2017 : Economic Dev.

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For Attracting Capital to Adirondack Ventures Difficult

Attracting Capital to Adirondack Ventures Difficult

New businesses or businesses seeking to expand within the Park continue to find it difficult to attract financing from either banks or investment firms.

Influenced Scenarios

Likelihood

Evidence

ANCA Starts Up Service to Help Boomers Sell Businesses

The Park has lots of small businesses run by boomer age people, soon to retire. The service will help boomers fine buyers or otherwise transfer the business so it keeps operating.

Read the news story here.

Town of Tupper Lake Awarded $200,000 REDC Grant for Microenterprise Program

The Tupper Lake Microenterprise Program will be established using the $200,000 grant.

More information can be found on page 84 of the 2015 Grant Booklet. 

$200k in Micro Enterprise Grants for Essex County

The grants are for small businesses in southern Essex County

Read the news story here.

Micro Enterprise Grant Program Working

The 5 towns impacted by the Finch land acquisition are seeing new money in a organized micro enterprise grant program.

Read the news story here.

For Attracting Capital to Adirondack Ventures Difficult

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Broadband Operational in Most of the Park

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