Small businesses are the heart of our local economy
In New York City alone, more than 227,000 small businesses* employ 1.6M workers, creating jobs, opportunity, and wealth.
70 cents of every dollar generated by small businesses stays local, circulating within the community to the benefit of all.
While 98% of NYC businesses are small businesses and employ more than half of the private sector workforce, historically excluded entrepreneurs face barriers to participation that are deep and persistent. For too many, gaps still exist in market access, financing, and other resources vital to growth.
A Collaborative Effort for Collective Impact
The NY Small Business Funders Collective (SBFC) is a group of philanthropic entities coming together to strengthen the local small business ecosystem across the New York region. Members of the Collective share the belief that entrepreneurship is a powerful lever for innovation, community vibrancy, and economic development. Through pooled grantmaking, the Collective aims to change ecosystems and increase opportunity by creating thriving local economies with and for those who live, work, and are rooted in our communities.
Our Partners
What We Do...
The NY Small Business Funders Collective (SBFC) supports historically excluded entrepreneurs through client-centered intermediaries. We remain broad in approach, with targeted Requests for Proposals that employ different tactics to reach specific ends while remaining nimble and responsive to changing small business needs. The Collective grants to 501c3 organizations serving small businesses in their community, and does not discriminate in any of its activities or operations.
“Successful Succession” Grant Opportunity now open!
Beginning October 16, nonprofits and their partners can apply to the “Successful Succession Grant Program” for projects and initiatives that prevent small business closures, preserve jobs, and widen avenues of opportunity for a diverse group of players to buy, sell, inherit, and operate thriving enterprises in their local community. The Collective is focusing this RFP on interventions that build pipelines of transition-ready businesses and prepared capital-ready buyers, as well as strengthen the systems that help businesses and buyers connect with each other.
To learn more, visit the Resource tab above for guidelines, application preview and more. Click our “News” tab to read our full press release.
There will be a virtual information session on October 29, 2026 at 11:30 am ET via Zoom. Register via this link.
To start the application process using our portal, click the “Apply Now” button above.
Please direct any questions to inquiries@nysmallbusinessfunders.org
The Collective looks forward to receiving your application and building a new cohort!
Contact Us
For more information on how to join the Collective and help transform the New York small business landscape, fill out the contact form below:
NY Small Business Funders Collective
Project Management provided by:
ImpactFull, Inc.
Kristine Michie, Managing Partner
kristine@impactfullinc.com (for funder inquiries) inquiries@nysmallbusinessfunders.org (for grant application inquiries)
www.impactfullinc.com
Fiscal Sponsorship provided by:
Philanthropy New York www.philanthropynewyork.org