CITY ACCEPTING APPLICATIONS FOR
SMALL BUSINESS RELIEF PROGRAM
BY BILL PARRY
Small businesses across
the borough have been hammered
by restrictions due to
the coronavirus pandemic
and the city announced that
loans are available to provide
economic relief.
The Small Business Continuity
Fund offers financial
assistance to small businesses
across the five boroughs
as they deal with various
challenges in response to the
COVID-19 crisis.
“Our small businesses are
the bedrock of our neighborhoods,
they make New York
City what it is. That is why we
are doing everything possible
to help them through this difficult
time,” Mayor Bill de
Blasio said. “New Yorkers will
always stick together in times
of crisis, and this partnership
exemplifies just that.”
The investment is a publicprivate
partnership between
Goldman Sachs 10,000 Small
Businesses, Tapestry, Inc.’s
Coach Foundation, and Pursuit
to provide loans to New
York City’s small businesses
affected by the emergency.
Goldman Sachs Foundation
will provide a grant to support
technical assistance
and capacity building for the
Small Business Continuity
Fund.
“The city is committed to
making sure small businesses
have the resources they
need to stay open during this
time,” Department of Small
Business Services Commissioner
Gregg Bishop said.
“As the situation continues to
evolve, we will hear from our
small businesses and make
the necessary changes to address
the challenges that they
are facing. This partnership
represents a step in the right
direction as city and private
companies come together to
assist this community.”
“This is an incredibly
challenging time for small
TIMESLEDGER | QNS.8 COM | APRIL 3-APRIL 9, 2020
businesses across the city
and it’s critical that the public
and private sectors come
together to provide meaningful
support,” NYCEDC President
and CEO James Patchett
said. “This investment will
help assist numerous small
businesses who have been impacted
by COVID-19. It is an
important first step to help
this community and the city
to recover.”
Goldman Sach has a proven
track record supporting
entrepreneurs through its
10,000 Small Businesses program,
an investment to help
small business owners create
jobs and economic opportunity.
“Goldman Sachs is acutely
aware of the responsibility
small business owners feel to
their employees, communities
and families,” Goldman
Sachs Chairman and CEO
David M. Solomon said. “Nowhere
is that more true than
the City of New York, whose
small businesses are the lifeblood
of our communities,
they are our child care centers,
our bakeries, our corner
stores. We are proud that the
Mayor is taking this immediate
action and gratified we
can offer our experience and
expertise to help New York
City businesses during this
unprecedented crisis.”
Reach reporter Bill Parry
by e-mail at bparry@schnepsmedia.
com or by phone at
(718) 260–4538.
Small businesses affected by the coronavirus pandemic can now
apply for relief from the city. Photo via Wikipedia
s updates about the
rapid spread of the new
coronavirus dominate
the news and social media
feeds and efforts to contain it
disrupt our daily routines, it’s
natural to feel unsettled and
have anxiety about coronavirus.
So how do you stay calm
during an outbreak?
Telling someone not to
worry never works, and the
same goes for yourself. Instead,
acknowledge the situation
and how you feel about it.
Remember, you have the right
to be anxious — but you also
have the ability to cope with it
in a more constructive way.
An extreme example of a
possibility is thinking that
you might die from COVID-19.
Like any number of situations,
it’s a possibility, but you
can’t live your life focused on
all the possibilities; you make
choices based on probability.
For the general American
public, the probability of dying
from the novel coronavirus
remains low, so shift your
mindset, and focus on the
most probable outcome.
Googling “Cases of coronavirus”
every few hours will
quickly become mentally taxing
and ramp up coronavirus
anxiety. Instead, try compartmentalizing.
Limit your
intake of the news to about
15 minutes a day so you can
stay informed about developments.
(Also important: Make
sure your news comes from
credible sources.) But then focus
on more productive tasks,
like taking care of your family,
finishing your work, or
finding time to relax.
Set aside 15 to 20 minutes
in the afternoon and make
an appointment with your
worry. If you have persistent
worries about COVID-19 during
the day, write them down
and tell yourself, “I’ll get to
this around 3 p.m.” When it’s
time to worry, ask yourself if
your negative thought is productive
or unproductive.
The goal is not to get rid of
worry but to put it in perspective.
Find the balance between
following proper health guidelines
and reducing the intensity
and frequency of your worry.
Don’t be overly positive or foolish
and disregard the prudent
guidelines, but ask yourself if
your thoughts are productive
or unproductive. You can’t control
certain things, but you can
control where you put your attention,
and you can take care
of yourself by exercising, eating
right, and spending time
with your family.
If you feel that your thoughts
are becoming overwhelming,
please call 800.282.6684 to
speak with a NewYork-Presbyterian
Queens mental health
professional.
To read more about how
to stay healthy amid the outbreak,
please visit: NewYork-
Presbyterian’s Health Matters
blog at https://healthmatters.
nyp.org
/healthmatters
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