The Center For Economic Growth (CEG) is here to help you navigate the myriad of business incentives which can be overwhelming and often times confusing. CEG works with its investors & partner organizations listed below to help connect & curate the best funding opportunities to meet your business needs.  Contact Us

 


MANUFACTURING GRANTS 

Workforce Development Institute (WDI)-Through a unique grants program, WDI makes investments that lead to workforce development and economic growth. What’s funded Pre-employment training, incumbent worker training, business processes (LEAN training, Export training, purchase of/training on equipment, purchase of/training on software.  

National Grid’s Manufacturing Productivity Program (MPP)- Provides matching funds for efforts aimed at productivity improvements and growth. Eligible lean manufacturing or manufacturing assistance projects that result in eliminating waste and increasing productivity on the shop floor or in the office environment can receive a 40% reimbursement of the costs up to $15,000. Eligible activities targeting growth that result in greater utilization of plant capacity including sales, marketing, and Innovation Engineering can receive 50% reimbursement of costs up to $15,000. Activities that combine both productivity improvements and growth can receive 60% reimbursement of project costs up to $40,000.      

NYSEG Manufacturing Accelerator Program (MAP)- NYSEG and RG&E will provide matching grants up to the lesser of $15,000 or 40% of the costs incurred by eligible applicants whose top management commits the time and resources to productivity improvement projects such as Lean manufacturing, Lean office procedures, waste reduction, ISO quality programs and other projects that lower costs, improve quality and reduce lead times. In addition, the MAP will provide matching grants up to the lesser of $15,000 or 50% to fund growth-targeted activities such as new product development, export initiatives, sales and marketing system improvements, and other projects designed to increase revenue. Applicants who choose to commit time and resources to both productivity and growth initiatives will be eligible for grants of up to $40,000 or 60% (whichever is less) of the costs incurred to implement such transformative programs. 

Fuzehub Jeff Lawrence Innovation Fund- The Jeff Lawrence Innovation Fund supports a set of activities designed to spur technology development and commercialization across New York State, including Manufacturing Grants, a commercialization competition, and other activities to accelerate small to medium size manufacturing and technology companies.         

 

ECONOMIC DEVELOPMENT GRANTS

Empire State Development   
Shovel Ready  
Green County IDA 
Rensselaer County IDA  
Saratoga County IDA
Schenectady Metroplex Development Authority 

 

SMALL BUSINESS LOANS 

Adirondack Trust Company
Axiom Capital Corp 
Ballston Spa National Bank
Bank of America 
Berkshire Bank
CAP COM Federal Credit Union
Capital Bank, a division of Chemung Canal Trust Company
Citizens Bank
Community Bank, N.A. (Formerly National Union Bank of Kinderhook)
Community Loan Fund of the Capital Region
Glens Falls National Bank and Trust Co
KeyBank
M&T Bank Corporation
NBT Bank
Pioneer Bank 
Pursuit (Formerly Excelsior Growth Fund) 
Saratoga National Bank and Trust
SEFCU
Small Business Development Center
SUNMARK Federal Credit Union
TD Bank
Wells Fargo
U.S. Small Business Administration

Funding Partners