Reimbursement
Upon completing an awarded trade activity, companies must submit all eligible receipts and proofs of payment as one single, combined PDF. Please note that ESD does not provide partial reimbursements; documents should only be submitted once the activity is fully concluded.
To receive payment, grantees must email a comprehensive reimbursement package to Global NY upon the completion of the awarded activity.
- Required Documentation
- Formal Invoices: Must be on company letterhead and include the grantee’s name/address, detailed scope of work, date, invoice number, and total cost.
- Proof of Payment: Acceptable documents include bank statements, credit card statements, or wire transfer confirmations. Relevant charges must be clearly highlighted.
- Transactions must originate from the grantee’s business account (personal account payments are ineligible).
- Financial Statements: Statements must display the business name and address of the NY based STEP grantee. Any payments made through a personal financial account are not eligible for reimbursement.
- Project Reporting
- A completed Project Impact Report (PIR) must be submitted alongside your financial documentation for data collection.
- A secondary PIR will be required at a later date to capture long-term performance statistics.
Processing
Following the expense review, reimbursement typically takes six weeks to process. Please note the following terms:
- Grant recipients may receive a 1099 tax form in connection with the award.
- Global NY reserves the right to request additional supporting documentation and to void grants if records appear altered.
- All submissions are subject to review; reimbursement remains at the sole discretion of Global NY and may be denied at ESD’s discretion.