Bronx Business News You Can Use

Legislative Updates, New Grants, Events and Much More
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In this week’s Friday extra:
  • Mayor Bill DeBlasio visits the Bronx as part of the City Hall in Your Borough. A follow up on NYC Planning, to address quality of life matters & illegal street vending in commercial districts.
  • The City recently reopened the LMI Storefront Loan. This is a 0% interest loan that can be used for a variety of expenses that may have been incurred due to COVID-19, or reopening costs. Deadline to apply is August 17, 2021 at 11:59pm
  • Congratulations to our Bronx Chamber member Ponce Bank on their Grand Re-Opening of their Kingsbridge branch!
  • The ever changing CDC guidelines
  • Third-Party Delivery Regulations and more.
The Friday Extra
Upcoming Events
Summer Sunset Networking Event
Join the Chamber for our first in-person networking event in over a year! We are so excited to be able to host this lovely event at the Residence Inn by Marriott in the Bronx.
The event is free for our members (plus 1 guest) and $20 for non-members and additional guests. The night will include one free drink, cash bar, and light appetizers!
Upcoming: Bronx Chamber of Commerce Annual Gala
Mark Your Calendars
For Our 2021 Gala on
September 30, 2021
The Bronx Is Back In Business
We’re going to make it a night to remember!
Ruben Diaz Jr. – Bronx Borough President
Lucy McMillan – Arnold & Porter
Aurelia Greene – Former Deputy Bronx Borough President & Assemblywoman (posthumously)
More to announce
Available Growth & Recovery Grants
Restaurant Return To Work Tax Credit
The $35 million Restaurant Return-to-Work Tax Credit Program provides an incentive to COVID-impacted restaurants to bring restaurant staff back-to-work, and to increase hiring at NYS restaurants. Qualifying businesses are eligible for a tax credit of $5,000 per new worker hired, up-to $50,000 per business. The Program is open to eligible restaurants located in New York City, or in an area outside of New York City that was designated an Orange or Red Zone for at least thirty consecutive days.
To be responsive to the needs of COVID-impacted restaurants, the Restaurant Return-to-Work Tax Credit provides a Fast Track Option, which allows a business to claim the credit before the end of the tax year.
Restaurants may claim the credit after August 31, 2021 (Fast Track Option), if the business can demonstrate a net employee increase of at least 1 full-time employee as measured from April 1, 2021 to August 31, 2021.
Alternatively, restaurants can choose to claim the tax credit on their 2021 NYS tax return if the business can demonstrate a net employee increase of at least 1 full-time employee as measured from April 1, 2021 to December 31, 2021.
$800 Million Small Business Recovery Grant Program
Click Here for a helpful webinar on the $800 million small business recovery grant program, which will provide funding to small and micro businesses and small for-profit independent arts and cultural organizations to help them recover from the economic impact of the pandemic.
Bronx Chamber Member Spotlights
Monroe College
Earn an Associate, Bachelor’s or Master’s Degree
Monroe College is offering a 20% tuition reductions to employees of the members of the New Bronx Chamber of Commerce.
Monroe College will be LIVE:
This webinar will give you an overview of the admissions process for adult learners who are interested in earning their degree and students who are interested in transferring to Monroe. You will also have an opportunity to ask questions.
  • Monroe is offering a variety of course options: on-campus, online and virtual classes.
  • 4 Transfer credits and credits for prior learning experience may be awarded
  • 4 3 semesters a year result in faster degree completion (semesters begin September, January, and April)
Mott Hall Charter School
Mott Hall Charter School is accepting applications for 6th grade and also accepting waitlist applications for 7th and 8th grade for the 2021-22 school year.
Apply online HERE.
Job Opportunities
The following Bronx Chamber members are currently hiring:
What You Should Know
PPP Forgiveness: New Portal from the SBA
The U.S. Small Business Administration (SBA) announced that it will launch a streamlined Paycheck Protection Program (PPP) forgiveness application portal on August 4 to allow borrowers with PPP loans of $150,000 or less to apply for forgiveness directly through the SBA.
The new streamlined PPP application portal will accept applications from borrowers that have a PPP loan with a participating lender that opted into the forgiveness portal, simplifying forgiveness for millions of small businesses.
PPP borrowers can check out the Direct Forgiveness Portal User Guide for detailed instructions or attend an SBA-sponsored training session on the new SBA Direct Forgiveness Portal – click here for upcoming dates.
The SBA is also standing up a PPP customer service team to directly assist borrowers with their forgiveness applications. Borrowers needing assistance can call 1-877-552-2692, Monday – Friday, 8 a.m. to 8 p.m. ET. or meet with a Pace SBDC Business Advisor.
NYC Business Quick Start Program
NYC has launched NYC Business Quick Start, a concierge service for small businesses that provides sole point of contact to help navigate City regulations, as well as a public dashboard. The program guarantees a 48-hour response to all small business inquiries and will cut processing time by 50 percent.
The new program will help you:
  • Understand key City rules and requirements to avoid fines and violations
  • Connect to government agencies to get the permits and licenses you need for your business
  • Learn how to resolve any violations your business has received
Community Resources
City Clean Up Corps
The Mayor kicked-off an ambitious program called the City Cleanup Corps (CCC). Following the devastating impacts of this ongoing pandemic, the CCC was launched to both help cleanup and rejuvenate our great neighborhoods and communities, while providing meaningful, good paying jobs that provide a career path to lasting economic recovery.
As a community leader, you can assist the CCC in two important ways:
  • Connecting the CCC to your community: Through a partnership between the Human Resource Administration and the JCC of Greater Coney Island, the JCC is able to place paid full-time interns within your local organizations. But to participate, your local organization needs to sign up with the JCC. Click here for more details on partnering in this great initiative.
  • Connecting your community to CCC jobs: From cleaning parks to helping restaurants, there are many opportunities in all neighborhoods across the City. Click here to connect to the latest job posting.
Small Business Assistance
NYC Small Business Resource Network
The Bronx Chamber of Commerce is proud to be a part of the NYC Small Business Resource Network — a city-wide initiative to bring technical assistance and business recovery support to NYC small businesses.
At no cost to you, the NYC Small Business Resource Network can assist in technology, real estate, legal and accounting services, procurement opportunities, marketing, loans and grants, and more. Our on-the-ground Small Business Support Specialists will help guide you to the resources you need.
M/WBE Certification
The City is committed to awarding $16 billion in City contracts to M/WBEs over the next decade. Getting certified as a (M/WBE) Minority & Women-Owned Business Enterprise will help you access exclusive programs to help your small business grow and compete for these opportunities.
1. Increased opportunities for the City’s MWBEs: New York City agencies buy more goods and services from certified businesses
2. Gain access to capacity building programs: Education, Financing
3. Free advertising in the NYC Online Directory of Certified Businesses. Market your firm to all potential clients that care about diversity
4. Mentorship Programs and Workshops to help M/WBEs build and strengthen operations to compete and perform better on contract opportunities.
5. NYC Procurement Technical Assistance Center (PTAC) provides one-on-one consultation services while you are in the process of drafting a bid proposal and provides post-selection feedback.
6. Networking Events for certified businesses, including the annual Citywide Procurement Fair, an SBS signature event for M/WBEs only.
Need Help Recertifying your M/WBE Status? Contact Us.
Chamber on the Go
NYC resources are available for small business owners in the Bronx through our Chamber On-the-Go business support program. We connect you with resources to help your business thrive from the NYC Department of Small Business Services and the Bronx Chamber of Commerce.
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