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RFH 2010, News

PCD Accepting Applications for Grants

Sat, Aug 28, 2010

The Partnership for Community Development (PCD) is accepting applications for grants for local businesses seeking funds for a project that will stimulate new business.

Interested existing businesses can now contact Jill Smith at 825-3537 or jillsmith@twcny.rr.com request information and an application.

Funds for the Micro-Assistance Grants were awarded to the PCD in June by the Madison County Industrial Development Agency in response to a need for local small businesses, with limited financial resources, to obtain financial assistance for business improvements.

The grants are meant to assist existing for-profit corporations, partnerships, LLC or sole proprietorships seeking funds for a project that will stimulate new business. Specifically, the PCD will reward qualified applicants with funding of 75 percent for a particular project. The remaining 25 percent will be expected to be paid by the applicant.

A minimum grant will be $750 for a $1000 project and the maximum amount will be $4,500 for a $6,000 project.

 

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