Newsroom

Emergency Loan Fund For Businesses Impacted by Sunnyside Fire

Renaissance has established an emergency loan program for small businesses impacted by the devastating fire in Sunnyside, Queens. The blaze on Dec. 13 destroyed six businesses on Queens Boulevard near 45th Street. See below for more details. The New York City Department of Small Business Services will be holding a meeting on Thursday, Dec. 20…

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Santander Bank Awards Renaissance $50,000 For Small Business Programs

On Nov. 5, 2018, Renaissance was on hand for the grand opening of a new Santander Bank branch at 136-11 Roosevelt Avenue in Flushing, Queens. Jennifer Sun, co-executive director of Asian Americans for Equality (Renaissance’s parent organization), accepted a generous $50,000 check from Santander. The funds will be used to support our technical assistance programs…

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Renaissance Co-Hosts Small Business Fair in Lower East Side/East Village

Renaissance joined our non-profit partners and local elected officials for a successful Small Business Fair in the East Village Oct. 23. State Senators Brian Kavanagh and Brad Holyman came by the event at Downtown Art on East 4th Street. Representatives from City Councilmmber Carlina Rivera’s office were there, as well, to address the concerns of…

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Renaissance Awarded $600,000 to Bolster Small Businesses in New York City

Renaissance Economic Development Corp.(REDC) has been awarded $600,000 from the U.S. Department of the Treasury to support small businesses in New York City’s  immigrant, low- and middle-income communities. The Community Development Financial Institutions Fund (CDFI Fund) announced its 2018 awards Wednesday, Sept. 18. Renaissance is one of 302 institutions nationwide receiving support to boost economic…

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Renaissance Offers Emergency Loan Program For Businesses Impacted by Flatiron Explosion

Renaissance is partnering with the city’s Department of Small Business Services (SBS) to help small businesses impacted by the steam-pipe explosion in Manhattan’s Flatiron District. We have established the Flatiron District Steam-Pipe Explosion Emergency Loan Program. The loans must be used as emergency working capital for businesses located between 18th and 22nd streets, and between…

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Recap: Renaissance’s Next Generation Networking Events

For over 20 years, Renaissance Economic Development Corp. (REDC) has devoted itself to strengthening New York City’s immigrant entrepreneur and small business community. This is critical work for the city’s overall small business climate. According to a 2017 report by NYC Comptroller Scott Stringer, immigrants account for more than half of the city’s business owners. However,…

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Success Story: Tropical Stars Staffing Firm Opens New Opportunities to Immigrant Workers

(Photo: Heather Smith (left) and Sagine Duverneau of Tropical Stars.) Two years ago, Heather Smith came to Renaissance Economic Development Corp. (REDC) with a dream: establishing a new staffing company to help immigrant women find their footing in New York’s hospitality industry. Today her firm, Tropical Stars, Inc., based in Flatbush, Brooklyn, boasts almost $3…

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Renaissance Board Member Raymond Lou Featured in New Video

On March 29, 2018, Asian Americans for Equality and Renaissance Economic Development Corporation celebrated the Year of the Dog at our 44th Annual Lunar News Year  Banquet in Manhattan’s Chinatown. At the banquet, we debuted our new video, which highlights many of AAFE and REDC’s programs in our community. One of the people featured was…

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Apply For a Neighborhood 360° Fellowship With Renaissance in the Bronx and Queens

Here’s a great career development opportunity for anyone interested in working in the non-profit sector and helping New York City’s small businesses. This year, Renaissance Economic Development Corporation (REDC) is hosting a Neighborhood 360° fellow. The program, sponsored by the NYC Department of Small Business Services, deploys paid, full-time community development professionals to work on commercial…

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City Councilmember Dromm, Renaissance, AAFE Team Up to Help Small Businesses Flooded By Jackson Heights + Elmhurst Water Main Break

New York City Councilmember Daniel Dromm is hosting Renaissance Economic Development Corporation (REDC) in his Queens District Office, where emergency loans will be offered to businesses impacted by the recent water main break in Elmhurst/Jackson Heights. The office hours begin Wednesday, Jan. 17, 2018. The loan program is being offered in partnership with Asian Americans…

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