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Posted on: January 11, 2023

New grant program to invest $750K in Albany's small businesses

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ALBANY — After a taxing year of inflationary pressures and pandemic-related supply chain issues, small businesses in Albany might be able to find relief through a new grant program designed to support post-COVID recovery efforts in the city. 

Businesses can now apply for funding through the Small Business Improvement Grant (BIG) program, which will make up to $750,000 in flexible, recoverable and reimbursable capital grants available to eligible applicants. Mayor Kathy Sheehan and members of Capitalize Albany, the city’s economic development organization, announced the creation of the program at an event Wednesday morning at the Albany City Hall.

Read full article here.

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