Download an application here.

*We are no longer accepting applications for this fund at this time. Should additional funding become available we will begin to accept applications once more. Please check back for any updates or changes. Thank you.

Program Details:

The Niagara County Microenterprise program provides resources to support and foster the development of microbusinesses by providing grants in conjunction with capacity building and entrepreneurial assistance. Awards to individual businesses will range up to $25,000.

Eligibility:

Applicants must be:

  • A private for-profit business entity; corporation, partnership, or sole proprietorship that is legal, licensed and operating.
  • A New or existing business with five or fewer employees, one or more of which may be the owner of the business at the time of application.
  • Be located or intend to locate their business in towns or villages within Niagara County.

*The Cities of Niagara Falls, Lockport, and North Tonawanda, have additional programs to assist micro-enterprise businesses.

  • Contribute at least 10%, in cash equity, of the cost of the project.
  • Create one (1) full time equivalent (FTE) new job, taken by or made available to persons from low-to-moderate income (LMI) families OR be owned by a person defined as LMI.

Use of Funds:

Grant funds must be used by the recipient for:

  • Inventory
  • Purchase of machinery, equipment, furniture and fixtures
  • Working capital

Grant funds shall not be used to purchase real estate to repay existing debt, or to undertake building façade or interior renovations (construction work).

Additional Training:

Niagara County Center for Economic Development has partnered with the Small Business Development Center to provide free training that will cover various topics such as legal issues, taxes, recordkeeping, accounting, financing, marketing and advertising, and employee issues.

 

CONTACT FOR MORE INFORMATION: 

Andrea Klyczek, Assistant Director

[email protected]

716-278-8761

 

SBDC Partnership:

 

The Niagara Small Business Development Center (SBDC) offers training and instructional programs targeted to the needs and interests of small businesses at every stage of growth from startup to expansion.  The SBDC provides management and technical assistance services including:  business planning, development of marketing strategies, cash-flow projections, and financial analysis.

The SBDC can help Western New York entrepreneurs:

  • Understand the importance of a business plan
  • Discover sources of funding
  • Prepare for e-commerce
  • Identify avenues for exporting goods and services
  • Develop marketing plans
  • Assess an invention’s marketability
  • Comply with licensing and regulation

Click here to learn more about the SBDC.