Nearly two years after the COVID-19 pandemic delivered a big blow to small businesses across New York City, the chair of the City Council’s Small Business Committee called on the Adams administration to boost funding for the city agency providing direct help to struggling owners.
During the March 14 hearing, City Council Member Julie Menin highlighted how Mayor Adams administration’s proposed budget reduces the number of Small Business Services (SBS) agency members to 29 individuals and would decrease funding by $219.1 million compared to the previous fiscal year.
