EDGE Promotes Oneida County CFA Info Session 

On Thursday, June 15th, Mohawk Valley EDGE co-sponsored a virtual informational session on CFA funding opportunities with the Mohawk Valley Regional Economic Development Council. Through the program, attendees learned how their business and networks could benefit. This event is a part of a larger series, created to encourage businesses to explore funding opportunities and initiatives. The webinar offered a chance for our business community to check in on CFAs, answering questions on every step of the process with knowledgeable sources. 

What’s a CFA?

As a part of New York State’s efforts to improve the business climate and expand economic growth, the NYS Consolidated Funding Application (CFA) was created. The CFA is designed to give project applicants expedited and streamlined access to a combined pool of grant funds and tax credits from dozens of existing programs.  These CFAs support the Regional Economic Development Council initiatives (REDC). 

Below, you will find relevant materials on getting started with REDC and CFA resources:

• 2023 CFA Application Manual
• Available CFA Resources
• CFA Program Application Questions 

What if I missed the event?

More informational sessions will take place.
Attached, you may find some virtual and in-person offerings hosted by MVREDC and other partner organizations.

2023 REDC Agency Program Webinars
Hosted by the New York State Regional Economic Development Agency, an array of previously recorded webinars and state-based resources.
MORE INFO 

MACNY’s Consolidated Funding Application (CFA) State Funding Workshop
Presented by Dan Kolinski, Acting Regional Director, NYS Empire State Development
Wednesday, July 12, 9 AM – 10 AM
Hybrid- In Person & Virtual Attendance Options Available!
SAVE YOUR SEAT

Can EDGE assist with CFA funding opportunities?

Our staff has direct access and in-depth understanding of financial incentives and loans. We work closely with the state of New York, MVREDC, and other resources to package materials targeted to your business needs. To learn more about how we can assist you, please contact us! 

CONTACT: Tim Fitzgerald, Vice President Economic Development | 315-338-0393 or tfitzgerald@mvedge.org

MV EDGE FEATURED ON ECONOMIC & COMMUNITY DEVELOPMENT PODCAST

A new Develop This! podcast episode was released this week, featuring EDGE’s Vice President Business Development Nicholas Bruno. “Making Semiconductor Chips in Upstate New York” explores everything from Micron to Marcy, encompassing ongoing business investments to can’t miss foodie staples like chicken riggies and Utica Club. 

LISTEN NOW!

More information on the Marcy Nanocenter: https://marcynanocenter.com/

Check out Town of Colonie Economic Development: https://www.colonie.org/departments/pedd/

Other Develop This! Episodes: Available on Apple Podcasts or https://developthis.libsyn.com/

MV EDGE Brownfields Cleanup Revolving Loan Fund

Own a property that is need of clean up? We’re here to assist in your brownfield remediation efforts.

Mohawk Valley EDGE has a Brownfields Cleanup Revolving Loan Fund (RLF) program that offers fixed rate loans to assist with the cleanup costs at brownfield sites in Oneida and Herkimer Counties. Each loan is customized to provide the greatest flexibility to the borrower, and you will work directly with EDGE staff to navigate the ongoing process.

Revolving Loan Fund (RLF) At a Glance

• The loan fund is capitalized with funding from the United States Environmental Protection Agency (EPA).
• The goal of the RLF program is to fund the cleanup of brownfield properties.
• Why is this RLF program in place? In order to promote reinvestment and to retain or create new jobs.
• Loans supplement other sources of funding committed to the project and are structured to encourage borrowers to put properties back into productive economic use. We encourage all interested parties to contact us for more information!

RLF Project Document Repository – Chips Service Station

RLF Project Document Repository – Newport School

Additional Guidance

Please note that any prospective site should have at minimum a completed, current Phase 1 and Phase 2 environmental site assessment consistent with American Society for Testing and Materials (ASTM) standards.  Attached is a program guidebook to help answer some of your basic questions. If you are interested in pursuing a grant or low-interest loan to remediate a brownfield property that meets this criteria, you will need to fill out a prequalification form. Again, only municipalities and non-profit corporations are eligible for grants.

Brownfields RLF- Guidance PDF

Pre-Qualification Form

Below is a prequalification form for Mohawk Valley EDGE’s Brownfields Cleanup Revolving Loan Fund (RLF). Please note this form is not an application. It is a screening tool used by staff to prequalify potential projects for grants or low-interest loans.

PRE-QUALIFICATION FORM

For optimized viewing, download this file to Adobe Acrobat

EDGE is available to assist potential applicants. Questions? Contact cmercurio@mvedge.org or lcohen@mvedge.org!

Please Note: Title VI of the Civil Rights Act of 1964

Title VI of the Civil Rights Acts of 1964 provides that no person in the United States shall, on the grounds of race, color, or national origin, be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any program or activity receiving Federal financial assistance. The Act goes on to explain that the statute shall not be construed to authorize action with respect to any employment practice of any employer, employment agency, or labor organization (except where the primary objective of the Federal financial assistance is to provide employment). Section 13 of the 1972 Amendments to the Federal Water Pollution Control Act provides that no person in the United States shall on the ground of sex, be excluded from participation in, be denied the benefits of, or be subjected to discrimination under the Federal Water Pollution Control Act, as amended. Employment discrimination on the basis of sex is prohibited in all such programs or activities. Section 504 of the Rehabilitation Act of 1973 provides that no otherwise qualified individual with a disability in the United States shall solely by reason of disability be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any program or activity receiving Federal financial assistance. Employment discrimination on the basis of disability is prohibited in all such programs or activities. The Age Discrimination Act of 1975 provides that no person on the basis of age shall be excluded from participation under any program or activity receiving Federal financial assistance. Employment discrimination is not covered. Age discrimination in employment is prohibited by the Age Discrimination in Employment Act administered by the Equal Employment Opportunity Commission. Title IX of the Education Amendments of 1972 provides that no person in the United States on the basis of sex shall be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any education program or activity receiving Federal financial assistance. Employment discrimination on the basis of sex is prohibited in all such education programs or activities. Note: an education program or activity is not limited to only those conducted by a formal institution. 40 C.F.R. Part 5 implements Title IX of the Education Amendments of 1972. 40 C.F.R. Part 7 implements Title VI of the Civil Rights Act of 1964, Section 13 of the 1972 Amendments to the Federal Water Pollution Control Act, and Section 504 of The Rehabilitation Act of 1973.

MV EDGE’s designated civil rights coordinator is the chief administrative officer (CAO).

ANDRO & MV EDGE Receive FuzeHub Grant; Plan to Test “2ndNet”

ROME — The team of ANDRO Computational Solutions, LLC―a scientific research and development company, in collaboration with the Mohawk Valley EDGE―a nonprofit economic development organization, was recently awarded a $50,000 prize under FuzeHub’s Manufacturing Grants Program and its Jeff Lawrence Innovation Fund. The grant will be used to conduct a pilot of “2ndNet”―a wireless rapid alert and intelligent emergency management system for mitigating active threats in schools and public spaces.

FuzeHub, a not-for-profit organization headquartered in Albany, annually sponsors multiple grant opportunities providing resources for startup, small, and mid-size manufacturers and technology companies in New York State. Their funding programs and resources are targeted at the manufacturing and technology sectors to accelerate manufacturing competitiveness and technology commercialization. FuzeHub’s funding partners include Empire State Development’s Division of Science, Technology and Innovation.

The Jeff Lawrence Innovation Fund provides over $1 million in annual allocations of direct assistance for manufacturing, research and development, technology and entrepreneurial endeavors that support activities designed to spur technology development and commercialization across the state. A total of 10 business teams were awarded $50,000 grants during a recent first round conducted earlier this year. Each collaborative team consists of a small-to-medium industry manufacturer, not-for-profit partner, and may include participation by other startups and medium-sized companies.

Dr. Andrew Drozd, president of ANDRO stated, “The grant represents a strategic lead investment by New York State in small business technology developed here in the Mohawk Valley, derived from Federal/Defense Department research; this investment opens the door to private investor matching to bring the prototype to full manufacturing and commercialization readiness.”

Continue reading “FuzeHub Awards Grant to ANDRO and MV EDGE Team” →

NEWS RELEASE
584 Phoenix Drive
Rome, New York 13441
Phone 315-338-0393

For immediate release: Tuesday, January 10th 2023

MOHAWK VALLEY EDGE ANNOUNCES NEW BOARD APPOINTMENTS

Rome, NY– Mohawk Valley EDGE has announced at their 2022 Annual Board Meeting the appointment of Justin Hummel to serve as Chair of the Board of Directors, and elected three new Directors to the board. These appointments will support the organization’s goals to strengthen and grow the Mohawk Valley’s economy.

Hummel was first elected as a Director to the EDGE board in 2016. Hummel’s expertise and direct experience in leading a successful and growing small family-owned business are prime qualifications for his role as Board Chairman. Continue reading “MOHAWK VALLEY EDGE ANNOUNCES NEW BOARD APPOINTMENTS” →