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Customized Training Grant Program for NYC Small Businesses

SoHo Broadway Partner: Federally funded grants to help NYC businesses train and retain their staff

The NYC Department of Small Business Services (SBS) provides federally funded grants to help NYC-based businesses train and retain their employees. Businesses owners know the right trainings can help a company’s bottom line, reduce employee turnover, improve morale, promote an efficient and productive workforce, and increase competitiveness in the marketplace. 

* Application Priority Deadline: Business PREP Risk Assessment and Grant Program will be prioritizing applicants whose annual revenue does not exceed $17 million until July 26, 2024. Awardees will be determined on a first-come, first-served basis, based on the order in which applicants have submitted a complete application.

Program Overview

The SBS Customized Training Grant Program works by having businesses identify problems they are facing and select trainings that will help them solve for problems. SBS reimburses up to 60 percent of the total training costs in one or more of the following areas:

  1. Learning how to use recently purchased equipment or software
  2. Offering new services/products to reach new markets
  3. Providing new skills to help current staff advance into hard-to-fill positions
  4. Updating outdated skills to help the business be more competitive

Program Guidelines

* Businesses with less than 10 employees can apply jointly as a consortium to meet the trainee requirement. Please contact us for more information on applying as a consortium.

For additional information, review our Program Guidelines and Frequently Asked Questions.

How to Apply

  1. Submit a pre-application (also known as the eligibility checklist) to determine if your business is eligible. This should take approximately 3-5 minutes.
  2. Someone from the Customized Training team will schedule a screening call to review your pre-application, discuss eligibility, and learn more about business challenge and training needs.
  3. Submit a final application, provided by the Customized Training team, prior to one of the following deadlines:
Pre-Application Submission DatesGrant Notification Dates
July 5, 2024August 16, 2024
August 30, 2024October 11, 2024
November 1, 2024December 13, 2024
January 3, 2025February 14, 2025
February 28, 2025April 11, 2025
May 2, 2025June 13, 2025

4. SBS staff will notify you about the status of your application within one week after its board meeting. If you have any questions, please contact our staff.

Lear more at an upcoming Webinar: https://www.eventbrite.com/e/customized-training-webinar-tickets-224674827457?aff=website

Please contact Small Business Services for more information: https://sbsconnect.nyc.gov/contact/
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