LIVE HERE, WORK HERE, PLAY HERE
SMALL BUSINESS FINANCING AVAILABLE

Loan fund can be used for:
  • Machinery and equipment
  • Working capital
  • Furniture and fixtures
  • Real property

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 ccalabrese@essexcountyida.com
ADIRONDACK BUYER DAYS

Event will be using a virtual platform, Booth Central. The virtual show will be held over two days, April 20-21 from 9 am - 5 pm. 

This is a nonprofit, juried trade show featuring the best handmade gifts from Northern New York State and surrounding areas.
WORKFORCE SURVEY

The goal is to understand the current and anticipated future needs of the business community, specifically as they relate to hiring needs, skills gaps and training and to better outline where and how to position resources related to training and hiring programs and initiatives.

Please complete the survey below before March 19th.
ACCESSING COMMUNITY SOLAR NEAR YOU

In this webinar, you will learn the following:

  • Overview of community solar farms and development
  • How to access the financial benefits of community solar
  • Additional benefits of community solar to businesses, government agencies and households

Webinar March 16, 2021 @ 2:00PM
AMERICAN RESCUE PLAN 2021

RESTAURANTS AND OTHER FOOD/DRINKING ESTABLISHMENTS

Of the $28.6 billion, $5 billion is set aside for restaurants and food/drinking establishments that had less than $500,000 of revenue in 2019. Restaurants and other food/drinking establishments who have received or will receive a first-draw and/or second-draw PPP loan will still be eligible to apply for this grant program. Funds must be used to cover losses above and beyond what the PPP loan(s) covered. Grants for the restaurant relief fund will be up to $10 million per entity, with a limitation of $5 million per physical location, up to 20 locations. More information is forthcoming.
SHUTTERED VENUE OPERATORS GRANT PROGRAM (SVOG)

Plan will provide eligible applicants with grants equal to 45% of their gross earned revenue, capped at $10 million. $2 billion in this program is reserved for eligible applicants with 50 or fewer full-time employees. Changes and updates to the SVOG program include expanded eligibility (eligible applicants can now apply for both a SVO grant and a PPP loan. Previously, businesses who had applied for or received a PPP loan after December 27, 2020, were not eligible to receive an SVO grant). An additional $1.25 billion has been allocated to the program.
PAYCHECK PROTECTION PROGRAM (PPP)

Eligible parties can apply for a PPP until March 31, 2021.
Changes and updates to the program include an additional $7.25 billion to qualifying businesses and expanded eligibility to include larger non-profit organizations, certain nonprofits that engage in limited lobbying and advocacy efforts and online only news-outlets.
TARGETED EMERGENCY INJURY DISASTER LOAN ADVANCE GRANTS

Act allocates an additional $15 billion for the targeted EIDL advance program which provides up to $10,000 grants to businesses that applied for the original EIDL advance grant in 2020 and received less than they were eligible for.
AVIATION MANUFACTURING JOBS PROTECTION GRANT PROGRAM

This bill establishes a new $3 billion payroll support grant program to ensure the continued retention, rehiring, and/or recall of employees in the aviation manufacturing industry. This grant program will be administered by the Department of Transportation (DOT). This 6-month grant program will cover 50% of employees’ total compensation level (including health care benefits) while employers will be responsible for the other 50%. It specifically excludes employees with a total compensation level of $200,000 or more per year. More information is forthcoming.
EMPLOYEE RETENTION TAX CREDIT (ERTC)

This bill further expands the Employee Retention Tax Credit (ERTC) program, allowing the hardest-hit, larger businesses to count all wages as qualifying wages for the purpose of the credit rather than just wages paid to employees who were not working. It also expands the credit to some startup companies.