April 5, 2024
If your business location is in an area at risk of flooding, you may be eligible for an on-site, one-on-one risk assessment. Our experts will review your physical location, business operations, and insurance needs to provide you with personalized recommendations to help reduce the risk to your business and/or property in the case of disruptive events.
Program participants can receive a grant of up to $5,000 to cover the costs of recommended measures or certain types of resiliency equipment such as portable flood barriers, generators, and fire-proof storage containers.
Eligibility Requirements
- Your business and/or property is located in an area at risk of flooding according to the NYC Flood Hazard Mapper or the NYC Stormwater Resiliency Maps
- Have been in operation for at least one (1) year at the time of application or the commercial property must be occupied by a small business that has been in operation for at least one (1) year at the time of application
- Your annual revenue does not exceed $30 million
- Did not previously receive any grant or other benefit from the NYC Department of Small Business Services (SBS) Business PREP Grant Program or the RISE:NYC Program
- All required licenses and permits relating to the commercial property or the small business occupying the commercial property must be current
How To Apply
Gather the documents you will need to complete the application process.
- Signed copy of W-9 to verify your EIN and legal business name
- Business PREP Certification Letter
- If a commercial tenant, copy of the lease for the commercial property to demonstrate that the property is occupied by a small business that has been in operation for at least one (1) year
- Additional documentation as needed if public records cannot be found/used to determine eligibility as stipulated by the program’s rule
- Gather electronic copies of your supporting documents.