New York programs providing financial assistance for entrepreneurs

New York operates nine SSBCI programs, one capital access program, three loan participation programs, three loan guarantee programs, and three equity/venture capital programs. Empire State Development (ESD), an umbrella organization for the state’s two primary economic development public benefit corporations, is the implementing entity for the state and will administer all approved programs. New York Ventures is a unit within ESD’s Division of Small Business and Technology Development that manages the venture capital programs. For the New York Forward Loan Fund II, Calvert Impact, Inc. (CII) will be a contracted entity to support ESD with program administration.