Establishes the New York first--shop local program to provide immediate assistance to small businesses impacted by the COVID-19 outbreak; defines terms; provides that such program shall identify eligible applicants and projects that promote local products and services by providing marketing and business assistance services; makes related provisions.
Summary
Bill A02410 establishes the New York first--shop local program aimed at providing immediate assistance to small businesses affected by the COVID-19 pandemic. The program is designed to promote local businesses and industries by offering marketing and business assistance grants to eligible applicants, which include not-for-profit organizations, municipalities, and for-profit companies. The bill outlines the creation of a new article in the economic development law that details the program's objectives, application process, and reporting requirements.
Impact
The bill amends the economic development law to create a framework for supporting local businesses through targeted marketing and business assistance initiatives. It allows for the allocation of grants up to ten thousand dollars per project to eligible entities, thereby enhancing local economic stability and growth. This initiative is expected to strengthen local tax bases and support community organizations, ultimately contributing to the recovery of the state's economy post-COVID-19.
Sentiment
The sentiment around Bill A02410 appears to be generally supportive among proponents who emphasize the importance of assisting small businesses during economic recovery. However, there is some contention regarding the allocation of funds and the effectiveness of such programs, as indicated by the mixed voting results in the Assembly Economic Development Committee, where the bill was held for consideration with 17 votes in favor and 7 against.
Contention
Notable points of contention include concerns about the adequacy of funding for the program and whether the proposed marketing strategies will effectively reach and support local businesses. Critics argue that without a clear measurement of success and accountability for the use of funds, the program may not achieve its intended goals. Supporters counter that immediate assistance is crucial for small businesses to survive in the current economic climate.
Establishes the New York first--shop local program to provide immediate assistance to small businesses impacted by the COVID-19 outbreak; defines terms; provides that such program shall identify eligible applicants and projects that promote local products and services by providing marketing and business assistance services; makes related provisions.
Establishes the New York first--shop local program to provide immediate assistance to small businesses impacted by the COVID-19 outbreak; defines terms; provides that such program shall identify eligible applicants and projects that promote local products and services by providing marketing and business assistance services; makes related provisions.
Establishes a small business content creator matching pilot program; provides that the division of small business shall establish a pilot program to match small businesses that are looking for support with marketing and advertisement with content creators who can use their social media platforms to bring attention to the small businesses they are matched with.
Establishes a small business content creator matching pilot program; provides that the division of small business shall establish a pilot program to match small businesses that are looking for support with marketing and advertisement with content creators who can use their social media platforms to bring attention to the small businesses they are matched with.
Authorizes the empire state development corporation to develop a public awareness campaign promoting businesses located in New York state with an emphasis on small businesses and the need to shop in downtown local areas; requires the creation of the Buy New York Online Networking Directory to connect purchasers with businesses located in New York.
Relates to small business energy assistance and advocacy services; establishes the small business energy assistance and advocacy services program within the division for small-business; authorizes the division for small-business to initiate complaints to the public service commission regarding gas and electricity and steam heat.
Relates to small business energy assistance and advocacy services; establishes the small business energy assistance and advocacy services program within the division for small-business; authorizes the division for small-business to initiate complaints to the public service commission regarding gas and electricity and steam heat.
In Community Development Bank Grant and Loan Program, further providing for definitions and providing for financial assistance to air ambulance crash impacted businesses.