Private-Sector Loan and Grant Opportunities

This resource provides an extensive, aggregate, but not necessarily comprehensive, list of funding sources that may be available to small business owners. Of note, the list flags where a grant program may be targeted at specific historically disadvantaged groups including e.g. Black, Immigrant, Person of Color, or Woman owned businesses.

This information should not be considered comprehensive. This information should not be construed as an endorsement of any specific financial program.

To apply for assistance for your small business, click here.

NCG – Arts Loan Fund – COVID-19 Emergency Fund

Provides up to $50,000 loan to arts organizations in Alameda, Contra Costa, Marin, Monterey, Napa, San Francisco, San Mateo, Santa Clara, Santa Cruz, Solano and Sonoma Counties. Loans can be used to cover any need identified by the borrower due to the impacts of the COVID-19 public health orders.

Site Type
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Eligibility

Must be a 501(c) 3 nonprofit organization or be fiscally sponsored by one;
Arts and culture organizations that maintain an active teaching, presenting, exhibiting, producing, or archiving practice or that provide vital services to artists and cultural organizations;
Art Disciplines: Arts education, dance, folk and traditional arts, literary arts, media arts, multidisciplinary arts, museums, music, musical theater, opera, presenting arts, theater and visual arts. Loan funds can also be used to support a variety of projects, such as festivals, parades, and film or video projects;
Eligible Counties: Alameda, Contra Costa, Marin, Monterey, Napa, San Francisco, San Mateo, Santa Clara, Santa Cruz, Solano and Sonoma;
Budget Size: The Emergency COVID-19 loan product is intended to serve small to midsized arts and culture organizations with budgets up to $2M. Larger budget organizations should contact Margaret (Margaret at padmaconsulting.com) in advance of applying and will be considered if they serve as a significant presenting partner to smaller budget organizations;
Arts and culture organizations that demonstrate a track record for financial record keeping and management, and general financial health, but whose cash flow and revenues are severely impacted by Shelter in Place public health mandates related to COVID-19;
Returning Borrowers: Must have managed past loans responsibly and made timely repayments;
Frequency: In response to extraordinary pressures placed on nonprofits during COVID-19 health and safety orders, existing borrowers may apply for one additional loan, however the total borrowed may not exceed $50,000.

Target Geography

Neighborhood BusinessWorks

Provides flexible financing to new or expanding businesses in Sustainable Communities and Priority Funding Areas through Maryland

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Eligibility

Maryland-based small businesses and local development corporations whose activities contribute to broader revitalization effort and whose projects are intended to promote investment in commercial districts or town centers

Target Geography

New York State Biodefense Commercialization Fund

Companies from outside of the state that meet the above qualifications may apply for funding, if they are committed to relocate to New York state.Academic institutions based in New York with translational innovations that are on the cusp of moving into a commercial development phase are eligible to apply for grants of $250,000 to $500,000.

Site Type
Eligibility

https://esd.ny.gov/sites/default/files/Biodefense-Fund-Guidelines-final.pdf

Target Geography

New York State Seed Funding Grant Program

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.

Eligible Applicants must provide evidence, acceptable to New York State that the Eligible Applicant is operational and meets the Program requirements. As part of the application each micro-business, small business, or for-profit arts and cultural organization including independent arts contractors shall provide sufficient documentation in a manner prescribed by Empire State Development ("ESD") to demonstrate Program qualification. Only one grant per business EIN or SSN is allowed. Due to a limited amount of funding and the high volume of requests expected, business type, geography and industry may factor into ability to receive a grant.

Site Type
Eligibility

Small businesses, Micro-businesses and For-profit independent arts and cultural organizations, including independent arts contractors submitting an application for a grant award to the Program (collectively, “Eligible Applicants”) must:

  1. Be incorporated in New York State or licensed or registered to do business in New York State and must be resident in the State of New York;
  2. Be a currently viable Micro-business, Small business, or For-profit arts and cultural organization including independent arts contractors that started business on September 1, 2018 or later and has been operational for at least six months before an application is submitted;
  3. Have between five thousand dollars ($5,000) and one million dollars ($1,000,000) in gross receipts per annum as reflected on their most recent Federal Business Tax Return (line 1a, IRS Form 1120 or 1065; line 1 IRS Form 1040 Schedule C) or be able to demonstrate five thousand dollars ($5,000) in business expenses for businesses that have not yet filed a Federal Business Tax Return;
  4. Be in substantial compliance with applicable federal, state and local laws, regulations, codes and requirements;
  5. Not owe any federal, state or local taxes, or have an approved repayment, deferral plan, or agreement with appropriate federal, state, and local taxing authorities;
  6. Not qualify for business assistance grant programs under the federal American Rescue Plan Act of 2021 or any other available federal COVID-19 economic recovery or business assistance grant programs, including loans forgiven under the federal Paycheck Protection Program, or are unable to obtain sufficient business assistance from such federal programs.*

For full list of eligibility requirement, visit the link

Target Geography

New York State Seed Funding Grant Program

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.

Eligible Applicants must provide evidence, acceptable to New York State that the Eligible Applicant is operational and meets the Program requirements. As part of the application each micro-business, small business, or for-profit arts and cultural organization including independent arts contractors shall provide sufficient documentation in a manner prescribed by Empire State Development ("ESD") to demonstrate Program qualification. Only one grant per business EIN or SSN is allowed. Due to a limited amount of funding and the high volume of requests expected, business type, geography and industry may factor into ability to receive a grant.

Site Type
Eligibility

Small businesses, Micro-businesses and For-profit independent arts and cultural organizations, including independent arts contractors submitting an application for a grant award to the Program (collectively, “Eligible Applicants”) must:

  1. Be incorporated in New York State or licensed or registered to do business in New York State and must be resident in the State of New York;
  2. Be a currently viable Micro-business, Small business, or For-profit arts and cultural organization including independent arts contractors that started business on September 1, 2018 or later and has been operational for at least six months before an application is submitted;
  3. Have between five thousand dollars ($5,000) and one million dollars ($1,000,000) in gross receipts per annum as reflected on their most recent Federal Business Tax Return (line 1a, IRS Form 1120 or 1065; line 1 IRS Form 1040 Schedule C) or be able to demonstrate five thousand dollars ($5,000) in business expenses for businesses that have not yet filed a Federal Business Tax Return;
  4. Be in substantial compliance with applicable federal, state and local laws, regulations, codes and requirements;
  5. Not owe any federal, state or local taxes, or have an approved repayment, deferral plan, or agreement with appropriate federal, state, and local taxing authorities;
  6. Not qualify for business assistance grant programs under the federal American Rescue Plan Act of 2021 or any other available federal COVID-19 economic recovery or business assistance grant programs, including loans forgiven under the federal Paycheck Protection Program, or are unable to obtain sufficient business assistance from such federal programs.*

For full list of eligibility requirement, visit the link

Target Geography