Microenterprise Assistance Program
Microenterprise Assistance Program 2020 is Now Open
Could you use $25,000 to help you build or expand your business in the City of Geneva?
The City of Geneva is eager to publicize that the 2020 Microenterprise Assistance Program (MAP) is now available, which could potentially provide you with grant funding you need for starting or growing your business venture.
What does Microenterprise mean? If you have a business idea, or currently have a business that you would like to expand, which has 5 or fewer employees (including the owners), you could be eligible for MAP funding. Grants will be available for a minimum of 7 interested parties in the City of Geneva.
"We are excited to have the opportunity to offer MAP for the eighth time for city businesses (and potential) owners. The program enriches the City's capacity to growing and increasing our entrepreneurial capital in Geneva," said Sage Gerling, City Manager.
There are numerous requirements for the program. The business owner must contribute 10% of the project cost in cash, and applicants must complete an approved business ownership or entrepreneurial program. Prior to the submission of an application, participants must also attend a one-on-one business mentoring meeting with the City's small business counselor to add to or create a seamless business plan. Applications are due by May 14th 2020 and are available by contacting Collette Barnard via email at 315-828-6585.
The City of Geneva Microenterprise Assistance Program is a Federally-funded program administered by the City of Geneva. Its primary objective is to assist in the establishment and expansion of small businesses and the creation of new jobs.
Small Business Disaster Grant Program
The City of Geneva has been approved by NYS Homes and Community Renewal (NYS HCR) to utilize a portion of its 2020 Microenterprise Assistance Program (MAP) to assist businesses in the City of Geneva who have been negatively impacted by COVID-19. In response to this crisis, the City has developed the Small Business Disaster Grant Program with the goal of helping businesses survive the COVID-19 crisis by providing grant funding for them to pay their operating expenses. Up to $10,000 in grant funding per business will be available to cover operating expenses over a 3-month period. Business owners can be reimbursed for expenses such as rent, utilities, insurance costs, payroll, inventory, advertising, and any other expenses necessary to keep the business operational.
Sage Gerling, City Manager, states, "Our small businesses infuse our community with vibrancy and diverse resources that increase the quality of life for residents and visitors. We are appreciative of NYS HCR allowing us to utilize the MAP program to positively respond locally to this global crisis. We believe in the resiliency of our businesses; and we are committed to building a stronger business environment during this difficult time."
The City will also continue accepting applications for the Microenterprise Assistance Program (MAP) which provides grant funding for starting a new business or expanding an existing business. If you have a business idea, or currently have a business that you would like to expand, which has 5 or fewer employees (including the owners), you could be eligible for MAP funding. Due date for applications for this grant program has been extended to May 19th, 2020. Anyone interested in the program should contact Collette Barnard via email for an application.
The City of Geneva values its small businesses and is pleased to offer these grant programs to both retain current businesses and to assist new businesses getting started.
Applications for this grant assistance are due by May 19th, 2020 and are available by contacting Collette Barnard via email or download: