CACDA
 

waterway
Small Business Grants

Do you have a start-up business idea?
Are you a small business interested in expanding?
Register today to apply for a grant to turn your business idea a reality!

What Assistance is Available?

  • CACDA will provide grants between $10,000 and $35,000
  • Grants can be used to fund machinery, equipment, furnishings, fixtures, inventory, operating costs and other working capital expenses
  • Grants MAY NOT be used for construction, renovations, leasehold improvements, or demolition
  • A ten percent (10%) equity contribution by the business is required

Who Can Apply?

  • The business must have five or fewer employees, one or more of whom own the business. 
  • The business can be a sole proprietorship, partnership, corporation, limited liability company or other legal form of business
  • Nonprofit organizations are NOT eligible to participate
  • Participation by start-up businesses is encouraged
  • The business must either be owned by a low-or-moderate income person OR must, as a result of the grant, create one or more full-time equivalent job that is made available to low-or-moderate income persons

Other Program Requirements

  • The business activity to be assisted must be located in the Towns of Cazenovia, Nelson, Fenner, Georgetown, or DeRuyter
  • Before receiving a grant, the business owner must complete an entrepreneurship training course offered by the Small Business Development Center

Process

  1. Complete the form below to be assigned to a Small Business Development Center advisor
  2. Meet with advisor (free of charge) at Caz CoWorks to develop or review business plan and project budget.  All meetings are confidential.
  3. Submit grant application, including business plan (including appropriate financial information, historical statements, if available, and financial projections for the business) developed with input from SBDC advisor

Deadline to apply is January 5th, 2022.

 

 

Cazenovia Area Community Development Association (CACDA)
1 Liberty Street   •   Cazenovia, NY 13035
Executive Director: Lauren Lines
EMAIL   lines@cacda.net
(315)655-7651  •   FAX (315)655-7129

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