{"id":33033,"date":"2020-03-13T10:51:06","date_gmt":"2020-03-13T14:51:06","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=33033"},"modified":"2020-03-16T10:52:38","modified_gmt":"2020-03-16T14:52:38","slug":"small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/","title":{"rendered":"Small Businesses And Entrepreneurs Can Win Grants From Glens Falls Development Corp."},"content":{"rendered":"<figure id=\"attachment_33034\" aria-describedby=\"caption-attachment-33034\" style=\"width: 197px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-33034\" src=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2020\/03\/bartholomew-c-197x300.jpg\" alt=\"\" width=\"197\" height=\"300\" srcset=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2020\/03\/bartholomew-c-197x300.jpg 197w, https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2020\/03\/bartholomew-c.jpg 437w\" sizes=\"(max-width: 197px) 100vw, 197px\" \/><figcaption id=\"caption-attachment-33034\" class=\"wp-caption-text\">Ed Bartholomew, president and CEO, EDC Warren County.<br \/>Courtesy EDC Warren County<\/figcaption><\/figure>\n<p>By Rachel Phillips<br \/>\nSmall business owners and hopeful entrepreneurs located in Glens Falls have the opportunity to win up to $40,000 to help fund their businesses.<br \/>\nThe Retail and Small Business Development Competition will award a total of $280,000 in funding to the winners.<br \/>\nCurrent or aspiring business owners located within the Glens Falls Downtown Revitalization Initiative (DRI) area have a chance to build or expand their businesses as part of the effort to encourage economic growth in the city.<br \/>\nThe Greater Glens Falls Local Development Corporation (LDC) is heading the competition, and will be responsible for picking the winners out of the pool of applicants. The competition, based on other similar types of competitions that have seen success around the country, was the idea of city officials, including Mayor Daniel Hall.<!--more--><br \/>\nIn 2017, Glens Falls was the first city in the Capital Region to win the $10 million award granted to one city in each of the 10 DRI areas across New York. Along with the SUNY Adirondack Culinary School and the new marketplace being built on South Street, this competition is one of many projects being funded through the DRI grant program.<br \/>\nAccording to Glens Falls Economic Community Development Director Ed Bartholomew, the competition is part of a greater effort to spur economic development in the area and help fill in existing storefronts in Glens Falls.<br \/>\n\u201cIt will bring out some innovative ideas from individuals who are thinking outside the box a little,\u201d said Bartholomew. \u201cWe\u2019re looking for a startup in retail or business, or a business currently in Glens Falls that is looking for some expansion. We are not going to encourage a business in a neighboring community to move out of their current location. That\u2019s not economic development.\u201d<br \/>\nThe competition is divided into a retail category and a category for small business. It is open to either startups or existing businesses hoping to expand. Applicants are allowed to apply to one of the two divisions.<br \/>\nThe terms of the competition classify a small business as one currently in operation within the DRI area with three or less employees; a new business looking to start up within the DRI with one or more employees; or a small business with five or less employees looking to relocate into the city.<br \/>\nHowever, Bartholomew emphasized that any business located outside the DRI area would be able to apply only under extenuating circumstances. Eligible retail recipients include but are not limited to general merchandise vendors, specialty food stores and grocers, bookstores, boutiques and more.<br \/>\nRestaurants and taverns, as well as religious groups, single-family dwellings, and government entities are not eligible to apply.<br \/>\nBusinesses may designate how much money they want, up to $40,000, and will receive funds as a declining balance loan. Over the five-year loan period, the principal cost, as well as all interest will be forgiven, as long as the participant continues to adhere to the terms of the competition. Additionally, applicants will have to put down a deposit equaling 25 percent of their grant reward.<br \/>\nIn order to qualify, applicants must either be located in the DRI area, or have plans to open a business within it. Award funds may be used for equipment purchases, payroll, fixtures, marketing, lease payments, and more. However, paying fines or outstanding loans, costs of litigation or currant or back user fees are not eligible uses of award funds.<br \/>\nThe deadline for applicants is April 3. Applications can be sent to &#x65;&#98;a&#x72;&#x74;&#104;o&#x6c;&#111;m&#x65;&#x77;&#64;e&#x64;&#99;w&#x63;&#x2e;&#111;r&#x67;.<br \/>\nFor more information on the competition, call 518-761-6007.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Rachel Phillips Small business owners and hopeful entrepreneurs located in Glens Falls have the opportunity to win up to $40,000 to help fund their businesses. The Retail and Small Business Development Competition will award a total of $280,000 in funding to the winners. Current or aspiring business owners located within the Glens Falls Downtown [&hellip;]<\/p>\n","protected":false},"author":196,"featured_media":33034,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Small Businesses And Entrepreneurs Can Win Grants From Glens Falls Development Corp. - 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\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Small Businesses And Entrepreneurs Can Win Grants From Glens Falls Development Corp. - Glens Falls Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"By Rachel Phillips Small business owners and hopeful entrepreneurs located in Glens Falls have the opportunity to win up to $40,000 to help fund their businesses. The Retail and Small Business Development Competition will award a total of $280,000 in funding to the winners. Current or aspiring business owners located within the Glens Falls Downtown [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Glens Falls Business Journal\" \/>\r\n<meta property=\"article:published_time\" content=\"2020-03-13T14:51:06+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2020-03-16T14:52:38+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2020\/03\/bartholomew-c.jpg\" \/>\r\n\t<meta property=\"og:image:width\" content=\"437\" \/>\r\n\t<meta property=\"og:image:height\" content=\"666\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\r\n<meta name=\"author\" content=\"jessewinters\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"jessewinters\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/\",\"url\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/\",\"name\":\"Small Businesses And Entrepreneurs Can Win Grants From Glens Falls Development Corp. - Glens Falls Business Journal\",\"isPartOf\":{\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#website\"},\"datePublished\":\"2020-03-13T14:51:06+00:00\",\"dateModified\":\"2020-03-16T14:52:38+00:00\",\"author\":{\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/b937a48daf87d7a8bd713a73b5d6a1ae\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Small Businesses And Entrepreneurs Can Win Grants From Glens Falls Development Corp.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#website\",\"url\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/\",\"name\":\"Glens Falls Business Journal\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/b937a48daf87d7a8bd713a73b5d6a1ae\",\"name\":\"jessewinters\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b496e0843f9d888b12500994b6a8562b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b496e0843f9d888b12500994b6a8562b?s=96&d=mm&r=g\",\"caption\":\"jessewinters\"},\"url\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/author\/jessewinters\/\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Small Businesses And Entrepreneurs Can Win Grants From Glens Falls Development Corp. - Glens Falls Business Journal","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/","og_locale":"en_US","og_type":"article","og_title":"Small Businesses And Entrepreneurs Can Win Grants From Glens Falls Development Corp. - Glens Falls Business Journal","og_description":"By Rachel Phillips Small business owners and hopeful entrepreneurs located in Glens Falls have the opportunity to win up to $40,000 to help fund their businesses. The Retail and Small Business Development Competition will award a total of $280,000 in funding to the winners. Current or aspiring business owners located within the Glens Falls Downtown [&hellip;]","og_url":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/","og_site_name":"Glens Falls Business Journal","article_published_time":"2020-03-13T14:51:06+00:00","article_modified_time":"2020-03-16T14:52:38+00:00","og_image":[{"width":437,"height":666,"url":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2020\/03\/bartholomew-c.jpg","type":"image\/jpeg"}],"author":"jessewinters","twitter_card":"summary_large_image","twitter_misc":{"Written by":"jessewinters","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/","url":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/","name":"Small Businesses And Entrepreneurs Can Win Grants From Glens Falls Development Corp. - Glens Falls Business Journal","isPartOf":{"@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#website"},"datePublished":"2020-03-13T14:51:06+00:00","dateModified":"2020-03-16T14:52:38+00:00","author":{"@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/b937a48daf87d7a8bd713a73b5d6a1ae"},"breadcrumb":{"@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/03\/small-businesses-and-entrepreneurs-can-win-grants-from-glens-falls-development-corp\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/"},{"@type":"ListItem","position":2,"name":"Small Businesses And Entrepreneurs Can Win Grants From Glens Falls Development Corp."}]},{"@type":"WebSite","@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#website","url":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/","name":"Glens Falls Business Journal","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/b937a48daf87d7a8bd713a73b5d6a1ae","name":"jessewinters","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b496e0843f9d888b12500994b6a8562b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b496e0843f9d888b12500994b6a8562b?s=96&d=mm&r=g","caption":"jessewinters"},"url":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/author\/jessewinters\/"}]}},"_links":{"self":[{"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/posts\/33033"}],"collection":[{"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/users\/196"}],"replies":[{"embeddable":true,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/comments?post=33033"}],"version-history":[{"count":1,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/posts\/33033\/revisions"}],"predecessor-version":[{"id":33035,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/posts\/33033\/revisions\/33035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/media\/33034"}],"wp:attachment":[{"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/media?parent=33033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/categories?post=33033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/tags?post=33033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}