World Trade Center Grant Program

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On January 23, the Empire State Development Corporation (ESDC) announced the World Trade Center Business Recovery Grant Program, designed to provide assistance to certain businesses that were economically affected by the events of September 11. Depending on their location and size, businesses located downtown can receive up to $300,000 in grant assistance.

A business is eligible if it meets the following criteria:

* It is a for-profit business entity, or a not-for-profit organization as defined by the IRC, and is not involved in religious or political activities; and

* It maintained an office in the eligible area (see below) as of September 11, 2001, and …