BOC

COVID-19 Capital Costs Tax Credit Program

Did your small business have extra expenses as a result of the COVID-19 Pandemic? If you answer YES, you may qualify for tax credits of up to $25,000 from New York State’s new COVID-19 Capital Costs Tax Credit Program!

Contact our Business Counselor: Moru Liang (email MoruLiang@cmpny.org or call (646) 603 - 7172) for more info or application assistance.

Seed Funding Grant Program for Small Businesses

CMP BOC is actively assisting early-stage small businesses with the NYS Seed Funding Grant Program application. Contact us: Jocelyn Liu, 646-292-5380, Jocelynliu@cmpny.org for more info or application assistance.

Eligible Business Qualifications:

  1. Be incorporated in New York State or licensed or registered to do business in New York State and must be resident in the State of New York;

  2. Be a currently viable Micro-business, Small business, or For-profit arts and cultural organization including independent arts contractors that started business on September 1, 2018 or later and has been operational for at least six months before an application is submitted;

  3. Have between five thousand dollars ($5,000) and one million dollars ($1,000,000) in gross receipts per annum as reflected on their most recent Federal Business Tax Return or be able to demonstrate five thousand dollars ($5,000) in business expenses for businesses that have not yet filed a Federal Business Tax Return;

  4. Be in substantial compliance with applicable federal, state and local laws, regulations, codes and requirements;

  5. Not owe any federal, state or local taxes, or have an approved repayment, deferral plan, or agreement with appropriate federal, state, and local taxing authorities;

  6. Not qualify for business assistance grant programs under the federal American Rescue Plan Act of 2021 or any other available federal COVID-19 economic recovery or business assistance grant programs, including loans forgiven under the federal Paycheck Protection Program, or are unable to obtain sufficient business assistance from such federal programs.

Grant Amounts

For firms that have already filed a Federal Tax Return for operations:

  • Grant awards will be calculated based upon the annual amount of gross receipts as shown on their provided 2020 or 2021 business tax return.

  • Businesses with $5,000 and up to $49,999.99 in gross receipts: Award is $5,000/business.

  • Businesses with $50,000 – $99,999.99 in gross receipts: Award is $10,000/business.

  • Businesses with $100,000 – $1,000,000 in gross receipts: Award is 10% of gross receipts with a maximum grant amount of $25,000/business.

For firms that have NOT filed a Federal Tax Return for operations thus far:

  • Award is $5,000/business

For more info or application assistance, please contact CMP: Jocelyn Liu, 646-292-5380, Jocelynliu@cmpny.org.

Cooperative Business Education Workshop

CMP will be providing a “Cooperative Business Education Workshop” on October 20th, Thursday, 3:30 PM - 5:30 PM, through Zoom. The workshop will be conducted in Cantonese.

Participants will learn about how cooperative business ownership can help them achieve their goals, employee ownership and its benefits, and will also be introduced to the characteristics of businesses well-positioned to sell to employees and transition to cooperative ownership.

RSVP here: bit.ly/BOC-CMP. If you have any questions, please contact us: Moru Liang, moruliang@cmpny.org or 646-292-9672.

Workshop on Small Business Finance and Budgeting

CMP will be hosting a FREE webinar on “Small Business Finance and Budgeting”, Wednesday, June 29th from 7:00-8:00 PM. The workshop will teach business owners and entrepreneurs the fundamentals of financial management and budgeting, including cash flow analysis, income statement, balance sheet, etc.

The webinar will be held on Zoom in Chinese Mandarin. To RSVP, please visit https://bit.ly/CMP629. For more information, please call us at (212) 571-1698.

To Sell Your Products/Services Online

CMP BOC will be hosting a 2-day online course “Steps to Creating an Ecommerce Store” on Tuesdays, June 14th and 21st, at 7:00-8:30pm, to help entrepreneurs learn about launching and growing an online business.

Course topics include:

  • building an online store from scratch

  • advantages and challenges of selling online

  • marketing strategies to promote online business.

Classes will be held in Chinese Mandarin. RSVP at https://bit.ly/CMPECOM. Questions can be directed to Jocelyn Liu at (646) 292 - 5380 or jocelynliu@cmpny.org

Getting Money for Your Business

In partnership with TD Bank, we will be hosting a webinar “Getting Money for Your Business” on Thursday, June 16th from 7:00-8:00 PM to assist startups and small businesses to navigate the complex world of business credit and financing.

Topics will include:

  • building business credit

  • establishing a banking relationship

  • securing short-term and long-term funding.

The webinar will be conducted in Chinese Mandarin. To RSVP, please visit https://bit.ly/CMPJUNE16.

Webinar on "How to Successfully Start a Business"

CMP BOC will be hosting a webinar on How to Successfully Start a Business on Thursday, June 2, at 3:00-4:00 PM. This webinar is designed to help aspiring entrepreneurs understand what it takes to start a business and share with them important tools and resources needed to establish a solid foundation for their businesses in the early stage.

The webinar will be conducted in Chinese Mandarin. Please RSVP at https://bit.ly/CMP0602.

Questions can be directed to Larry Mei at larrymei@cmpny.org.

How to Start a Commercial Child Care Business

CMP BOC (Business Outreach Center) will be hosting a 2-session online course on How to Start a Commercial Child Care Business on May 17th and May 24th. Join us to learn about daycare licensing requirements, how to create a daycare business plan, and how to seek grants and funding for your business.

Classes will be conducted in Mandarin. RSVP here: http://bit.ly/CMP51724. Questions can be directed to Jocelyn Liu at jocelynliu@cmpny.org or 646-292-5480.

Small Business Recovery Grant Application Workshop on 1/24

CMP BOC (Business Outreach Center) is actively assisting small and micro businesses, for-profit independent art and cultural organizations that have experienced economic hardship due to pandemic in applying for NYS COVID-19 Pandemic Small Business Recovery Grant Program. Economically and socially disadvantaged business owners, and those located in distressed communities, are strongly encouraged to apply.

If your business needs assistance on applications, attend our workshop on Jan. 24th, at 7-8 PM, to learn about the eligibility and documentation requirements of the program, and how CMP could assist you in applying for the grant.

The workshop will be conducted in Mandarin. RSVP here: bit.ly/CMPJAN24

2021 Small Business Bootcamp

Our online Small Business Bootcamp will be starting this Saturday, October 16th. Seats are still available. Register today!

This 10-week program will equip small business owners and aspiring entrepreneurs with important knowledge, tools, and resources required to start and grow a successful business. Course topics range from entity formation and business regulations to financial management, access to capital, and more.

For more information or registration, please contact us at LarryMei@cmpny.org.

Learn about Community Resources and Support Services during COVID-19

CMP BOC and Hamilton-Madison House together will be hosting a free webinar on Learning about Community Resources and Support Services (in Mandarin) on Monday, 7:00 pm – 8:00 pm, September 20th, 2021.

Join us to learn more about pandemic relief assistance for small businesses provided by CMP BOC, as well as behavioral health services, early childhood and senior services provided by Hamilton-Madison House and NY Project Hope.

For more information, please contact us at (212) 571-1698. RSVP here: http://bit.ly/CMP920

Small Business Recovery Grant Program

CMP BOC (Business Outreach Center) is actively assisting small and micro businesses, for-profit independent art and cultural organizations that have experienced economic hardship due to pandemic in applying for NYS COVID-19 Pandemic Small Business Recovery Grant Program.

If your business needs assistance, or simply wants to learn more about the Recovery Grant Program, please contact us at MoruLiang@cmpny.org or JocelynLiu@cmpny.org or 646-292-9672 / 646-292-5380.

Digital Marketing Online Course

Partnering with NYC Department of Small Business Services, CMP will be offering a series of Digital Marketing Online Classes every other Wednesday, 7-9 PM, from July 14th through September 22th, 2021!

Session topics include:

  • Developing a marketing strategy

  • creating contents your customers value

  • Building your own business website

  • Search engine optimization

  • and many more

Contact MoruLiang@cmpny.org to learn more or register for all or some of the sessions.

CMP BOC is Back!

CMP BOC (Business Outreach Center), currently located at 123 Walker St., New York, NY 10013, has been partially re-opened on June 7th to provide small business owners in-person consulting services, technical assistance, and application assistance for COVID relief grant and loan programs.

The BOC office will open every Monday, Wednesday, and Friday, from 9 AM to 5 PM. It will operate remotely every Tuesday and Thursday until further announcement.

Appointments and face masks are required in order to visit our office. To schedule an appointment, please call (212) 571- 1698.

CMP’s other services will continue to be delivered through phone and online platforms until further announcement.

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Interested in Applying for Restaurant Revitalization Fund?

Attend our online Workshop on Restaurant Revitalization Fund(RRF) (in Cantonese and Mandarin) on Monday, May 17th, 3 - 5 PM to learn more about the Restaurant Revitalization Fund program details, eligibility, application process, and other information.

RSVP here: bit.ly/CMP517

For more information about the workshop or application assistance for the RRF, please contact CMP BOC at larrymei@cmpny.org.

Whatever it is, the way you tell your story online can make all the difference.

Whatever it is, the way you tell your story online can make all the difference.

Webinar on PPP Loan and Restaurant Revitalization Fund Grants - May 6

In collaboration with Bank of America, CMP BOC will provide a webinar on PPP Loan and Restaurant Revitalization Fund Grants in Chinese Mandarin on Thursday, May 6th, at 7 -8 PM.

Join to learn more about PPP application process and forgiveness, and Restaurant Revitalization Fund Grants application process! RSVP here: bit.ly/CMPMAY6

Workshop on Restaurant Revitalization Fund

Attend our Workshop on Restaurant Revitalization Fund (in Mandarin) this Friday, 4/23, 3-4:30 PM to learn more about the Restaurant Revitalization Fund program details, eligibility, application process, and other information.

RSVP here: bit.ly/CMP423

For more information about the Workshop and application assistance for the Restaurant Revitalization Fund, please contact CMP BOC at larrymei@cmpny.org.

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