DELHI, NEW YORK – The Delaware County Department of Economic Development is pleased to announce the acceptance of applications under the new Hamden Small Business Grant Program. Through the nearly $60,000 federally-funded grant, the Town of Hamden will seek to aid in the expansion of existing, and encourage the development of new, small and micro enterprise businesses, within the Town. This program will make available matching grants of up to $10,000 to eligible small and microenterprise businesses. Applications for grant assistance under this program must be hand-delivered or postmarked by 5:00pm on Thursday, May 11, 2017.
In 2012 the Town of Hamden was awarded a grant from the Office of Community Renewal to assist in the redevelopment of a local business. A portion of these funds were made available as a grant, but the majority was provided in the form of a low-interest loan. Since then, the loan funds have been repaid and are now being made available to other businesses and entrepreneurs in the form of a grant.
Grant funds will require a dollar for dollar match, and may be used to offset a portion of the working capital and machinery/equipment expenses of the businesses start-up or expansion project. Under this program, acquisition, construction, or renovation expenses will not be eligible for reimbursement but will be considered, as appropriate, for inclusion as matching expenses. Businesses will be required to meet certain income eligibility or job creation requirements.
If you would like to receive information on this grant funding opportunity, please contact Lori Paulson by emailing LORI.PAULSON@CO.DELAWARE.NY.US or calling 607.832.5123. To ensure a prompt response to emailed correspondence, please use “Hamden Grant Application” in the subject line of your email.
To learn about this and other business initiatives, programs and funding opportunities available through Delaware County, please contact us at Delaware County Economic Development, One Courthouse Square, Suite 4, Delhi, NY 13753, by phoning (607) 832-5123 or emailing info@DCecodev.com.