This article celebrates the 5 winners from across Queens borough that will be awarded $1,000 flash grants.
Maspeth Federal Savings is not only a bedrock for local families, but we are also an engine for commercial growth – specializing in multi-family and mixed-use lending. We are committed to supporting small and local businesses with the capital and strategic partnership that they need to thrive. By doing so, we ensure that our local economy is built right here, by the people who live here.
Key Takeaways from the Article:
- The Mission: Thomas Rudzewick, President and CEO of Maspeth Federal Savings, emphasized that the initiative is an investment in the economic vitality of Queens, aiming to help local entrepreneurs access resources needed to grow, create jobs, and strengthen neighborhoods.
- High Community Demand: The program experienced an overwhelming response, drawing applications from more than 500 borough business owners. Due to this immense demand, both QEDC and Maspeth Federal Savings expressed a shared intent to continue working together to provide more resources for Queens businesses in the future.
- Diverse Local Impact: The five selected winners reflect the entrepreneurial diversity of the Queens community, including Noushi Pastry LLC (Astoria), Sivaro Snacks (Long Island City), Hand in Hand Speech Therapy (Queens Village), The Wandering Shuckers Co. (Sunnyside), and Henry Handy Service.

