CRG hopeful for CFA awards
Grant awards to be announced Dec. 18
GLOVERSVILLE — The Fulton County Center for Regional Growth is looking ahead to the stream of funding that may flow into the county when this year’s Consolidated Funding Application awards are announced later this month.
During Friday’s Board of Directors meeting CRG President and CEO Ronald Peters noted that CFA grant awards from state resources and agencies are due to be announced on Dec. 18, including word on the CRG’s application for a third round of the Microenterprise Grant Program.
The CRG has administered two rounds of the Microenterprise Grant Program each totalling $200,000 funded by federal Community Development Block Grants through the state Office of Community Renewal.
The program provides grants of up to $35,000 to startups and small businesses with no more than five employees. The CRG has administered Microenterprise grant funding to 14 businesses since 2015 that helped create about 33 jobs in the area so far.
The Fulton County Board of Supervisors authorized submission of a CDBG Microenterprise Grant application for $200,000 through the CFA process on June 11.
“If we get the money for next year we’ve got probably, I’m going to say, 20 to 22 people on a list right now that want to go through the program,” Peters said.
Peters noted that typically the number of interested applicants willing to go through the Microenterprise Grant process comes down to about eight local business owners or entrepreneurs.
Grant recipients are required to provide at least 10 percent equity in the project and must attend a small business training program provided by the CRG.
The CRG is also awaiting word on CFAs for $2.2 million for an expansion project by Pioneer Window Manufacturing Corp. in Johnstown and funding for the village of Northville to develop a Local Waterfront Revitalization Plan.
Pioneer Window is planning a 120,000-square-foot plant expansion that would add to the 160,000-square-feet it currently occupies at the 200 Union Ave. Ext. The project could add an additional 40 to 60 jobs at the architectural supply company for residential, commercial and institutional buildings that currently employs 140 workers.
In Northville the Great Sacandaga Lake has been named a designated inland waterway by the Department of State, which could enable to the village to seek grant funding for projects related to waterfront redevelopment if the village first goes through the planning process of developing an LWRP. An LWRP is a land and water use plan that identifies long term uses and implementation strategies.