President Trump has now signed the COVID-19 relief package that was approved by Congress last week. An overview of important points for the local business community is provided.
Virtual B2B Networking Event (Replay)
On December 3, 2020, business professionals from across Chautauqua County, New York, met to discuss talent-attraction marketing and company culture. The event started with opening comments made by County Executive PJ Wendel and Deputy County Executive for Economic Development and Chief Executive Officer of the County of Chautauqua Industrial Development Agency (CCIDA) Mark Geise. This replay […]
Hanover PV, LLC PILOT Approved by CCIDA
At its meeting today, the County of Chautauqua Industrial Development Agency (CCIDA) Board of Directors approved financial assistance to Hanover PV, LLC, including Payment in Lieu of Tax (PILOT) agreement providing real property tax abatement, sales tax abatement, and mortgage recording tax abatement for a new community solar farm planned there.
CCIDA AWARDS $5.7 MILLION IN FEDERAL EDA FUNDING IN FIRST ROUND OF FUNDING
The CCIDA Board approved funding for 28 businesses and non-profit entities in the following sectors: manufacturing/warehousing; not-for-profits; retail/commercial/agriculture; small business; and tourism/hospitality. All said, $5,736,293 in funding was approved by the Board of Directors after a thorough review by the Loan Committee, which will, in addition to retaining hundreds of jobs, create upwards of 100 new jobs.
OUTDOOR ARTS, ENTERTAINMENT, AND AGRITOURISM DURING THE COVID-19 PANDEMIC
All businesses, including low-risk outdoor arts and entertainment, agritourism, farmers markets, and craft beverage producers must comply with industry-specific guidelines to reopen and to remain open during the COVID-19 Public Health Emergency. The State’s guidance, available at https://forward.ny.gov.
CCIDA AWARDED $10.5 MILLION IN FEDERAL FUNDING TO ESTABLISH NEW LOW-INTEREST REVOLVING LOAN FUND
The U.S. Economic Development Administration (EDA) officially announced on September 9th that the County of Chautauqua Industrial Development Agency (CCIDA) has been selected as the recipient of a $10.5 million grant through the CARES Act, which will enable the agency to establish a new Revolving Loan Fund (RLF). The RLF will provide capital in the form of low-interest loans to both businesses and non-profit organizations as a means to respond to economic injury resulting from the COVID-19 pandemic.
COUNTY’S ECONOMIC DEVELOPMENT STRATEGY UNVEILED
The Chautauqua County Partnership for Economic Growth (CCPEG) recently completed a year-long process to develop a comprehensive County-wide Economic Development Strategic Plan. The plan was presented to the public on Wednesday via video conference.
County and CCIDA Collaborate on Recruitment/Visitors Brochure
The Chautauqua County Division of Economic Development and the CCIDA jointly financed the development and production of this marketing tool, which tells the story of the County’s world class attractions and four-season entertainment.
Increase in Area’s Lodging Occupancy Bodes Well for Tourism Growth
FOR IMMEDIATE RELEASE Contact: George Borrello, (716) 753-4211 September 21, 2018 INCREASE IN AREA’S LODGING OCCUPANCY BODES WELL FOR TOURISM GROWTH STR Survey Shows Lodging Occupancy and Revenues are up for Hotels in Chautauqua County Pictured above, the lobby of the new National Comedy Center in Jamestown, […]
