NYC giving $1M in post-Sandy grants to small biz The city announced Wednesday that businesses could get grants of up to $5,000 each to make repairs or replace equipment damaged in the Oct. 29 storm. The money is in addition to $5.5 million in grants from two nonprofit organizations, the Downtown Alliance and the Partnership for New York City, that were announced Nov. 24. [...] most of the money available for businesses trying to recover from the storm has come in the form of low-interest loans from the government and money contributed by banks and other private companies.