Programs Objectives & History
of the 2014 Oneida County Micro-enterprise Grant Program (the "Program") is to
help small existing companies or start up companies provide new jobs
opportunities, keep existing jobs and, ultimately, broaden the tax base of
Oneida County, New York. This Program
will also incorporate a technical assistance and training component with grant
dollars from the NYS Department of Housing and Community Renewal as well as
National Grid to make the applicants' projects a reality. The 2014 Oneida County Microenterprise Grant
Program is designed to support micro-enterprises (at the time of application)
with five or fewer employees, counting the owner(s).
assistance gained through the program will enhance the applicant's chances for
success in their project as well as open up financing opportunities not
normally available through traditional lending channels. Based on an average assistance amount of
$20,000 per micro-enterprise and the creation of a minimum of one (1) permanent
FTE job for persons from low and moderate income (LMI) families, it is
estimated that at least eight (8) LMI jobs will be created as a result of this
will be patterned after the 2009 Oneida County Micro-enterprise Grant Program administered
by Oneida County and Mohawk Valley EDGE.
That program, which was successfully closed out in December of 2011,
resulted in six micro-enterprises creating a total of 15.5 FTE with 12.5 of
those positions being filled by LMI individuals as of the closeout date. Further, six businesses are still in
operation as of February 2014.