Microenterprise Grant

In December 2018, the Lewis County was awarded additional funding from the New York State Office of Homes and Community Renewal to launch a Microenterprise Grant Program. For the 2018 award, the County will receive $200,000 to provide grants to eligible Microenterprises, emerging, and existing businesses that want to locate in or expand within Lewis County. Grant awards will range from $5,000 to $35,000 and can be used to purchase inventory, machinery, equipment, furniture, fixtures and to meet working capital needs.

Lewis County Microenterprise Grant Project Priorities include, but are not limited to: 

Dairy & Value-added processing
Tourism based businesses
Businesses located in (or looking to relocate in) a downtown

Microenterprise Criteria: 

- Must be a for profit business that has five (5) or fewer employees including the owner(s)

- Owner must meet low-to-moderate income guidelines or will create at least one job to be filled by or made available to a low-to-moderate income individual

- Grants may not exceed 90% of total project cost

- A minimum amount of 10% owner equity contribution to the project required

- Owner must complete the Watertown SBDC Entrepreneurial Training Course upon approval of award, or within the past two years

Eligible Uses of Funds:

- Inventory

- Machinery, furniture, fixtures and equipment

- Operating Capital

- Reimbursement of the Cost of the SBDC Entrepreneurial Training Course

Ineligible Uses of Funds:

- Repayment of Existing Debt

- Construction or building improvements

- Reimbursement of costs incurred prior to grant award

- Political or religious activities

- Lobbying any governmental entity

- Advancement of Funds

- Purchase and/or lease of a motor vehicle without prior consent from OCR

First round of applications are due September 6, 2019. 

Program information links: 

Microenterprise Flyer

Informational Slideshow

2019-2020 Timeline

Program Guidelines

Application

Grant Agreement

Income Guidelines

DUNS Lookup

Lewis County Income

 

 

 

 

For more information, please contact: 

Brittany Davis

brittany@naturallylewis.com

315-376-3014

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