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.
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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.