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EMPIRE STATE DEVELOPMENT EXPANDS NEW YORK FORWARD LOAN FUND TO INCLUDE PAYCHECK PROTECTION PROGRAM RECIPIENTS  

  

Previously Ineligible New York State Small Businesses Can Receive Low-Interest Working Capital Loans  

  

Available to Small Businesses That Received PPP Assistance of $50,000 or Less  

Getting New Yorkers back to work by stabilizing small businesses, the working poor and eliminating barriers to employment Using existing federal and state funding, state authority and increased coordination to expand opportunity for all New Yorkers Rebuilding local and regional labor markets with an emphasis on quality job growth Deepening the coordination between economic and workforce development Albany, New York, September 28, 2020 The NYS Workforce Strategy Group, a group convened by Invest in Skills NY (ISNY), today released a range of policy, funding and programmatic recommendations to address persistent labor market issues that were exacerbated by Covid-19. The report, A New Way Forward: Bold Actions to Reshape New York’s Labor Market, compiles immediate, short-term, and long-term actions for Governor Andrew Cuomo and state policymakers to stabilize the economy and workers; to get more New Yorkers trained for the jobs of today and tomorrow; and to rebuild, rethink and reform that state’s workforce and training systems.