NYCEDC Announces RISE : NYC

This week NYCEDC announced RISE : NYC, Resiliency Innovations for a Stronger Economy, a competition to identify and deploy new technologies to help small businesses become more resilient to future storms, sea level rise and other effects of climate change.

Hurricane Sandy revealed significant vulnerabilities in New York City’s buildings and infrastructure networks. The storm displaced entire communities, stalled business activity and shut down critical utility networks for days. Businesses in the city’s affected areas experienced not only physical damage to their buildings, but lost significant amounts of inventory and business-critical equipment. After the storm, many impacted businesses exhausted their resources while making the most basic repairs to get back to work. Unfortunately, not having the means to invest in resiliency measures, they remain vulnerable to future storms and other extreme weather events.

Through RISE : NYC, up to $30 million is available to fund the installation of new and innovative resiliency technologies at small businesses impacted by Hurricane Sandy to enable them to better prepare for future storms. The competition is funded by the Community Development Block Grant-Disaster Recovery (CDBG-DR) program administered through the U.S. Department of Housing and Urban Development (HUD).

The competition seeks applications from a wide variety of businesses and organizations with innovative and scalable resiliency projects that will benefit small businesses by making their building systems, energy infrastructure and telecommunication networks better able to resist, adapt to, or bounce back from extreme weather events. RISE : NYC is also seeking project sites. Small businesses that suffered physical damage, were located in the inundation area, sustained a loss of power or utility connection, or are located in the revised 100-year floodplain can participate with an opportunity to receive a selected technology at no cost.

ADDITIONAL INFORMATION
Visit the RISE : NYC website for more information and to find out how to apply.

SHARE THE OPPORTUNITY
Please share this funding opportunity with small businesses and technology providers in your community. If you have any questions or need additional information please reach out to info@rise-nyc.com or visit the RISE : NYC website.

Application due date: Friday, February 28th

NYCEDC information session:
When: Monday, February 3rd, 2014
Where: 110 William Street, New York, NY
Time: 10 am

Thank you for supporting a stronger, more resilient New York City.


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