Post 9/11 Wage Subsidy Program Announced
Are you are a small business owner whose business has had a downturn since 9/11 tragedy? There is help available.
As a small business owner or employee, you might be eligible for the Wage Subsidy Program that is being managed by the Business Outreach Network (BOC). The Wage Subsidy is a collaboration between BOC Network and the Consortium for Worker Education (CWE) for a U.S. Department of Labor funded project to address the economic impact of September 11, 2001.
The Wage Subsidy grant will reimburse your company 50 – 60% of wages, (up to $25 per hour) for current employees or new hires that work at least 21 hours a week for a total of 13 weeks.
Through this program BOC Network will help New York City businesses create, retain and upgrade jobs in businesses impacted by the immediate and long-term economic effects of the September 11 World Trade Center attacks.
The BOC Network will identify, screen and refer dislocated workers and acceptable businesses to the CWE Emergency Employment Program. Wage subsidy assistance will be available to businesses and employers who were negatively impacted by the events of 9/11/01 or who hire individuals who lost their jobs as a result of the negative impact of 9/11/01 on their place of employment.
Prior to any wage subsidy, the business/employer will be formally assessed and required to submit proposal forms and documentation for appropriateness/eligibility.
The Business Outreach Center Network has facilitated wage subsidies for over 30 small businesses in the five boroughs of New York City. Businesses include a local gym, telecommunications/technology firms, restaurants, and small-scale manufacturers to name a few. BOC is a non-profit, small business development organization with over a ten-year record of delivering customized businesses services in New York City.
For more information, contact Annette Cohen at the Business Outreach Center, (718) 327-3562.