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AGENCY TESTIMONY
Small business financing assistance and Cannabis NYC loan fund
0:08:06
ยท
38 sec
SBS has helped entrepreneurs secure significant financing and launched specialized loan funds to support small businesses.
- Over $294 million in financing secured for entrepreneurs during the current administration
- $85 million New York City Small Business Opportunity Fund established
- Launch of the first-ever Cannabis NYC loan fund in October to support licensed cannabis entrepreneurs
Dynishal Gross
0:08:06
Addressing one of the biggest challenges for small businesses, SBS has helped entrepreneurs secure over $294,000,000 in financing in the current administration including the $85,000,000 New York City Small Business Opportunity Fund.
0:08:25
Working alongside the New York City Economic Development Corporation, we also launched the first ever Cannabis NYC loan fund last October to connect licensed cannabis entrepreneurs with the resources needed to turn their regulatory approvals into thriving businesses.