The Belmont Business Improvement District

Business Resources

  • Financial Assistance
    • BX-Factor Grant: The BX-Factor is a grant specifically designed to support promising local businesses funding for growth and sustainability. It’s a competition that will showcase the entrepreneurial spirit of the Bronx. The top five applicants will be invited to participate in a pitch competition during Bronx Week for a chance to win a $10,000 cash prize. Applications open February 1st. The deadline to apply for this grant is March 15th. Finalists will be notified by April 15th
    • NYC Funds Finder: The Department of Small Business Services has partnered with Next Street to make affordable financing more accessible to all NYC entrepreneurs. It is the City’s first online funding marketplace for small businesses. The Funds Finder offers complimentary financial counseling, assistance with preparing documents, and custom lists of funding opportunities
    • NYC Small Business Opportunity Fund: The Department of Small Business Services has launched a $75 million loan fund to help NYC’s small businesses rebuild, grow, hire, and thrive. The Fund is being promoted as flexible, low fixed-interest-rate capital. Review the Pre-Application. New applications paused as of 2/13/23. Businesses may complete the inquiry form to be notified regarding if the application reopens and additional financing options.
    • NY State Seed Funding: The New York State Seed Funding Grant Program was created to provide assistance to early-stage small businesses to succeed in the state’s economic recovery following the COVID-19 pandemic.
    • Find grants and loans you might be eligible for, access 1-on-1 support, webinars & more. Learn more here.
    • Childcare Business Tax Credit Incentives: 1. Property tax abatement for property owners who retrofit space to accommodate childcare centers. Property owners who create a childcare center or increase the number of seats at an existing childcare center may be eligible for a property tax abatement covering up to $225,000 of construction costs.  2.  Income tax credit for businesses that provide free or subsidized infant/toddler care for their employees.
    • Additional information on financial assistance for businesses related to the COVID-19 pandemic can be found on our COVID-19 Resource Page
  • Business Violation Resources 
  • Required Signage

  • Business Courses
    • The Commercial Lease Assistance Program through the Department of Small Business Services offers free legal services to eligible small businesses, assisting with signing new commercial leases, amending or renewing existing leases, and addressing lease-related issues. Interested businesses can apply through the online portal or call 888-SBS-4NYC (888-727-4692).
    • Brooklyn Legal Services Corporation A provides free legal services to small businesses across NYC regarding assistance with commercial leases. It offers a free virtual clinic for small business owners seeking legal assistance. This resource offers business owners the opportunity to meet with one of their attorneys in a 30-minute session to discuss needs related to their commercial lease—including lease renewal, termination, negotiating a sublet, landlord harassment, and more. The clinic runs Tuesdays from 4PM to 6PM on Zoom. Check out the flyer here and sign up here. For more information, contact the intake team at 718-487-1340 or CLAhelp@bka.org
  • Business & Employee Training
  • Veteran Owned Businesses & Entrepreneurs
    • Veteran Business Owners can fill out this online form to be included on an interactive map of NYC Veteran Businesses by NYC Department of Veterans’ Services.
    • Through the Veteran Business Leadership Association (VBLA) NYC Department of Veteran’s Services offers free one-on-one business counseling, access to capital, and help with government contracting.
  • Emergency Response Assistance
    • The SBS Emergency Response Unit can help local businesses impacted by emergencies through providing the latest emergency information, helping business owners regain access to their location and recover items, coordinate with the NYC Police Department and other responders, connect businesses to attorneys and business organizations, and help accelerate the restoration of business operations. For assistance, businesses should contact our Emergency Response Unit through the SBS Hotline at 888-SBS-4NYC (888-727-4692) or via email at eru@sbs.nyc.gov.
  • Graffiti Free NYC
  • Reduce Food Waste
  • Internet Access
    • Internet Advisor offers a comprehensive listing of internet providers searchable by coverage area, price, and rating.
  • Pest Prevention