Microenterprise Grant Program Loan Awarded

Cosmetics firm nails new loan

By MICHAEL ANICH, Originally printed in the Leader Herald, reprinted with permission

CRG President and CEO Ronald Peters today indicated the company receiving only the second loan through the CRG program is SW Skin Care & Cosmetics, Inc. of 86 Briggs St. He said the closing on the grant was Friday.

The CRG on Friday morning had declined to name the company at its board of directors meeting at Crossroads Business Park.

SW Skin Care & Cosmetics offers services such as facials, waxing, massage, makeup and nails. It was formed by Sherry Wieszchowski to provide the “best possible skin care and make-up services in the region,” its website says. The small company has attracted clients from all over New York, as well as from Massachusetts, Vermont, Virginia, Florida and Canada, the site says.

CRG President and CEO Ronald Peters said the Microenterprise Grant Program, funded by the state, is administered by the CRG. He said it has been successful so far, although awards have been slow in closing.

“That program’s going good,” he stated. “It takes time.”

Offered is federal Community Development Block Grant funding filtered through the state Office of Community Renewal to be administered to local businesses in the county.

The CRG previously awarded a $25,000 check to L&L Embroidery of Johnstown through the Microenterprise Grant Program. The program is helpful for small start-up businesses and young companies, providing seed money to grow. A microenterprise is defined as a commercial enterprise that has five or fewer full-time employees, one or more of which owns the enterprise at the time of application.

“The state wants to move the process up,” Peters said. “We’re told our program is real successful.”

Peters also reported the county had 21 Consolidated Funding Applications seeking funding go into the state this year. He said that hopefully some of the applications will be successful and assist further development of the Tryon Technology Park in Perth.

“I’m excited about it,” Peters said of the CFA process. “I think we’re going to hit a home run.”

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

WAMC: Fulton County Officials Hope Medical Marijuana Will Jumpstart Tryon Site

Fulton County Officials Hope Medical Marijuana Will Jumpstart Tryon Site

Originally Broadcast on WAMC NorthEast Public Radio

By LUCAS WILLARD

Listen to the report on WAMC’s Website

The economy of rural Fulton County, New York has struggled for years, but with a new medical marijuana cultivation center on the way, officials are hoping New York’s burgeoning biomedical industry will help draw new business to the region.

 On the last day of July, five of 43 applicants were awarded licenses by the New York State Department of Health to cultivate, process, and distribute medical marijuana. Company Empire State Health Solutions is working to begin distributing the drug from its Fulton County facility.

Chief Operating Officer Michael Newel told WAMC that the site in the Mohawk Valley was chosen for its central location and proximity to major roadways.

 “Having grown up in Galway and Amsterdam, I was well aware of the unemployment rate in Fulton and Montgomery County and starting thinking that was pretty centrally located and was there a place where we could site the facility there. And as I started looking at that the Tryon Technology Park popped up.”

 The Tryon Technology Park was converted from a state operated juvenile correctional facility. Empire State Development transferred the property to the Fulton County Industrial Development Agency in 2012.

 Jim Mraz, Executive Director of IDA and Fulton County Planner, is excited for the Perth facility’s first tenant.

“We’re hoping this is the start of something big and will be something great for this region if we can replace all of the jobs that were lost when that facility closed,” said Mraz.

 At its peak, the Tryon Residential Center employed 350 before closing. Empire State Health Solutions anticipates creating at least 75 full-time jobs.

 While electric, gas, water, sewer, and fiber-optic internet were already available at the site, over the last year the county and IDA have made a few improvements including a new access road and rerouted sewer and water lines.

 Mraz said Fulton County commissioned a study for the best industrial uses at the Tryon site.

 “And the number one cluster is bio-medical research and development. Empire State Health Solutions proposed pharmaceutical manufacturing facility is a perfect fit.”

 And officials hope the company will jumpstart the 500-acre Tryon site and bring in more tenants. Ron Peters is President and CEO of the Fulton County Center for Regional Growth.

 “By bringing in this group we can go out and try to attract other similar bio-med groups. I think it’s going to change the landscape of Tryon Technology Park,” said Peters.

 Peters also praised the site’s rural setting and central location.

 “Close proximity to Saratoga, very close proximity to Albany, and its close proximity to all sites north and west.”

 Empire State Health Solutions will distribute medical marijuana to Broome, Albany, Westchester and Queens counties.

 Elsewhere in our region, Etain LLC will manufacture in Warren County and dispense in Albany, Ulster, Westchester, and Onondaga counties. PharmaCann will operate out of Orange County and distribute the in the Bronx, Erie, Onondaga and Albany counties.

 Columbia Care NY will dispense the drug in Clinton County.

 For a full list of companies and locations visit: http://www.health.ny.gov/regulations/medical_marijuana/application/selected_applicants.htm