Sunday, January 17, 2021

Grants Available to Restaurant Businesses

EAT ADK Restaurant WeekIn order to help support small business during the COVID-19 pandemic, up to $3,000,000 in reimbursement grants at $5,000 per business is being offered to eligible applicants. This program, lead by “Raising the NYS Bar Restaurant Recovery Fund” was created in support of full-service restaurants, arguably the industry hit the hardest by the pandemic, during the winter months where temperature and weather prevents outdoor dining.

To qualify for the program, an establishment must: 

  • Be full-service restaurants (NAICS code 722511), or establishments engaged in providing food services and meals prepared on-premises to patrons who traditionally order and are served while seated (i.e., waiter/waitress service), including on-premises food and drinking establishments licensed through the State Liquor Authority (SLA).  Establishments providing take out or grab and go food services due to COVID-19 restrictions are also eligible;
  • Franchises are not eligible;
  • Have no more than $3 million in 2019 revenue;
  • Be located in New York State;
  • Have been in operation on or before March 1, 2019;
  • Certify and demonstrate that they have experienced financial hardship due to COVID-19
  • Agree to comply with all applicable New York State and local reopening guidance and COVID-19 health and safety policies, including the New York Forward reopening guidance and Cluster Action Initiative guidance, as well as SLA and DOH regulations.

To learn more about the Raising the NYS Bar Restaurant Recovery Fund, click this link.

Adirondack Almanack file photo

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