Mohawk Valley EDGE Revolving Loan Funds

Funder: Mohawk Valley EDGE (various sources including federal, state, and county funding)

Administrator: Mohawk Valley EDGE

Geographic Scope: Mohawk Valley region, Oneida County, New York

Overview:
Mohawk Valley EDGE oversees and administers several revolving loan funds used for economic development. These funds are continuously available to support business and community investment projects.

What Funding Supports:

• Business investment projects
• Community investment projects
• Job creation initiatives
• Job retention efforts
• Tax base enhancement
• Regional economic value-added projects

Loan Fund Sources:

• Federal funding
• State funding
• County funding
• Repayments from previous loans that cycle into new loans

Contact:

• Tim Fitzgerald, Vice President Economic Development
• Email: tfitzgerald@mvedge.org
• Phone: (315) 338-0393
• Address: 584 Phoenix Drive, Rome, NY 13441

Discrimination Statement: Mohawk Valley EDGE does not discriminate on the basis of race, color, national origin, sex, age, or disability in its program or activities.

Application Process

• Contact Tim Fitzgerald, Vice President Economic Development at tfitzgerald@mvedge.org or (315) 338-0393
• Contact EDGE for a consultation about your project
• Discuss loan amount and project details
• Provide business plan and project information
• EDGE will evaluate eligibility and project impact on job creation, job retention, and tax base enhancement
• Loan terms will be negotiated based on project specifics