During National Small Business Month, Governor Hochul Highlights Commitment to Supporting New York’s Business Community

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Governor Kathy Hochul today celebrated National Small Business Month, which occurs in May, by highlighting New York State’s unwavering support for its small business community. As part of the state’s celebration, Governor Hochul launched new programs to expand support for New York’s small businesses, including a $6 million Innovation Matching Grants Program to drive innovation at small businesses and a suite of programming to support nearly 100,000 businesses insured by the New York State Insurance Fund. In addition, the Governor announced a new milestone as processing times for New York’s minority- and women-owned business certification reached a historic new low. Together, these announcements build on the Governor’s vision to providing small businesses with the resources and support that they need to thrive.

“Small businesses are part of the core of New York State’s communities”, Governor Hochul said. “Through signature economic development programs, we are making sure small businesses in every corner of the state can compete, grow and thrive. We are building a modern 21st century economy and it could not be done without New York’s small business community, which is the backbone of our economy.”

Empire State Development President CEO & Commissioner Hope Knight said, “We’re excited to celebrate National Small Business Month with programs and services that help drive growth and innovation for small businesses looking to thrive in New York. Under Governor Hochul’s leadership we are continuing to make New York State the most small-business-friendly state in the nation.”

New York State Department of Labor Commissioner Roberta Reardon said, “Small businesses not only drive our local economies but they are the heartbeats of our communities, offering unique services and providing vital employment opportunities. At the DOL, we’re committed to supporting these essential pillars of economic strength. From offering customized solutions that meet diverse business needs to facilitating access to funding and technical assistance, we empower small businesses to thrive and expand their potential.”

Read the full press release here.