Check Out the List of Erie County Back to Business Grants – $19.2 Million to 1,399 Businesses- December, 2020- Buffalo, NY

Check Out the List of Erie County Back to Business Grants  of $19.2 Million to 1,399 Businesses with 50 or less employees. Get the List-  Grants – Cares Act – Buffalo, NY

80% of grantees had lost more than 25% of their annual revenue due to COVID at the time of their application

·         35% had lost more than 50% of their annual revenue;

·         43% of awardees did not receive any PPP relief funding;

·          59% of grant recipients are women-owned businesses;

·         47% of grant recipients are located in distressed or highly-distressed zip codes; and

·         30% of grantees are minority-owned businesses.

Grant amounts from $2,500 to $45,000 were determined by the business’s number of full-time equivalent (“FTE”) jobs and overall revenue. To be eligible to apply, companies were required to:

·      be a for-profit business, formally established and in continuous operation since at least October 2019

·         be based in Erie County;

·         have generated less than $7.5 million in revenue but more than $10K over the course of 2019;

·         have fifty or fewer W-2 based FTEs;

·         be current on their state, local and federal taxes; and

·         provide evidence of a significant loss of revenue, and a reduced level of production, sales, employment or service due to COVID.