The NYS Small Business Seed Grant program provides grants of up to $25,000 to operating New York State based early-stage small and micro businesses, and for-profit independent arts and cultural organizations. To be eligible, applicants must have started operations on or after September 1, 2018, have between $5,000 and $1 million in annual gross receipts, and been operational for at least six months before an application is submitted. Grant funds can be used for business operating expenses, including payroll, rent or mortgage payments, taxes, utilities, and PPE expenses incurred between September 1, 2018, and January 1, 2022. More information and eligibility requirements can be found here. If you have questions about this program, email sbdc@pace.edu to speak with a business advisor.

October marked the re-launch of the Pace SBDC’s partnership with the New York Public Library. Pace business advisors have once again begun to hold sessions at the Stavros Niarchos Foundation Library's 5th floor Thomas Yoseloff Business Center in midtown. Our advisors regularly meet with smalll bussiness owners and entrepreneurs in person in the offices provided at the library's business center. To learn more about this and other partnerships, find more information here. Interested in an "in-person" session in English or Spanish? Tell us here or aqui.

Pace SBDC is thrilled to partner with the New York State Society of CPAs (NYSSCPA) to bring small business owners and entrepreneurs a series of live, no-cost tax, accounting and finance webinar trainings on timely topics including the Employee Retention Tax Credit, Tax & Accounting 101 for Technology Startups and Small Business Tax Liability Reduction Strategies. The Employee Retention Tax Credit has been a key pandemic recovery funding support program. In our November 9th webinar on the topic, businesses will learn about the benefits, guidelines and eligibility requirements. Our November 14th program for technology startups will highlight tax policies and best practices. The presenter of our Tax Liability Reduction Strategies session on December 15th will discuss owner compensation options, cash vs. accrual-based filing, and much more. Don't miss our informative programming. Sign up for all three webinars on our Events page here.

More than a decade ago, Volkan Muti had a goal of opening his own restaurant and wine bar. Volkan met with a Pace SBDC business advisor who showed him how to put together a loan package and business plan, and with this support the business owner's dreams came true. Wine:30 was uncorked. Today, Volkan continues to make use of the Pace SBDC's free resources and one-to-one guidance as he looks to expand. Read more in the client feature.