|
|
|
The Times
  • MVREDC liaison committee conducts informational meeting

  • The members of the Herkimer County Liaison Committee conducted an informational meeting Wednesday night at Herkimer County Community College.

    The committee was recently formed by the Mohawk Valley Regional Economic Development Council to assist in the council’s regional planning and consolidated funding application process.

    • email print
  • The members of the Herkimer County Liaison Committee conducted an informational meeting Wednesday night at Herkimer County Community College.
    The committee was recently formed by the Mohawk Valley Regional Economic Development Council to assist in the council’s regional planning and consolidated funding application process.
    The Mohawk Valley last year was awarded $60.2 million in state resources to support 59 projects across the region. Owners of nonprofit organizations, private businesses and municipalities have been encouraged to apply for project funding through the council.
    The purpose of Wednesday night’s meeting was to explain the consolidated funding application process to those interested in applying for funding for a specific project. Herkimer County Industrial Development Agency Executive Director Mark Feane reviewed the MVREDC priority project survey and said the maximum amount of public funding available for a priority project is $2.5 million.
    Empire State Development Regional Director Kenneth Tompkins was also in attendance to answer questions. A few small business owners at the meeting brought up the issue of immediate need.
    “It’s tough to be a small business. The wait for funding can be very frustrating, but there are other programs specifically for small businesses that are available,” said Tompkins in response.
    In order to be considered to receive funding the applicant’s proposed project must pertain to the five strategies of the MVREDC strategic plan — enhance regional concentrations, align the region’s workforce and educational systems, enhance the region’s innovation enabling infrastructure, increase the region’s spatial efficiency and strengthen government and civic effectiveness.
    Mohawk Valley EDGE Marketing and Communications Associate Jennifer Waters said every project needs a separate survey. “Once the project survey is submitted it is then looked at by the MVREDC for concepts that align best with the MVREDC strategies,” she said, adding the consolidated funding application is submitted separately to the state, who chooses the projects that will receive funding.
    The due date for priority project surveys is June 8. Consolidated funding applications are due on July 16 at 4 p.m. The priority project funding will be awarded in the fall.
    For further information, visit www.nyworks.ny.gov.
      • calendar