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 S03433 establishes the 'New York first--shop local program' aimed at promoting local businesses and industries within the state. The program will provide marketing and business assistance grants to eligible applicants, including not-for-profit organizations, municipalities, and for-profit companies. It is designed to support local initiatives that help retain economic activity within communities, enhance customer service, and improve the overall quality of life by encouraging consumers to shop locally. The bill outlines the application process for grants, which will be awarded on a competitive basis, and sets forth reporting requirements for recipients to ensure accountability and measure the program's effectiveness.
Impact
The bill amends the economic development law to create a new framework for supporting local businesses through targeted marketing and assistance programs. It introduces a structured approach to grant funding, with a maximum of $10,000 per project, aimed at stimulating economic growth and job retention in local communities. By facilitating partnerships between state agencies and local entities, the bill aims to strengthen the economic foundation of New York's communities and ensure that more financial resources remain within local economies.
Sentiment
The sentiment surrounding Bill S03433 appears to be positive, as it addresses the needs of small businesses that have been adversely affected by the COVID-19 pandemic. Discussions indicate a shared recognition of the importance of local businesses in sustaining community economies. However, there may be concerns regarding the adequacy of funding and the effectiveness of the proposed marketing strategies, which could lead to further scrutiny during the implementation phase.
Contention
Notable points of contention may arise regarding the allocation of funds and the criteria for grant selection, as stakeholders may have differing opinions on what constitutes an 'eligible project.' Additionally, there may be concerns from larger businesses about the potential competitive advantage given to local businesses through state-funded initiatives. Some legislators may advocate for broader eligibility criteria to include a wider range of businesses, while others may emphasize the need to focus strictly on small, local enterprises.
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.