April 19, 2024

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CEDA gives new little company grant system | Community News

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CEDA

The once-a-year Cayuga Economic Progress Company Economic Forecast Luncheon was held Jan. 16, 2020 in Auburn.






The Cayuga Economic Growth Agency is launching a new compact organization improvement collection called the Microenterprise System that involves grants for entrepreneurs.

In accordance to a news launch, the program will be supplied to minimal-to-reasonable-income Auburn residents to present them with the facts and sources they want to be productive business entrepreneurs.

Potential business people, existing business people, and tiny enterprises (open two many years or significantly less) that qualify are inspired to implement for the Microenterprise Application. To be suitable, applicants should satisfy the next standards: be a microenterprise with 5 staff members or significantly less (including the applicant as a person of the proprietor/operator(s)), reside in the metropolis of Auburn, and fulfill the very low-to-moderate earnings necessity. Applications are available for obtain at cayugaeda.org/microenterprise.

The application involves 8, hour-lengthy sessions masking company purpose from inception to succession arranging. Instructors will be comprised of CEDA staff, Score Mentors and neighborhood professionals. In addition to the precise education programs, contributors will be questioned to total help perform, this kind of as worksheets, webinars and research.

At the completion of the job, CEDA explained, grants of up to $5,000 will be awarded to the contributors who have accomplished the method, have a powerful and complete enterprise prepare, and have participated in the supplemental mentoring. Corporations trying to find WBE, MBE, VOSB, or DBE certification are hugely encouraged to use.

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