://on.nyc.gov/2UpbWis
Before applying, please contact Ana Rodriguez at arodriguez@nywcc.org.

Applicants must:

  • Be located within the five boroughs of New York City
  • Demonstrate that the COVID-19 outbreak caused at least a 25% decrease in revenue
  • Employ 1-4 employees in total across all locations
  • Have been in operation for at least 6 months
  • Have no outstanding tax liens or legal judgments

In order to demonstrate revenue loss, the applicant must be able to show at least a 25% decrease in either calculations:

  • Total revenue of two consecutive months in 2020 vs. total revenue of the same two months in 2019
  • Average monthly revenue of any two consecutive months in 2020 vs. average monthly revenue of all of 2019

In the meantime, we recommend that you pull financial documents as proof of revenue, such as:

  • 2019 tax returns
  • Bank Statements (2019 & 2020)
  • Quarterly sales tax filings
  • Point-of-sales reports
  • Certified profit & loss statement