Capital Region Economic Development Council to Hold Consolidated Funding Application Workshops Across Region
The Capital Region Economic Development Council (CREDC) will hold three Consolidated Funding Application (CFA) workshops for potential applicants to learn more about the third round of Governor Andrew M. Cuomo’s initiative to stimulate job creation and economic growth through the Regional Economic Development Councils. The workshops will be held July 10 in Albany, July 15 in Hudson and July 19 in Queensbury. In 2013, up to $760 million in economic development resources will be available to applicants through the CFA.
Please register by visiting http://regionalcouncils.ny.gov/content/capital-region or by calling (518) 270-1130.
The CFA application period opened to applicants across the eight-county Capital Region, which includes Albany, Columbia, Greene, Rensselaer, Saratoga, Schenectady, Warren, and Washington counties on June 17. The deadline for CFA submissions is 4 p.m. on August 12. After submission, CFAs will be reviewed by the CREDC based on their alignment with the Council’s strategic plan as well as on a technical basis by the State Agency Resource Team.
The schedule for Capital Region CFA Workshops includes:
Wednesday, July 10 in Albany
1 p.m. – 3:30 p.m.
Empire State Plaza
Albany, New York 12210
Monday, July 15 in Hudson
9:30 a.m. – 12 p.m.
Columbia-Greene Community College
4400 Route 23
Hudson, New York 12534
Friday, July 19 in Queensbury
9:30 a.m. – 12 p.m.
640 Bay Road
Queensbury, New York 12804
The workshops will include an overview of the application and CFA process followed by informational breakout sessions on specific areas of funding available for economic development projects.
About the Consolidated Funding Application
As part of Governor Cuomo’s efforts to improve the State’s economic development model, a NYS Consolidated Funding Application (CFA) was created to streamline and expedite the grant application process. The CFA process marks a fundamental shift in the way State resources are allocated, ensuring less bureaucracy and greater efficiency to fulfill local economic development needs. The CFA serves as the single entry point for access to economic development funding, ensuring applicants no longer have to slowly navigate multiple agencies and sources without any mechanism for coordination. Now, economic development projects use the CFA as a support mechanism to access multiple state funding sources through one application, making the process quicker, easier and more productive. The CFA was recognized with a Special Award for Excellence in Business and Economic Development in 2012.
There are 29 programs available through 13 state agencies in 2013, including Empire State Development; NYS Canal Corporation; NYS Energy Research and Development Authority; Environmental Facilities Corporation; Homes and Community Renewal; Department of Labor; Office of Parks, Recreation and Historic Preservation; Department of State, Office of National and Community Service; Office of Temporary and Disability Assistance; Higher Education Services Corporation; Department of Environmental Conservation; and Council on the Arts.
The 2013 Available CFA Resources Manual, which outlines the funds available from state agency programs, and the 2013 REDC Guidebook, which provides the competitive guidelines for this year, are both available at http://www.regionalcouncils.ny.gov/.