{"id":31727,"date":"2019-03-14T10:59:31","date_gmt":"2019-03-14T14:59:31","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=31727"},"modified":"2019-03-14T14:24:20","modified_gmt":"2019-03-14T18:24:20","slug":"edc-warren-county-busy-helping-groups-get-ready-for-state-development-grant-program","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2019\/03\/edc-warren-county-busy-helping-groups-get-ready-for-state-development-grant-program\/","title":{"rendered":"EDC Warren County Busy Helping Groups Get Ready For State Development Grant Program"},"content":{"rendered":"
\"\"
Ed Bartholomew is the president and CEO of EDC Warren County.<\/figcaption><\/figure>\n

By R.J. DeLuke
\nEDC Warren County is the key driver of economic development efforts in the Glens Falls area and as such, its staff is always busy.
\nToward the top of the tasks this time of year is giving businesses and municipalities in the county assistance with application process for the annual Capital Region Economic Development Council grant awards. The state doles out millions statewide through its Consolidated Funding by New York State program. The funding helps many economic development projects in the area\u2014for businesses and municipalities. The applications are competitive, so interested parties must submit compelling information. In the first eight rounds of the state money competition, New York has given out $6.1 billion to 10 regions. The Capital Region, that includes Warren and Washington counties, has received $588.9 million for 813 projects over the past eight years. Last year, the counties raked in about $9.8 million.
\nEDC helps Warren County companies and municipalities with their funding applications for this state program. \u201cIt is part of our one-stop services for municipalities as well as businesses in Warren County,\u201d Ed Bartholomew, president and CEO of EDC Warren County, said.
\nEDC will hold a workshop in the spring to help explain the guidelines for the applications. He is currently waiting for the state to come out with its changes. Too much application work before than can be wasted if it turns out that regulations are altered.
\nThe applications are due in late July and awards announced in December.
\nBartholomew said an early start is important, because it takes a lot of staff time to assemble the necessary information.
\n\u201cYou can\u2019t just sit down on a day in July and get an application done,\u201d he said.
\nFor businesses, awards are limited to 20 percent of a project, so the company involved has to decide \u201cwhere are we going to get the 80 percent to commit to this plan?\u201d Bartholomew said.
\nHe said the state has done a good job of getting the newest information to the EDC each year. \u201cWe try to get as much new information as we can so we\u2019re not giving incorrect information.\u201d He anticipated that a roundtable meeting will be held in May.
\nThe EDC is also busy of late trying to get more funding for the village of Lake George, which needs a wastewater treatment facility, estimated to cost $22 million. It has received some $5 million from the state, but is in need of more funding. Bartholomew said EDC has been working with state officials to help out the village. He recently made a trip to Albany with Eric Siy, head of the FUND for Lake George, to make the case for the funding.
\nHe explained the village only has 1,000 residents and the cost can\u2019t be shouldered by them. It is important to be funded, because pollution issues eventually effect tourism\u2014a major part of the local economy. Visitors to the lake spend millions over time.
\n\u201cThe lake has such an economic impact in the Adirondacks,\u201d said Bartholomew. \u201cIt\u2019s critical we all band together to get more state funding.\u201d
\nThe state funding would not cover all costs. He expects the county to help, because of the impact of tourism on the economy, and the villlage may have to find funding options to meet the rest of the expenses.
\nA good piece of economic news came when Glens Falls was selected as the site\u2014once again\u2014to host the New York State Public High School Athletic Association basketball championship tournament. They won a three-year contract that begins in 2020. The tournament had been played in the downtown Glens Falls arena from 1981 through 2017. It was moved to Binghamton for 2017-19.
\n\u201cWe had a great run,\u201d said Bartholomew, and he hopes that can continue beyond 2020.
\nAccording to the EDC, the tournament routinely brings in more than 15,000 coaches, athletes and families and fans to the region, and has an estimated $1.5-$2 million impact on the local economy. Between 400 and 500 hotel rooms were booked in the region each year during the three-day event.
\n\u201cFor one weekend, the March madness is in Glens Falls and it will happen again in 2020,\u201d Bartholomew said. \u201cYou\u2019re getting the top teams from each region for a three-day weekend.\u201d
\nHe said area restaurants from downtown Glens Falls to South Glens Falls and through the Queensbury area all do very well during such a weekend. They are assisted by a strong team of volunteers from tourism agencies and the city.
\nImprovements to Cool Insuring Arena also played a role in winning the competitive bid. Some $3 million was invested since the last time the tournament was in Glens Falls. A new marquee, sound system, scoreboard and roof repairs are among the improvements.<\/p>\n","protected":false},"excerpt":{"rendered":"

By R.J. DeLuke EDC Warren County is the key driver of economic development efforts in the Glens Falls area and as such, its staff is always busy. Toward the top of the tasks this time of year is giving businesses and municipalities in the county assistance with application process for the annual Capital Region Economic […]<\/p>\n","protected":false},"author":196,"featured_media":31728,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"yoast_head":"\r\nEDC Warren County Busy Helping Groups Get Ready For State Development Grant Program - Glens Falls Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2019\/03\/edc-warren-county-busy-helping-groups-get-ready-for-state-development-grant-program\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"EDC Warren County Busy Helping Groups Get Ready For State Development Grant Program - Glens Falls Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"By R.J. 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