The Mohawk Valley Economic Development District, Inc. (MVEDD), a private non-profit corporation currently administers an Economic Development Administration (EDA- Federal) Title IX Revolving Loan Fund called the Mohawk Valley Rehabilitation Corporation (MORECO). MORECO administers a Regional Revolving Loan Trust Fund from the Empire State Development Corporation (ESDC- State).
To address and help alleviate the economic barriers faced by many small NYS adgribusiness owners, the JDA agriculture loan fund will promote, develop and advance those businesses. The fund makes loans available to small scale agribusiness firms that are looking to start or expand, but face steep economic challenges.
Call for more info or eligibility requirements 315-866-4671