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New Grant Program to Help Small Businesses Shore Up Against Natural Disasters

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The NYC Department of Small Business Services has launched the Business Preparedness and Resiliency Program (BPREP) Risk Assessment and Grant Program for eligible small business or commercial properties.

This program offers a free on-site, one-on-one risk assessment and $5,000 grant to buy recommended resiliency equipment, such as flood barriers, generators, and fireproof storage containers

Key Eligibility Requirements:

  • Located in an area at risk of flooding 
  • Small business has been in operation for at least 1 year 
  • Annual revenue does not exceed $30 million 
  • Did not previously receive any grant or benefit from the NYC Department of Small Business Services Business PREP Grant Program or the RISE: NYC Program
  • All required licenses and permits are current