Key Partners: Several entities provide business development services for the entire Adirondack Coast:
Often the point-of-first-contact for businesses seeking to locate in the Park, the APA’s Economic Services Unit provides businesses with project siting and permitting, regulatory approvals, business planning, and market analysis assistance. Contact Dan Kelleher at 518.891.4050 to learn more about locating on the Adirondack Coast!
The Essex County IDA is a one-stop shop for all business development needs. In addition to providing loans, tax exempt bonds, sales and mortgage tax exemptions, and payment in lieu of taxes agreements (PILOTs), the IDA can help you with business planning, project siting, grant development, and regulatory approvals. Contact the IDA at 518.873.9114.
The North Country Chamber of Commerce has taken the lead on may regional economic development initiatives. The Chamber also assists businesses in grant development, assistance procurement, business services, and relocation assistance. Contact the Chamber at 518.563.1000.
The Essex County IDA provides low cost loans to diverse businesses located in Essex County. Eligible projects include manufacturing, retail, transportation, utility, communications, agriculture, hospitality and professional service ventures.
Small and medium sized businesses on the Adirondack Cost are eligible for up to $150K in below market rate loans through LCLGRPB’s Revolving Loan Fund. Potential uses include land acquisition & improvement, buildings, plant & equipment, and working capital for the start-up of new business or expansion of existing business.
Administered by the Development Authority of the North Country, this loan program is available to firms in the manufacturing, agri-business, clean/green bio-tech, assembly, wholesale distribution, and warehouse industries.
The Regional Revolving Loan Fund provides loans to rural business and community development projects throughout the Adirondack Coast.
This program provides loans to projects that enhance the quality and quantity of lodging in the region and support tourism-related facilities. Projects must attract more visitors or residents to the region.
Founded in 2014 with $1 million from the North Country Regional Economic Development Council, this loan fund seeks to improve productivity and crop yields and
increase the availability of value added agriculture products.
NYBDC offers loans for manufacturing, wholesale, retail and services businesses. Funding ranges from $50,000 - $1,000,000.
AEDC offers diverse loan programs and can issue loans ranging in size from $500 to $50,000.
New York State’s CFA process agglomerated the application process for most New York State Grants reducing submission times for businesses. In order to receive State grant funding, projects must apply through the CFA.