NEW YORK—Tens of millions of dollars are available to help small-business owners, and those looking at starting their own businesses, and a governor’s initiative is traveling statewide to teach people how to access what’s out there.
Representatives from six state agencies addressed various aspects of owning and starting a small business at Pace University on Wednesday, including taxes, growth, and locating the right resources. People went to learn from all that the state programs have to offer.
For example, the Regional Revolving Loan Trust Fund offers capital loans of up to $75,000, or 50 percent of the total project cost, whichever is less. Fifty million is available through the fund, mostly for minority and women-owned businesses.
