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Gotham Gazette

The Place for New York Policy and politics

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Small Business Development Center

Small Business Development Center

  • As City Eases Burdens, Access to Capital, Rising Rents Remain Issues for Small Businesses

    torres-springer sbs

    SBS Commissioner Torres-Springer (photo: @NYCBusSolutions)


    Small business assistance is a perennial political promise. Few can argue with the goal of stimulating the city's economy and almost everyone has some connection to the issue.

    After all, the Department of Small Business Services (SBS) reports that 98 percent of the city's 220,000 businesses are considered small (fewer than 100 employees). The number has increased in recent years due to an entrepreneurial boom in the city. ...