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Building Business Fund

$50,000
Closed
Grant Description

The Naturally Lewis Building Business Fund aims to support business growth in Lewis County by providing matching funds for businesses to acquire necessary tools, both literal (equipment/machinery) and figurative (business services/professional services). This initiative is designed to bolster the local economy by facilitating the expansion or diversification of businesses, with an emphasis on projects that demonstrate a clear benefit to the community, including economic development, job creation, introduction of new products or services, and enhancement of cultural or recreational opportunities. Eligible projects may involve equipment, machinery, working capital, training, and workforce development, but cannot include construction or capital improvements. Applications open on July 1, 2024, with a deadline of September 26, 2024. Grant awards range from $10,000 to $50,000.

Funding Details

Award Range

$10,000 - $50,000

Total Program Funding

$100,000

Number of Awards

Not specified

Matching Requirement

Yes - 50% match required.

Eligibility

Eligible Applicants

Small businesses
For profit organizations other than small businesses

Additional Requirements

Applicants must be new or existing for-profit businesses located in Lewis County, NY, and demonstrate plans for significant expansion or diversification of products/services. Funding is offered as a forgivable loan if project milestones are met within two years.

Geographic Eligibility

Lewis County

Key Dates

Application Opens

July 1, 2024

Application Closes

September 26, 2024

Contact Information

Grantor

Jenna

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Categories
Business and Commerce
Community Development
Workforce Development