Does Your Small Business Need Financing?

Loan fund can be used for:
  • Machinery and equipment
  • Working capital (term up to 7 years)
  • Furniture and fixtures
  • Real property (term up to 15 years)

Minimum loan amount: $10,000
Interest rate: 4%
Eligible for profit businesses must employ less than 50 persons
Gross revenue: less than $1 million

This is an Equal Opportunity Program. For more information, please contact Carol Calabrese at 518-873-9114 or
Interested in Buying an Existing Business?
The North Country Center for Businesses in Transition (CBIT) will host a virtual event that will attract and empower aspiring entrepreneurs to pursue business ownership in northern New York. The conference will include several one-hour sessions over the course of four days to accommodate participants’ work schedules. Registration is free of charge and now open.
Business Highlight
Located at 119 Montcalm Street in Ticonderoga this beautiful shop offers unique gifts with an Adirondack flavor. Co-owners Marriann Rapple and Lynn Reale opened the shop in January 2020 and have endured the pandemic with support from the local community and residents. The Essex County IDA has been fortunate to work with this business in partnership with the Ti Chamber of Commerce and a DEC Adirondack Smart Growth Grant.