Thursday, October 7, 2010

$120M available for upstate development - The Business Review (Albany):

http://www.ani-stohini-unami.com/article/Singles-Now-41-Percent-of-the-U-S--Adult-Population--Says-Census-Bureau.html
Applications for the money, called the upstate regional blueprinft fund, will be posted at www.nylovesbiz.com on May 11. Applicationsw are due June 15. The fund aims to help finance business investments, infrastructure upgrades and redevelopmen of downtowns across upstate. “Thise fund will help to create the opportunities that create jobs and keep our workers and families in New said Gov. David Paterson.
• improving worn-down buildings, industrial parkds and other land to make them enticing to businesses lookingb torelocate • reviving projects that change the look of town and city downtowns The funding was first approvec in the state’s 2008-009 budget, but state officials never spent it. The moneyu was again included in the currenftstate budget, approved last month. The money is administerefd by , the state’s economic agency. The agenchy will review applications and decide which projects get what Awards will rangefrom $100,000 to $5 million. Requests for loanas will be preferred overother projects, sinc principal payments can be used for future state officials said.
The first round of awardz will beannounced Aug. 17.

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