(Hamilton, NY – Dec. 2012) The Partnership for Community Development, Hamilton’s nonprofit economic development agency, has awarded $35,000 through its Micro-Assistance Grant program to 12 Hamilton businesses. The grants are awarded through a competitive process and are intended to encourage small businesses to undertake new and innovative projects. Funds for the program were provided by the Madison County Capital Resource Corporation, a nonprofit development corporation operated by the Madison County Industrial Development Agency.
Grants were provided to fund a wide variety of projects, including marketing, capital improvements, training, new equipment, and technology. Grants ranged from $1,000 to $4,500 and were awarded to Alice Virden-Speer Photography, Black Cat Antiques, Good Nature Brewing, Hamilton Eatery, Hamilton Whole Foods, Helping Hands Muscular Therapy, Holcomb’s Bed and Breakfast, La Iguana, Mezza Luna Wellness Center, Sommers’ Harvest Farm, Swank, and The Imaginary Farmer.
“The goal of the Micro-Assistance Grant program is to provide seed funds that will enable our small businesses to grow and succeed,” explained PCD Managing Director Shannon Mantaro. “Through a competitive evaluation process by the grant review committee and the PCD Board of Directors, these 12 businesses’ projects were identified has having a strong return on investment with a high potential for increasing sales, customers, and overall business activity.”
“Once all 12 projects are complete we hope the resulting success will continue to enhance the economic vibrancy of Hamilton,” said PDC Board President Carl Albrecht. “One of the most important components of the PCD’s mission, and the mission of our new Small Business Resource Center, is to provide the tools and resources our business community requires so they can expand and thrive. The Micro-Assistance Grant program is a key tool to that end.”
“Thank you so much to the Partnership for Community Development,” said Alice Virden-Speer, whose photography business received a $2,360 grant to purchase branded marketing materials and carry out improvements to the interior of the studio. “It is a great feeling to know that the local community supports the ideas of small business owners.”
“Sommers Harvest Farm is grateful for the Mico-Assistance Grant,” said business owner Amy Sommers. Sommers’ Harvest Farm was one of two agricultural businesses to receive a grant, and will use their $1,200 grant to build a trellis growing system at the farm. “Receiving the grant not only assists us in achieving financial stability, but also motivates us. Building a small business is one of the greatest challenges we have encountered and knowing that we have community support reinvigorates us.”