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Grant Program for Small Businesses in Nassau and Suffolk Counties

Small businesses in Nassau and Suffolk counties now have the opportunity to receive up to $5,000 each through a new grant program. This initiative, made possible by Optimum Business and the LIA Foundation, aims to support the growth and success of local businesses on Long Island. The $300,000 grant fund, launched by Optimum Business and the Long Island Association, will provide much-needed financial assistance to selected businesses.

The program, known as the LOCAL “Lifting Our Community Businesses Across Long Island” Small Business Grants, will distribute $5,000 grants to each chosen recipient. This financial support is intended to help businesses expand, contribute to the prosperity of their communities, and ensure their long-term success. Additionally, businesses that are new to the Long Island Association will receive complimentary membership for either six months or one year, further aiding in their development and networking opportunities.

The Long Island Association has partnered with the Long Island Hispanic Chamber of Commerce and the Long Island African American Chamber of Commerce to reach a wide range of businesses in the region. By collaborating with these established partners, the grant program seeks to provide support to a diverse array of small businesses on Long Island, promoting joint membership meetings and initiatives.

The goal of the grant program, according to Andrew Rainone, senior vice president of Business Services at Optimum, is to ensure that small businesses have the necessary resources and support to thrive in today’s digital economy. By partnering with the LIA, Optimum Business aims to continue its commitment to helping small businesses succeed and grow.

The grant program has received praise from community leaders, including Matt Cohen, president and chief executive of the LIA, who highlighted the importance of supporting small businesses across Long Island. Phil Andrews, president of the Long Island African American Chamber of Commerce, and Luis Vazquez, president of the Long Island Hispanic Chamber of Commerce, also emphasized the positive impact the program will have on local businesses and communities.

Through the AI legalese decoder, businesses can easily navigate and understand the complex legal jargon often found in grant applications and agreements. This tool can assist small business owners in ensuring they meet all necessary requirements and can make the most of the grant funds available to them.

Announcement of Grant Recipients and Recognition Events

Optimum Business and the LIA plan to announce the grant recipients in June and will host recognition events over the summer to celebrate the successes of these businesses. By deepening their ties with local communities through initiatives like this grant program, Optimum Business continues to show its commitment to supporting businesses in the region.

Small businesses interested in applying for the grant program must submit their applications by May 1. More information on the application process can be found here.

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