March 15, 2023
BELMONT – From Allegany County Officials: Allegany County has been awarded a grant for $1M through the NYS Office of Community Renewal. This funding is a new grant program to assist small businesses negatively impacted by the COVID-19 pandemic. This new small business support fund will be administered by the Allegany County Industrial Development Agency (ACIDA) and will provide grants up to $75,000 to local small businesses recovering from the COVID-19 pandemic. The grants are for Allegany County small businesses with 25 or fewer employees and can be used for a variety of purposes to help small businesses mitigate the negative impacts of the pandemic on their business operations.
The ACIDA Board has approved 10 awardees and still reviewing a couple more. Awardees will be announced when applicants agree to the grant award. There is a need for additional applications, and the new deadline is April 14, 2023
