As part of our CARES Act COVID-19 Recovery and Resiliency Planning Grant, a portion of these funds will be used to offer business resiliency classes to small businesses located in Montgomery County.
MVEDD is accepting proposals in response to this Request for Proposal (RFP) in order to find a qualified source to provide these classes.
MVEDD has been awarded $3 million for the EDA CARES Act Recovery Assistance grant to capitalize and administer an Revolving Loan Fund (RLF) to provide low interest loans to coronavirus-impacted small businesses in Montgomery, Fulton, Oneida, Herkimer, Otsego and Schoharie Counties.
Since 1966, forging collaboration and cultivating funding for the
shared interests of Fulton, Herkimer, Montgomery,
Oneida, Otsego and Schoharie Counties
In New York State, The Mohawk Valley Economic Development District, Inc. (MVEDD) is one of nine economic development districts (EDDs) and one of seventeen revolving loan fund grantees of the United States Department of Commerce Economic Development Administration (EDA), serving the counties of Fulton, Herkimer, Montgomery, Oneida, Otsego and Schoharie.
Established in 1966, MVEDD is a private, not-for-profit corporation formed to fulfill the EDA mission in our region, which is “…to create and retain jobs and to help stimulate industrial and commercial growth in distressed rural and urban communities across the nation.”
We accomplish this by serving as a subordinate lender to small businesses in "The District," supporting the EDA funding applications of our region's municipalities seeking infrastructure improvement grants, and serving as a source of regional action on projects that minimize the tax burden and maximize collaboration. On behalf of our MVEDD membership, we invite you to become a member of our non-profit.
Our programs benefit small businesses and agribusiness with loans, clean energy opportunities, and resources to grow their businesses and create jobs in our communities.
We provide resources and technical assistance for cities, towns, and villages within our 6 county district for clean energy opportunities, grant writing assistance, and training.
We also work with individuals in our 6 county area to connect them with resources for more energy efficient upgrades and cost reduction to their properties.