Throggs Neck BID
Bronx District Attorney Darcell Clark and Throggs Neck BID Executive Director Bob Jaen conducted a walking tour through the BID area on July 13 to focus attention on law enforcement issues facing the community. Council Member Marjorie Velasquez, a representative of Mayor Adams, and Throggs Neck BID Board members accompanied them.
Pictured: Bronx DA Darcell Clark with TN Bid Director Bob Jaen
Council Member Marjorie Velasquez and the Office of Administrative Trials and Hearings will answer questions about summonses, how to schedule a fair hearing, and more at a “summer pop up event” at Orchard Beach on July 11 from 10am—4pm at the Orchard Beach boardwalk.
Empire State Development Announces $250 Million COVID-19 Capital Costs Tax Credit Program Applications Extended to Sept 30th
Small Businesses with 100 or Fewer Employees May Receive Tax Credits for COVID-19-Related Costs
Empire State Development today announced that the application deadline for Empire State Development’s (ESD) $250M COVID-19 Capital Costs Tax Credit Program has been extended to September 30, 2023. New York State small businesses that made investments to comply with emergency orders and regulations in response to COVID-19 can apply for a refundable tax credit of up to $25,000. Governor Hochul announced the launch of the program on October 25, 2022 and secured an extension of the program’s application deadline through September as part of the FY 2024 Budget.
Small businesses with qualifying COVID-19-related expenses are eligible for a refundable tax credit of up to $25,000 based on qualifying expenses of $50,000. Qualifying expenses are related to building upgrades, structural changes, or supplies to comply with public health or other emergency-related orders and regulations to increase public safety through infectious disease mitigation during 2021 and 2022. Expenses can also include hand sanitizer stations, supplies to disinfect against COVID-19 transmission, equipment for social distancing, air purifiers, contactless point of sale equipment and more.
Businesses independently owned and operated in the State of New York with less than 100 full-time employees and gross receipts of less than $2.5 million are eligible.
Applicants and qualifying businesses can expect the following:
Applications will be open until September 30, 2023. Small businesses are encouraged to apply through the pre-screening tool. If businesses receive a tax credit certificate in 2023, they can claim the credit on their 2023 tax return.
To learn more about eligibility and qualifying expenses, visit www.esd.ny.gov/covid-19-capital-costs-tax-credit.
Contact:
Kristin Devoe: Kristin.Devoe@esd.ny.gov | (518) 414-1087
THE THROGGS BID/SENATOR FERNANDEZ HEALTH FAIR is being POSTPONED due to predicted inclement weather. The tentative reschedule date is July 22.
An increase has been made to New York’s minimum wage. For most New York State employers it becomes effective Jan. 1, 2026. The minimum wage for NYC (as well as Westchester and Long Island) will continue to be higher that the rest of the state. Also, the tip credit for tipped food service workers was preserved and will be adjusted so that the cash wage remains at 2/3 of the full minimum wage. See the attached chart for specific information.
Are you a Veteran seeking exciting business ownership opportunities and looking to leverage your skills in the entrepreneurial world? We have great news for you! We are thrilled to invite you to an exclusive event, “Franchising 101: Veteran Opportunities in Franchising,” hosted by the International Franchise Association Foundation in partnership with the New York City Department of Veterans’ Services and New York City Small Business Services. Date: May 31, 2023 Time: 11:30 AM – 1:30 PM Venue: Small Business Services, One Liberty Plaza – 11th Floor Conference Room New York, NY 10006 Discover the secrets to franchise business ownership at our event, providing essential insights on assessing franchise brands, securing financing, and achieving success. Learn about the extraordinary synergy between the skills of entrepreneurial Veterans and franchising opportunities. Surprisingly, Veterans, comprising only 7% of the U.S. population, represent a remarkable 14% of all U.S. franchisees. This event proudly features the International Franchise Association Foundation VetFran program, enlightening Veterans, and franchisors about this unique match. Additionally, Veterans are more inclined to hire fellow Veterans, expanding the impact of franchising within the Veteran community. Join us to access exclusive incentives and discounts available through the VetFran program, equipping you with the tools to navigate your entrepreneurial journey, regardless of your preferred industry or franchise exploration. Agenda: 11:30 AM – Arrival 11:45 AM – Lunch 12:30 PM – Franchising 101: Veteran Opportunities in Franchising This is an exceptional chance to network with like-minded individuals, industry experts, and key representatives from the New York City Department of Veterans’ Services. Don’t miss out on this valuable opportunity to unlock new possibilities and shape your entrepreneurial journey. To secure your spot, register now at bit.ly/NYC-Veteran. Space is limited, so we encourage you to RSVP promptly. Register at: https://share.hsforms.com/17ceWQwPzT0Cbwrv6YN37rwc6sv4 |
PepsiCo’s Accion Opportunity Fund is one of the nonprofit partners of the Impacto program, a PepsiCo Foundation philanthropic effort created to empower Hispanic business owners in the food industry to overcome systemic disparities and grow their enterprises.
In 2023, Impacto will provide Hispanic entrepreneurs with a full suite of free program offerings, including one-on-one and group coaching, learning and networking opportunities, and a $10,000 small business grant.
In order to be eligible, applicants must:
· Self-identify as Hispanic
· Own at least 50% of a local business whose primary purpose is to serve food
· Currently operate a business location in one of the Impacto markets: Albuquerque, Chicago, Dallas, El Paso, Houston, Las Vegas, Los Angeles, Miami, New York City, or San Antonio
· Have a business bank account
· Have been operational for at least two years (since June 1, 2021)
· Have 2022 annual revenue less than $1,000,000
Applications for the Impacto program can be completed online in English or Spanish at https://aofund.org/program/impacto/ The deadline to apply is 5pm ET on Friday, June 16th.
Small businesses are the backbone of the American economy, and of vital importance to our city and state.
TAKE ADVANTAGE OF Free NYC Small Business Services
Trained business specialists are available to: Conduct an assessment of
your business needs and answer questions. Connect you with free
resources ranging from business courses to legal services. Assist with
navigating government rules and regulations. Help apply for funding to
launch or grow your business.
BUSINESS COURSES Develop your business plan and get guidance on the right strategy for your business. Learn computer based bookkeeping, how to master marketing, what it takes to get to sell to the government, and much more.
LEGAL ASSISTANCE Access our network of pro bono attorneys who can answer all of your legal questions. They’ll guide you and help you consider a legal structure, trademark your products and services, and review your contracts or business lease
FINANCING ASSISTANCE Secure the financing you need. We’ll help you identify alternative lenders and package your loan application so that
you can operate or expand your business.
INCENTIVES Save money and maintain a competitive edge with government incentives. Your business will benefit from tax credits, energy cost savings and dozens of other government incentives.
RECRUITMENT Hire talented staff to open a new location or expand your existing business. We’ll save you time and money by recruiting and
screening jobseekers from a citywide pool of qualified candidates, and
refer only the right fit for your business.
TRAINING Give your employees the skills they need to take your business to the next level. Whether you want to invest in new technology, seek a larger market share, or reduce costs, we offer employee training
solutions to help you achieve your business goals.
SELLING TO GOVERNMENT Learn what it takes to become a government contractor. We will connect you to resources that will help your business compete on government contracts, and sell goods and services to the City of New York.
M/WBE CERTIFICATION Getting certified in NYC as a Minority & Women Owned Business Enterprise (M/WBE), Locally Based Enterprise (LBE), or Emerging Business Enterprise (EBE) puts your business in position to compete on government contracts and access exclusive programs designed to help small businesses grow.
Visit nyc.gov/getcertified to learn more.
TO LEARN EVEN MORE VISIT NYC.GOV/BUSINESS
Bronx Location: 400 East Fordham Road (entrance on Webster Avenue) 7th Floor or call 888-727-4692
Charles Saenz has been contracted by the Throggs Neck BID to develop a picturesque advertising map of our BID, for the purpose of marketing and enhancing business within our community.
Please give him your cooperation and assistance. This project will benefit all who do business in our area.
If you have any questions or concerns, feel free to call the BID at call 347-281-8323
The Department of Consumer and Worker Protection (“DCWP” or “Department”) is adding rules to implement new legislation regarding automated employment decision tools (“AEDT”). Local Law 144 of 2021 prohibits employers and employment agencies from using an automated employment decision tool unless the tool has been subject to a bias audit within one year of the use of the tool, information about the bias audit is publicly available, and certain notices have been provided to employees or job candidates.
These rules establish that a bias audit of an AEDT must calculate the selection rate for each race/ethnicity and sex category that is required to be reported on to the U.S. Equal Employment Opportunity Commission (“EEOC”) pursuant to the EEO Component 1 report, and compare the selection rates to the most selected category to determine an impact ratio. These calculations are consistent with Section 1607.4 of the EEOC Uniform Guidelines on Employee Selection Procedures. See 29 C.F.R. § 1607.4. These rules generally clarify obligations of employers and employment agencies under the new law.