08.01.06

Schumer Announces Over $137,000 To The Catskill Development Foundation

Federal Funds to be used for Delaware County E-Center to Provide Aid to New and Emerging Small Businesses

U.S. Senator Charles E. Schumer today announced $137,500 to the Catskill Development Foundation by the Appalachian Regional Commission (ARC). The federal funds will be used in operation of the Delaware ECenter, a new business incubator.

This is great news for everyone in Delaware County, Schumer said. This grant for the ECenter will help small businesses in the county grow and flourish, while creating jobs and promoting economic growth in the region. I will continue to fight for programs such as this that will bring new opportunities to New York.

The Delaware ECenter will nurture new and emerging small businesses by providing access to capital and helping tenant businesses with the ecommerce and other business skills necessary to succeed in a competitive environment. The program is expected to lead to the creation of ten new businesses and fifty new jobs within the first three years of operation.

Partners in the development of the ECenter include the Delaware County Chamber of Commerce, the Delaware County Department of Economic Development, the Office of Employment and Training, the Business Resource Center and SUNY Delhi.

ARC is a federalstate partnership that works with the people of Appalachia to create opportunities for selfsustaining economic development and improved quality of life. The ARC awards grants from funds appropriated to the Commission annually by Congress.



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