Created: August 10, 2020 12:48 PM
The city of Albany has a new grant program to help small businesses rebound from the COVID-19 shutdown.
Mayor Kathy Sheehan announced the details of the new program at a Lark Street restaurant Monday.
Small businesses in Albany that are still reopening and adapting to COVID-19 changes-- have a chance to get some financial help.
Sheehan said $500,000 would be available for business owners to restock inventory, buy PPE, and retain employees.
“We knew that there was going to be a need for funding that is more flexible, and that was connecting to our businesses that weren’t able to access PPP money or maybe weren’t able to get enough PPP money in order to be able to move their business forward,” Mayor Sheehan added.
The grant program is run through Capitalize Albany. More information can be found here.
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