food

Fee Cap on delivery app

Business news, New York business, New York business news May 19, 2020

New York City Imposes Fee Caps on Delivery Apps

New York City is set to limit the surcharge food delivery apps can apply to restaurants using their platforms. City Councilman Mark Gjonaj sponsored the legislation and hopes it will relieve some of the corona-related hardships in the food industry. New York City has set a cap on fees for food delivery services during emergency situations. The move follows a class-action lawsuit filed last month by three restaurants in New York. The owners accuse Grubhub,…

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Business news, New York business, New York business news March 31, 2020

Loans for Small Businesses affected by Corona

New York Mayor Bill de Blasio announced an assistance program offering monetary relief to small businesses affected by the coronavirus outbreak. NY’s small businesses will be entitled to corona rehab loan Businesses with fewer than 100 employees can apply for an interest-free loan up to $75,000. The loans are intended for businesses in the service industry, like restaurants and caterers, that have kept employees on payroll and seen a decline in revenues. The repayment plan for the loan is…

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Business news, New York business, New York business news, Uncategorized March 24, 2020

A Business Model that Works (and Thrives) During a Pandemic

As Americans are under strict orders to stay home to curb the spread of the Coronavirus, businesses offering virtual experiences, online resources, or delivery services are able to do exceptionally well. Meal delivery services, like Blue Apron and Hello Fresh are seeing significant growth in customers. With cooking being a favorite pastime (and necessity), it is no wonder that consumers are looking for ways to prepare healthful and hearty meals with none of the shopping, hassle, or…

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Brooklyn news, Business news, New York business, New York business news November 11, 2019

Absolut(e) Air: Vodka Made From What We Breath

Brooklyn-based startup Air Co. has just released a vodka made from carbon dioxide. The electrochemical conversion of carbon dioxide into alcohol is not new; Air Co. is the first to produce and scale a drinkable beverage out of it. The new drink’s label reads “vodka made from air, water and sun.” As a player in the trendy food and beverage sustainability movement, Air Co. made “the world’s first carbon-negative vodka,” with each bottle a result of the…

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Business news, New York business October 9, 2019

New York Businesses Selected as Finalists in Grow-NY Food Business Competition

Seven New York businesses were among eighteen companies selected to take part in the first round of the state-funded Grow-NY food innovation and agriculture technology business challenge. The finalists were chosen from nearly 200 startups that had submitted applications to the contest, which seeks outstanding ideas for new food, beverage or agriculture businesses. An additional two rounds of competition will ultimately select seven winners who will be awarded a total of $3 million, paid in stages based…