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Cortland County BDC now accepting funding applications

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The Cortland County BDC is proud to announce it has $300,000 available to help support small businesses that have been impacted through the COVID-19 pandemic.

Businesses may be eligible for assistance through three different programs:

-Façade Repair Improvement Program.
This will look to encourage investment by commercial property owners. This program will assist with the cost of items such as lighting, signage, and overall repairs which will help the attractiveness of the commercial corridors in Cortland County. There will also be special consideration to historically significant properties in downtown business districts.

-Small business expansion assistance grant program.
This will provide financial assistance to entrepreneurs and existing small businesses that have been putting off their capital improvements and expansion due to COVID-19.

-Downtown Business Grant Program.
This will help support new businesses in the downtown district. The program is designed to enhance downtown districts as a desirable location while helping to build various business sectors which are important to the community’s economic health.

“Many small businesses have delayed capital investments during the pandemic due to the volatile economy and lingering effects of the pandemic.” -Garry VanGorder who is the BDC executive director.

“These funds are intended to prompt those investments and help our small businesses become more resilient and embrace the challenged that they face.” – He continued

Applications and program guidelines are available on the BDC’s website at www.cortlandbusiness.com

The BDC will accept applications until February 28th with award notifications by mid-March.

*The BDC was awarded the grant dollars through the county’s American Rescue Plan allocation process*

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