COVID-19 Resources

Support for Startups During COVID-19

Updated May 28, 2020

The Center for Regional Economic Advancement (CREA) is committed to helping startups grow and thrive, especially during challenging economic times.

Our experienced staff is personally evaluating available resources and opportunities to support startups through the COVID-19 crisis. We will continue to publish and update this list as the business climate evolves and more resources are made available.

You can suggest additional resources and opportunities by emailing crea@cornell.edu.

Webinar: Clean Energy and COVID-19

Thursday, June 4, 11 am ET

CREA Webinar Series

 

 

 

 

Support for New York State and Southern Tier Regional Startups:

 

New York Forward: Reopening in Phases 

Phase One Guidelines

Business reopening will begin in phases, by regions and industries. Starting on May 15, 2020, the Central New York, Finger Lakes, Mohawk Valley, North Country and Southern Tier regions are allowed to reopen in the following industries: Construction, Agriculture, Forestry, Fishing, Hunting, Retail (limited to curbside or in-store pickup or drop off), Manufacturing, and Wholesale Trade.  

 

Read the latest New York Forward: Reopening – Phase One guidance for businesses reopening in these regions and industries, including summary guidelines, detailed guidelines, and business safety plan templates.  

 

“This reopening is not about going back to business as usual. It’s about adapting in order to move forward and continue thriving.” 

Brad Treat, Southern Tier Startup Alliance Entrepreneur in Residence  
and Cornell University Instructor 

 

 

Cornell University

  • JumpStart Program: Partners NYS small businesses and startups that have well-defined technical problems with Cornell materials scientists, faculty and staff, who have the expertise to help solve these problems. Since 2005, 106 NYS businesses have benefited from this program. To help further small businesses, the companies’ cash contributions have been decreased by half for Fall 2020 projects. Each project lasts for one semester and has a $15,000 value. This fall, the projects will receive 50% of CCMR/NYSTAR funding ($7,500). Companies’ contributions will amount to 17% in cash ($2,500) and 33% in-kind ($5,000). Applications will open on June 1st for the projects to start in September 2020. The deadline is June 30, 2020.

Empire State Development

  • Empire State Development: “Novel Coronavirus FAQ for Businesses”: Empire State Development (ESD) has created this FAQ to offer information to businesses regarding State regulations and general guidance related to the coronavirus. If your question is not answered, please contact ESD.
  • ESD Guidance on “Essential Services” During COVID-19
  • Industries Reopening by Phase: Businesses in each region will re-open in phases. Re-opening refers to non-essential businesses and business activities. Essential businesses and business activities that are open will remain open. These guidelines apply to both non-essential businesses in regions that are permitted to re-open and essential businesses throughout the state that were previously permitted to remain open.
  • New York Forward Loan Fund: New York Forward Loan Fund (NYFLF) is a new economic recovery loan program aimed at supporting New York State small businesses, nonprofits and small landlords as they reopen after the COVID-19 outbreak and NYS on PAUSE. NYFLF targets the state’s small businesses with 20 or fewer full-time equivalent (FTE) employees (90% of all businesses), nonprofits and small landlords that have seen a loss of rental income. NYFLF is providing working capital loans so that small businesses, nonprofits and small landlords have access to credit as they reopen. These loans are available to small businesses, nonprofits, and small landlords that did not receive a loan from either the U.S. Small Business Administration (SBA) Paycheck Protection Program (PPP) or SBA Economic Injury Disaster Loans (EIDL) for COVID-19 in 2020.  The loans are not forgivable in part or whole.  The loans will need to be paid back over a 5-year term with interest.
  • NYSERDA COVID-19 Resource Guide

FuzeHub

NYS Department of Labor

Schuyler County Resources

Small Business Development Center

  • SBDC (Binghamton University): The SBDC is available to assist small businesses with accessing federal resources, such as working capital loans and counseling, and navigating their preparedness plans.

Tompkins County Resources

Upstate Capital

Support For Startups Located Anywhere in the U.S.:

 

Business Operations/Model Resources

Employer/Employee Resources

Financial Resources