Center for an Urban Future invites you to their event
About this event
*If you have trouble accessing the replay of the event, please contact Sophia at stumolo@nycfuture.org. To view the replay of this forum, you can use the link in the same email you used to access the forum virtually, or request a new link be sent above.
Speakers included:
For much of the past decade, New York City has experienced a remarkable boom in new business creation, with small businesses sparking job growth and bolstering communities from the northeast Bronx and Harlem to Flushing and Bed-Stuy. But today, a growing number of the city’s neighborhood-based small businesses are struggling. Business closures across the city have outpaced openings in three of the last five quarters, with mom-and-pops squeezed by surging insurance and utility bills, higher prices for materials and supplies, persistent rent pressures, and the mounting burden of navigating permits, regulations, and fees.
This in-person policy forum examined what’s needed to strengthen New York City’s mom-and-pop businesses at a pivotal moment for the city’s local entrepreneurs. It discussed the most pressing challenges facing neighborhood businesses, identified what’s driving them, and advanced specific ideas for how city leaders can reduce burdens, strengthen the city’s small business support ecosystem, and bolster this vital part of New York's economy.
This event was made possible thanks to generous support from Wells Fargo. General operating support for the Center for an Urban Future is provided by The Clark Foundation and The Altman Foundation. CUF also receives ongoing support from several other philanthropic funders.
Center for an Urban Future is a catalyst for smart and sustainable policies that reduce inequality, increase economic mobility, and grow the economy in NYC.
