Financial Partners

Building Fulton County’s Economy One Business at a Time.

Economic Development Corp. (GEDC)

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.

Administered by the Fulton County Regional Chamber of Commerce & Industry
2 North Main Street
Gloversville, NY 12078
(518) 725-0641

Mohawk Valley
Economic Development District, Inc.y

Established in 1966, MVEDD is a private, not-for-profit corporation formed to fulfill the EDA mission in our region, which is “…to create and retain jobs and to help stimulate industrial and commercial growth in distressed rural and urban communities across the nation.”

26 West Main Street
PO Box 69
Mohawk, NY 13407
(315) 866-4671


New York
Business Development Corp.

NYBDC  promotes and advances the business prosperity and economic welfare of the State of New York by providing loans to small businesses including start-up, early stage and mature businesses with a particular emphasis on minority and women owned businesses. We aim to be more creative in our underwriting. In many cases, we include multiple participations, SBA guarantees, flexible amortization and long-term payouts.

50 Beaver Street
Albany, NY 122007
(800) 923-2504
(518) 463-2268


New York State
Empire State Development Corp.

The mission of Empire State Development (“ESD”) is to promote a vigorous and growing state economy, encourage business investment and job creation, and support diverse, prosperous local economies across New York State through the efficient use of loans, grants, tax credits, real estate development, marketing and other forms of assistance.

Mohawk Valley Region
207 Genesee Street
Utica, NY 13501
(315) 793-2705


Fulton County
Industrial Development Agency

The IDA’s role in Fulton County’s Economic Development Program is to develop and maintain an inventory of shovel-ready sites for new and expanding businesses, offer financial incentives, as may be required, to encourage the creation of new and retention of existing jobs and expand the County’s tax base. In doing so, the IDA strives to make Fulton County a desirable place to live and do business..


Building Fulton County’s Economy... One Business at a Time.