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Friday, December 26, 2014

New York Community Offering Grants to Small Business Startups

Grants for women and veterans offered by Port Jervis CDA
Sweet D’s, owned and operated by Danielle Gochenour
Women- or veteran-owned businesses will be considered prime candidates for small business grants being offered by the Community Development Agency in Port Jervis, New York. Both residents and nonresidents of Port Jervis may be able for a grant.

Port Jervis

Port Jervis is a city on the Delaware River in western Orange County, New York, with a population of 8,828, located northwest of New York City. The city’s Community Development Agency is offering grants ranging from $5,000 to $35,000 to small businesses owned by residents and non-residents of Port Jervis. The purpose of the grants is to encourage the growth of "microenterprise" business in Port Jervis.

Guidelines for grants

Non-residents may apply for a grant as long as their business is located in Port Jervis. Businesses who qualify must have under 10 employees, and also be able to pay 10 percent of the grant money as a down payment out of their own funds. A total of $200,000 in grant money will be awarded to 10 microenterprises.

Of particular interest to the Community Development Agency are businesses owned by women, veterans, and single people with an annual income of less than $44,750 or a family of four with an income of less than $63,900. These are the target groups they feel best fit the aim of the program to help those who would otherwise find it difficult to meet the startup costs of a business venture.

For more information on the grants and how to apply, visit pikecountycourier.com/apps/pbcs.dll/article?AID=/20141224/NEWS01/141229971/0/SPORTS/Microenterprise-grants-offered
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