Dear Ulster County Business:

The NEW Ulster County CARES Small Business Assistance program will provide $1,000,000 in funding to financially challenged businesses, thanks to federal CARES Act funding from the New York State Office of Homes and Community Renewal.

A wide variety of business expenses, including rent, payroll, and equipment, will be eligible. The maximum funding award per business is $35,000.

Qualifying businesses must be located in Ulster County, have 25 or fewer employees, and must be either owned by a person of limited income*, or employ a majority of individuals who meet limited-income thresholds. Priority points will be awarded to minority-owned, women-owned, and veteran-owned businesses.

More details, as well as a full application, will be posted at UlsterCountyNY.gov in the coming weeks. To take the first step in qualifying for funding, please find the pre-application form online: https://forms.gle/MKz1s5cQTvpMkg1K9.

For questions about pre-application, please contact the Office of Economic Development at oed@co.ulster.ny.us.

*For the purposes of this funding program, limited income is defined as a Household Income at or below the following thresholds, as reflected on 2020 income tax returns:
Household of 1: $49,200
Household of 2: $56,200
Household of 3: $63,250
Household of 4: $70,250
Household of 5: $75,900