HELPING LI BUSINESSES

DURING CORONAVIRUS
HOW TO PREPARE FOR THE REOPENING OF LONG ISLAND

PRESENTED BY
 KRISTEN NATALIE EVLYN KEVIN JAMES
JARNAGIN WRIGHT TSIMIS LAW MADORE
President & CEO, Suffolk County Deputy County Executive President & CEO Newsday
Discover Long Island Commissioner of for Economic Development The Long Island Economics Writer
Economic Development at Nassau County Association
& Planning
 NEW YORK STATE UPDATE
Long Island has reopened for Phase 1.
Seven health care metrics met.
Two weeks away from Phase 2.
For the different phases, summary of guidelines,
business affirmation link, and a printable safety
template, go to https://forward.ny.gov/
 NEW YORK STATE UPDATE

Empire State Development recently launched a

business reopening look-up tool. A business can
use this tool to determine if they are permitted to be
open at this time and what regulations/restrictions
are in place for their industry at
https://www.businessexpress.ny.gov/app/nyforward
 NEW YORK STATE UPDATE

Governor Andrew Cuomo also announced the

launch of the $100 million New York Forward Loan
Fund to provide flexible and affordable loans to
help small businesses, focusing on minority and
women owned small businesses, that did not
receive federal COVID-19 assistance.
NEW YORK STATE UPDATE

Nassau and Suffolk counties are eligible

to access 18% of the fund, according to
Empire State Development.
NEW YORK STATE UPDATE

Businesses interested in
receiving a loan should visit
esd.ny.gov/nyforwardloans
 LOCAL UPDATE

Nassau County will offer $500,000 in loans to help

small businesses, nonprofits and landlords
struggling during the coronavirus pandemic in a
bid to distribute up to $10 million to the entities
from the new state lending program.
 LOCAL UPDATE

Suffolk County is seeking to leverage up to

$250,000 to secure $5 million in loans for
small businesses, nonprofits and landlords
through the new state program.