Job creation is a major goal of the pool. The loan to job ratio is up to a maximum of $15,000/job created and/or retained.
That ratio is determined by the FCCRG on a case-by-case basis.
The pool may finance between 15-25% of eligible project costs.quity.
The CDBG Microenterprise Grant Program is a grant program to assist small businesses. This grant was awarded to Fulton County and is being administered by the Fulton County Center for Regional Growth. Small businesses can receive grants of up to $25,000 to assist with startup or expansion costs which create jobs.
The Gloversville Economic Development Corporation provides funding for entrepreneurs starting or expanding businesses in Gloversville.
The primary focus of their financial backing effort has been in the downtown area. The GEDC often provides the last or missing piece of funding to projects that may not be able to completely fulfill their financing needs through traditional bank or other loans.
Help for Your Business
If you are looking for help financing a business, Fulton County Center for Regional Growth is ready to help expand, relocate or start a business. We have the tools, talents and resources to make the difference.
Fulton County offers project financing and is able to guide you through the process of identifying the resources available to your business.
for Your Business
If you are expanding your business, you will need a team to guide you along the way. We have relationships with many of these crucial team members and can provide crucial assistance along the way.
Quick Downloads of Business Plan Documents from CRG