Small Business

CMP BOC Joined the NYC Small Business Month Expo

On May 29th, NYC Small Business Services hosted its first-ever NYC Small Business Month Expo to address the needs of small business owners. CMP Business Outreach Center (BOC) was excited to participate, offering face-to-face Q&A sessions and sharing information about our CMP classes and programs.

The event was a fantastic opportunity for us to connect directly with entrepreneurs, providing personalized guidance and showcasing the resources we offer to help small businesses thrive. We were inspired by the passion and dedication of the attendees and are committed to supporting people. Thank you for having us!

SBS is hosting the first-ever NYC Small Business Month Expo to address the needs of small business

owners of all stages, industries, and boroughs. We're thrilled to announce that CMP will be participating!

Free services from 100+ city programs, agencies, and partners for all NYC business owners in one place!

• Faster city permits and licenses

• Financing and legal assistance

• Hire workers

• Contract with NYC

• Free consultations, workshops,

and networking

• ... and much more!

🗓️ Time: May 29th, Wednesday 9 am - 3 pm

📍 Location: Pier 36 (299 South Street, New York, NY 10002)

COVID-19 Capital Costs Tax Credit Program

Empire State Development is partnering with FORWARD to administer the $250M COVID-19 Capital Costs Tax Credit Program. Eligible NYS businesses can receive a refundable tax credit of up to $25,000 based on COVID-19 expenses.

To help small business owners better understand this program, FORWARD will be hosting a webinar this Wednesday, July 26th at 1:00pm. During the webinar, FORWARD will review the program, the application process and have a Q&A session.

RSVP for the webinar: https://bit.ly/COVIDTaxCreditWebinarJuly.

Business 101 Course

CMP is launching a FREE online Business 101 Course on June 7th! Join us for an exciting opportunity designed to empower entrepreneurs with the knowledge and skills necessary to establish and grow successful businesses. The course consists of 4 sessions:

  1. 6/7/2023 (Wed.), 7PM - 8PM: Business Insurance and Risk Management

  2. 6/14/2023 (Wed.), 7PM - 8PM: Business Formation and Taxes

  3. 6/21/2023 (Wed.), 7PM - 8PM: Small Business Financing

  4. 6/28/2023 (Wed.), 7PM - 8PM: First steps to Starting a Business

Courses will be conducted in Mandarin. We welcome all aspiring entrepreneurs, regardless of your background or industry. Don't miss out on this incredible opportunity to learn directly from industry experts, unlock your entrepreneurial potentials, and pave the way for success!

To register: call (646) 603-7172 or email moruliang@cmpny.org.

Small Business Workshop - Power of Capital

In collaboration with Chase Bank, CMP BOC (Business Outreach Center) will be hosting an online small business webinar Power of Capital on Wednesday, April 19, 2023, from 7pm to 8pm.

Join us for an informative and engaging discussion on the following topics:

  • Think Strategically about Cash Flow

  • Does your business need to borrow

  • Why are you a good investment

  • What financial data is important

  • What are your credit options

  • SBA Loan Programs

  • Begin building your own empire

The webinar will be conducted in Mandarin and open to anyone interested in starting their own business. To RSVP, please visit https://bit.ly/CMPAPR19 or contact us at (646) 292-5380 / (646) 603-7172.

Workshop - How to Start A Business

Have you thought about starting your own business but did not know where to begin? Attend our online workshop on How to Start A Business on March 16, 2023, Thursday, 3:00 PM-4:00 PM!

The workshop will be conducted in Mandarin and be open to anyone interested in starting their own business and becoming an entrepreneur.

To RSVP, please visit http://bit.ly/CMP316 or contact CMP at (646) 292-5380 or (646) 603-7172.

Win $10,000 for Your Business!

Citizens Bank is hosting their 6th Annual Small Business Community Champion Award Contest, which recognizes small businesses that make positive contributions within their communities!

The contest will award $10,000 each to 30 small businesses, including ten minority-owned and ten women-owned businesses. The contest is open until 5:00 p.m. ET February 7, 2023.

Your business could be one of 30 to win $10,000! To enter, please visit: https://www.citizensbank.com/businesschampion

Workshop on Neighborhood Business Grant

CMP, in collaboration with NYC Small Business Service, will be hosting an online workshop on Neighborhood Business Grant on Thursday, December 8th, at 5 PM, to help entrepreneurs and small business owners learn more about the grant and how to apply.

The workshop will be conducted in Chinese Mandarin.

To RSVP, please visit:  授予信息會話 LM 12/8 Tickets, Thu, Dec 8, 2022 at 5:00 PM | Eventbrite, or contact CMP at (646) 292-5380 or jocelynliu@cmpny.org.

Develop a Marketing Strategy for Your Business

CMP, in collaboration with NYC Small Business Service, will be hosting an online workshop on Developing a Marketing Strategy on Wednesday, December 7th, from 6:00-8:00pm, to help entrepreneurs and small business owners learn about effective ways in promoting businesses and attracting customers.

The workshop will be conducted in Chinese Mandarin.

To RSVP, please visit:  https://www.eventbrite.com/e/lm-127-tickets-472827328267 

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.

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.

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.