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NYC Elevating Business Loan Program is sponsored by The Social Justice Fund, The Asian American Foundation (TAAF), Renaissance Economic Development Corporation (Renaissance), and the State of New York (Empire State Development).
This initiative provides affordable loans, free financial counseling, and multilingual training services to help small businesses in New York City's five boroughs remain strong, competitive, and positioned for long-term growth. It focuses on expanding access to capital for entrepreneurs. Businesses in Brooklyn are particularly eligible due to the Social Justice Fund's investment.
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NYC Elevating Business Loan Program My Loan Donate Contact Us NYC Elevating Business Loan Program This loan program is designed for existing or start-up businesses in NYC that need financial support to maintain or grow their operations.
This loan program is made possible in partnership with Renaissance, Brooklyn Social Justice Fund, The Asian American Foundation (TAAF), and Empire State Development Corp. This loan program is designed for existing or start-up businesses in NYC that need financial support to maintain or grow their operations.
This loan program is made possible in partnership with Renaissance, Brooklyn Social Justice Fund, The Asian American Foundation (TAAF), and Empire State Development Corp. New York City: Brooklyn, Bronx, Manhattan, Queens, and Staten Island Estimated Time to Funding: Approximately 4-6 weeks depending on completion of documents and loan application Working capital, leasehold improvements, start up, machinery & equipment, inventory, debt refinancing Transform your future with Renaissance's loan capital.
We are dedicated to making success attainable for everyone, regardless of income or background. Contact us today to schedule your free consultation and take the first step toward achieving your dreams. Our business advisory team is available to assist you on a 1:1 basis to understand your specific business needs.
Please schedule an appointment below and an advisory team member will contact you on your preferred meeting time to meet via zoom or in-person. By submitting this form, I consent to receive text messages or email messages from Renaissance. My submission serves as my electronic signature, and I authorize Renaissance to contact me via mobile phone or landline.
I may opt out of text messages at any time by emailing “STOP” to info@RenaissanceSBS. org. Message and data rates may apply.
By submitting this form, I consent to receive text messages or email messages from Renaissance. My submission serves as my electronic signature, and I authorize Renaissance to contact me via mobile phone or landline. I may opt out of text messages at any time by emailing “STOP” to info@RenaissanceSBS.
org. Message and data rates may apply. By submitting this form, I consent to receive text messages or email messages from Renaissance.
My submission serves as my electronic signature, and I authorize Renaissance to contact me via mobile phone or landline. I may opt out of text messages at any time by emailing “STOP” to info@RenaissanceSBS. org.
Message and data rates may apply. Renaissance's mission is to transform low-to-moderate income and immigrant communities in NYC by providing low-interest small business loans, training and counseling services.
Our Mission Our Community Client Services Success Stories Class Registrations Contact Us Announcements Donate Careers Media Inquiries Private Policy 2 Allen Street, 7th Floor New York, NY 10002 ( map ) Flushing, NY 11355 ( map ) Renaissance is an affiliate to Asian Americans For Equality Renaissance's missionis to empower low‐to‐moderate income (LMI) communities and under‐resourced entrepreneurs in our target markets by providing affordable small business loans, training, and counseling services.
We serve the New York Metro Area, including New York City, Long Island, the Mid‐Hudson Valley, and New Jersey. In accordance with federal laws and U.S. Department of the Treasury policy, this organization is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability.
To file a complaint of discrimination, write to: U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employement Opportunity 1500 Pennsylvania Avenue, N. W. , Washington, DC 20220; call (202) 622-1160; or send an e-mail to: crcomplaints@treasury.
gov. Our Mission Advisory Services Loan Capital Group Training Our Community Success Stories Announcements Contact Us Donate Careers Media Inquiries Private Policy Oops! Something went wrong while submitting the form. 2 Allen Street, 7th Floor Jackson Heights, NY 11372 111 Grand Avenue, Unit 216 Renaissance is an affiliate to Asian Americans For Equality
Based on current listing details, eligibility includes: Small business owners in New York City's five boroughs. Businesses based in Brooklyn are particularly encouraged. Assistance is available in English, Chinese, Korean, and Spanish. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Up to $100,000 (loans) Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
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Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
Past winners and funding trends for this program
The purpose of this FOA is to provide funding for up to four (4) Tribal Colleges and Universities (TCUs) that will provide entrepreneurial development services to Native American communities, focusing on supplying services to socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing SBA resources. Eligible applicants must be Tribal Colleges and Universities as defined in the Higher Education Act HEA 316 (U.S.C. 1059c). Funding Opportunity Number: SB-GC7J-23-002. Assistance Listing: 59.007. Funding Instrument: G. Category: BC,ED. Award Amount: Up to $250K per award.
The purpose of this FOA is to provide funding for up to two (2) private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing WBCs for the District of Columbia (DC) and the State of Oregon. There will be one award for each location. Eligible applicants must be private, non-profit organizations with 501(c) tax exempt status from the U.S. Treasury’s Internal Revenue Service and must provide services to the District of Columbia (DC) and State of Oregon. Funding Opportunity Number: SB-OEDWB-23-002. Assistance Listing: 59.043. Funding Instrument: G. Category: BC,CD,RD. Award Amount: $75K – $150K per award.
Small Business Innovation Research and Small Business Technology Transfer Programs Phase I is sponsored by U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA). The USDA SBIR/STTR programs support small businesses in creating innovative, disruptive technologies with commercial potential or societal benefit, including projects dealing with agriculturally-related manufacturing and alternative and renewable energy technologies. Specialty tubing could be relevant for agricultural equipment or renewable energy systems.