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Program attracts interest

January 31, 2014
By MICHAEL ANICH , The Leader Herald

JOHNSTOWN - Project applicants from the Glove Cities and the village of Broadalbin are interested in the Fulton County Center for Regional Growth's new Microenterprise Grant Program.

CRG President and Chief Executive Officer Michael Reese discussed the program with the Fulton County Board of Supervisors' Economic Development and Environment Committee Tuesday.

"I've been advertising the Microenterprise Grant Program," Reese said. "I worked with the county on this last year."

The program involves the availability of Community Development Block Grant funding. Eligible applicants for CDBG funding are governments such as counties, cities, towns and villages. The program provides grants to small businesses. Applicants can seek up to $25,000 to help with expansion costs.

In his monthly report to the committee, Reese said the CRG has received interest in the program from several business people. So far, Reese said, potential projects are in the cities of Gloversville and Johnstown and the village of Broadalbin.

Elsewhere in his report:

Reese said he has been searching for projects that could apply for CDBG funding given to Mohawk Valley counties in a third round of state funding. He said he's discussed the grant funding with two Fulton County companies, which he did not name, with expansion plans for 2014. Also, he said he's been appointed co-chairman of the Mohawk Valley Regional Economic Development Council's Project Development Committee.

The Crossroads Incubator Corp. - a subsidiary of the CRG - closed last Friday on the sale of the Johnstown Professional Office Complex on East Main Street in Johnstown with Rick Frasier, owner of a local Miracle Ear franchise. Reese said Frasier plans to use a portion of the building and lease out the rest of the space.

The CRG had its offices in the building. Reese said the CRG has since moved to the Crossroads Business Park. The CRG's new phone number is 725-7700.

Reese said he met with a New York City-area business owner interested in moving his business to Fulton County. He did not name the business.

Reese said the Pata Negra Co. on Harrison Street in Gloversville started production of cured meats, hiring Deputy Manager Maider Alonso to oversee daily operations. He said the sausage company is considering expanding in 2014.

Michael Anich covers Johnstown and Fulton County news. He can be reached at manich@leaderherald.com.

 
 

 

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