The City of Niagara Falls, NY N.F.C. Development Corporation is accepting applications for its Minority and Women Business Enterprise Grant Program.
Donor Name: N.F.C. Development Corporation
State: All States
County: All Counties
Type of Grant: Grant
Deadline: 04/15/2024
Size of the Grant: Up to $50,000
Details:
An MWBE—as defined under Section 310 of the New York State (Article 15-A) Executive Law states that at least 51% of the business is owned and controlled by the minority members and/or women.
“Minority group member” shall mean a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:
- Black persons having origins in any of the Black African racial groups;
- Hispanic persons of Mexican, Puerto Rican, Dominican, Cuban, Central or South American of either Indian or Hispanic origin, regardless of race;
- Native American or Alaskan native persons having origins in any of the original peoples of North American;
- Asian and Pacific Islander persons having origins in any of the Far East countries, South East Asia, the Indian subcontinent or the Pacific Islands.
The program’s goal is to provide an alternative source of funding to benefit new and existing small business enterprises owned and controlled by socially and economically disadvantaged individuals—promoting economic development, job creation, and diversity in the City of Niagara Falls.
Funding Information
The N.F.C. Development Corporation will consider cash grants to the following qualified businesses:
- Up to $50,000 for existing New York State certified Minority and Women Business Enterprise (MWBE) businesses located in the jurisdictional limits of the City of Niagara Falls, New York.
- Up to $25,000 for non-NYS certified Minority and Women Business Enterprise (MWBE) start-ups or existing businesses located in the jurisdictional limits of the City of Niagara Falls, New York.
Eligibility Criteria
- Existing certified or non-certified MWBE businesses in good standing, or MWBE start-ups. MWBE businesses must be engaged in manufacturing, warehousing, retail and/or services.
- All certified MWBEs must submit a copy of their certification letter from the New York State Division of Minority and Business Development (DMWBD).
- United States Citizens and non-US Citizens who are lawfully in the United States as demonstrated by a current Resident Alien Card or Permanent Resident Card.
For more information, visit N.F.C. Development Corporation.