“Finally, we have political leadership coming from Comptroller Lander and Mayor Adams placing a focus on growing procurement dollars allotted to MWBE companies instead of annual MWBE certifications,” said Bill Wilkins, Executive Director of the Local Development Corporation of East New York. “For decades, past administrations and relevant agencies interest was in reporting the annual increases in MWBE certifications and were missing the true mark of performance. This new approach will start to increase governments spend with MWBE companies and recycle dollars in black and brown communities. Additionally, a deeper dive needs to critically examine those city agencies that have a greater spend like NYC Design and Construction whose budget is $3 billion and ensure they reach their thresholds.”
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To read the Comptroller's full report visit https://comptroller.nyc.gov/reports/annual-report-on-mwbe-procurement/
Head of State A/W 2023 Runway Show
Head of State A/W 2023 Collection. Courtesy of Kerry Davis
Tuesday, February 14 at 7pm - NYC
CLICK HERE FOR THE FULL REPORT & PRESS RELEASE
Tuesday, February 14 at 7pm - NYC
CLICK HERE FOR THE FULL REPORT & PRESS RELEASE
1510 Broadway Groundbreaking
November 2022
The Local Development Corporation East New York in conjunction with their for profit partner McQuesten, held a groundbreaking at 1510 Broadway on November 2, 2022. The project will produce 108 units of affordable housing, 10,000 SF of commercial space, and 4,500 SF of an outdoor green space for residents and visitors to enjoy.
In attendance was: Bill Wilkins (LDCENY),Rella Fogliano and Joe Apicella (McQuesten), Brendan McBride (Associate Commissioner HPD), Erin Buchanan (Deputy Director of Land Use HPD), Latrice Walker (Assembly Member), Genese Morgan (Chair of CPB 16).
Also in attendance was numerous companies from the EBBID including but not limited to: Filco Carting, Eastern Steel, Green Gage NYC, Solco Plumbing. The event was catered locally by Fusion East.
In attendance was: Bill Wilkins (LDCENY),Rella Fogliano and Joe Apicella (McQuesten), Brendan McBride (Associate Commissioner HPD), Erin Buchanan (Deputy Director of Land Use HPD), Latrice Walker (Assembly Member), Genese Morgan (Chair of CPB 16).
Also in attendance was numerous companies from the EBBID including but not limited to: Filco Carting, Eastern Steel, Green Gage NYC, Solco Plumbing. The event was catered locally by Fusion East.
NYS Seed Program Grant Opportunity
NY Seed Grant
The New York State Seed Funding Grant Program (the “Program”) was created to provide assistance to early-stage small businesses to succeed in a recovering New York State economy.
Be sure to apply ASAP as funding is very limited.
Grant Amounts:
For firms that have already filed a Federal Tax Return for operations:
Grant awards will be calculated based upon the annual amount of gross receipts as shown on their provided 2020 or 2021 business tax return.
For firms that have NOT filed a Federal Tax Return for operations thus far:
How will you know if you were awarded a grant?
The application process for this program contains multiple stages of validation. You must first meet the program’s minimum eligibility requirements in order to be considered for a grant.
Important Note: Meeting the minimum eligibility requirements does not guarantee a grant award.
Once you are determined to be eligible for this program, your application will then go through final validation to determine if you are approved or declined for funding. As part of this validation process, you will be required to confirm certain information live over the telephone. A member of Lendistry’s team will reach out to you directly to complete this process.
Once your application is fully validated, you will receive an email from Lendistry to notify you if you have been approved or declined for grant funding.
Click here to learn more and to apply!
The New York State Seed Funding Grant Program (the “Program”) was created to provide assistance to early-stage small businesses to succeed in a recovering New York State economy.
Be sure to apply ASAP as funding is very limited.
Grant Amounts:
For firms that have already filed a Federal Tax Return for operations:
Grant awards will be calculated based upon the annual amount of gross receipts as shown on their provided 2020 or 2021 business tax return.
- Businesses with $5,000 and up to $49,999.99 in gross receipts: Award is $5,000/business.
- Businesses with $50,000 – $99,999.99 in gross receipts: Award is $10,000/business.
- Businesses with $100,000 – $1,000,000 in gross receipts: Award is 10% of gross receipts with a maximum grant amount of $25,000/business.
For firms that have NOT filed a Federal Tax Return for operations thus far:
- Award is $5,000/business.
How will you know if you were awarded a grant?
The application process for this program contains multiple stages of validation. You must first meet the program’s minimum eligibility requirements in order to be considered for a grant.
Important Note: Meeting the minimum eligibility requirements does not guarantee a grant award.
Once you are determined to be eligible for this program, your application will then go through final validation to determine if you are approved or declined for funding. As part of this validation process, you will be required to confirm certain information live over the telephone. A member of Lendistry’s team will reach out to you directly to complete this process.
Once your application is fully validated, you will receive an email from Lendistry to notify you if you have been approved or declined for grant funding.
Click here to learn more and to apply!
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Delivering on Promise From Mayor's Economic Recovery Blueprint, New "City Agencies Revitalizing the Economy" Strategy Will Locate City Agency Offices in Key Neighborhoods to Help Create Local Jobs
As Part of First Phase, Mayor and Partners Break Ground on Largest Commercial Building in Broadway Junction Area of East New York |
Click on any of the two images below to be directed to the registration page for the
East New York Economic Summit.
East New York Economic Summit.
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Business Education Walking Tour
September 11, 2020
The LDCENY, in conjunction with New York City Department of Consumer Affairs and Small Business Services toured New Lots Avenue from Pennsylvania Ave to Cleveland Street in an effort to make merchants aware of post COVID compliance requirements.
The delegation toured and educated over 40, “Mom and Pop” establishments to keep the East New York community safe. The merchants were pleasantly surprised and pleased. See photos of event below.
The delegation toured and educated over 40, “Mom and Pop” establishments to keep the East New York community safe. The merchants were pleasantly surprised and pleased. See photos of event below.
