Amount Available: Up to $25,000
Minimum Equity Infusion: 10%
Greene County has received funding from the NYS Office of Community Renewal for the County to administer grants for eligible microenterprise businesses. Grants are now available on a first-come, first-served basis, as long as grant funds are available to the county. The maximum grant is $25,000, matching funds are required, job creation is required, and completion of a small business training class is required. Please make inquiry to determine if you would qualify and to complete our Master Loan Application.
Loans: Interest Rate is one-half of the current prime rate plus 1%. Loan terms may extend for up to five years. Funding is continuously available through the County’s Revolving Loan Fund as long as there is money available. Completion of a satisfactory County Master Loan Application is required, along with County approval. Completion of a business training class is strongly encouraged.
The Greene County MAP, administered by the Greene County Department of Economic Development, Tourism and Planning, assists in the establishment and expansion of small businesses that are start-ups or have five or fewer employees, one of which is the owner, and the creation of new jobs through business training, funding and technical assistance.
All business sectors – including industry, retail, services, agriculture and tourism – are eligible for the program, which is open to:
The MAP provides low-interest loans, and when available, deferred-payment loan funds, of up to $25,000 for job-creating projects in the County. The MAP assistance requires a minimum cash infusion of 10% of the total project cost, and can be used for acquisition, renovation, working capital, furniture, fixtures, equipment or any other reasonable business expense.