The fellowship program is part of Neighborhood 360°, an SBS initiative that strengthens commercial districts that anchor the city's neighborhoods. The fellowship program pairs future neighborhood development professionals with selected community-based organizations (CBOs) to launch projects related to business attraction and retention, placemaking, and merchant organizing.
Through the program, called WE Connect Mentors, 22 women founders and CEOs will offer mentorship sessions to aspiring women entrepreneurs. The new mentors come from a range of industries including tech, fashion, and financial services. WE Connect Mentors has already connected more than 1,000 women entrepreneurs with expert advice and support from more than 40 mentors since 2016.
Selected businesses will use grant awards to cover the costs of projects identified by in-depth business consultations delivered by industry experts. Longstanding businesses citywide can apply by February 3 for the second round of NYC Love Your Local grants. An additional 20 awardees will be selected to receive grant awards of up to $90,000.
During the first year of the program, called the Citywide Nurse Residency program, 500 newly-hired nurses will be provided with specialized training that promotes job retention. The program will support participating hospitals with implementing a year-long residency that bridges the gap between education and practice for newly-graduated nurses.
Through a service called Priority1, job seeking veterans and their spouses are provided with priority services throughout the Workforce1 Career Center system. Select centers are equipped with dedicated Veteran Specialists, many of whom have military backgrounds, to help jobseekers navigate the transition to civilian employment.