Nassau County’s Boost Nassau Main Street Recovery Grant Program supports small businesses located within the County that experienced financial hardship due to COVID-19 and that are in need of financial assistance to continue to operate or to be able to reopen as allowed by law during the crisis. Grants of $10,000 per business will be awarded for eligible businesses with 50 or fewer full-time equivalent employees.
Per Internal Revenue Service guidance, these grants are taxable. Please review the information below for an overview of the Boost Nassau Main Street Recovery Grant Program.
If you still have questions about the program after reading the information below, please contact NDC (the County’s third-party Program Administrator), via email at NCMSRecovery@ndconline.org.
Definition of eligible business:
Less than 50 full-time equivalent (FTE) employees (40 hours = 1 FTE)
All Business Sectors: For-Profit (Must certify that the business meets the definition of a small business in 13 C.F.R § 35.3), Non-Profit (501(c)3)
Located in Nassau County
Businesses must have less than $5 million in annual revenues
Business must be currently open at some level
Must certify and demonstrate/identify that they have experienced financial hardship due to COVID-19
Reduction in revenues, increases in percent of expenses, costs related to COVID compliance, staffing difficulties, etc.