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![]() The LMDC has created the Small Firms Assistance Program to help small firms deal with revenue losses during the revitalization of Lower Manhattan.
![]() Projects & Programs > Small Firms
Lower Manhattan Small Firm Assistance Program
Program Description The Small Firm Assistance Program (the “Program”) has been established by the Lower Manhattan Development Corporation (LMDC), in cooperation with the New York City Department of Small Business Services (SBS) and the New York City Economic Development Corporation (EDC), to promote economic development by assisting small firms that have suffered business disruption as a result of publicly-funded construction projects during the Program eligibility period. The Program seeks to assist eligible businesses affected by the temporary closure of streets or sidewalks and to address the potential for blight during the Program eligibility period. Grant awards will mitigate documented adverse effects and contribute to a firm’s working capital. Program Guidelines Program eligibility begins with street closures starting from July 1, 2007 and will continue until the earlier of the date when all funds are disbursed or December 31, 2010. Please click on the link below to see a more detailed description of the Program, including information on eligibility. Application Eligible firms must submit a complete application to receive Program assistance. Please click on the link below to access the Program application and required documents. List of Street Closures To be eligible for a grant under this program, a firm must be located on an Eligible Block. An Eligible Block is a block on which the street or sidewalk has been closed or partially closed for at least fifteen days within any thirty consecutive day period due to a publicly-funded construction project as determined by LMDC. Publicly-funded construction projects include all projects supported by Federal, State and/or City funds. Please click on the link below to access a current list of Eligible Blocks. ![]() Learn More |