North Country Economic Development Council Announces Consolidated Funding Application Workshops
Training workshops will provide overview of the CFA process and how to access up to $750 million in economic development funding from agency programs through one application
The North Country Regional Economic Development Council (CREDC) today announced the launch of Consolidated Funding Application (CFA) workshops for the second round of Governor Andrew M. Cuomo's initiative to stimulate job creation and economic growth through the Regional Economic Development Councils.
To maximize participation in the process and to ensure high-quality applications, the NCREDC will be hosting three training workshops to explain the programs and eligibility standards, as well as recent improvements to the CFA application process. 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. Additionally, there will be a presentation by members of the NCREDC on project proposal writing and the Council's process in continuing to develop priority projects and a vision for a strong economic future for the North Country.
The schedule for CFA Workshops in the North Country includes:
Watertown – State Office Building
Friday, May 18, 1:00-3:30pm
Lake Placid – ORDA Convention Center
Tuesday, June 5, 2:30-5:00pm
Plattsburgh – SUNY Plattsburgh
Friday, June 8, 1:00-3:30pm
"The best way we can maximize state investment in the North Country for the second year in a row is to help our local officials, non-profits and growing companies understand the grant process and how best to compete," said Garry Douglas, President of the North Country Chamber of Commerce and NCREDC Co-chair. "That's what these workshops are all about and we encourage all potential grant applicants to attend one of the several sessions we're offering."
"Through the Council's public participation and outreach activities, we know our regional community has many worthwhile projects and ideas to address the diversity of challenges and economic opportunities throughout the North Country," said Tony Collins, Ph.D., President of Clarkson University and NCREDC Co-chair. "Our objective in holding these workshops is to increase the competitiveness of applications coming from our region in this statewide process as well as to provide applicants with the tools and confidence that their final submissions align to the vision established during the Council's planning process."
This year, the Regional Councils will focus on the implementation of their strategic plans and identifying and investing in locally significant priority projects. As such, the NCREDC is interested in identifying as many quality projects as possible across the region that are consistent with the region's strategic plan, which can be found at www.northcountryopenforbusiness.com. CFAs will be reviewed by the NCREDC based on their alignment with the Council's strategic plan and will be reviewed on a technical basis by the applicable state agencies.
For the second round, the CFA will provide access to economic development resources from 21 programs across a dozen state agencies. Improvements to the CFA in 2012 have made it an even more business-friendly and productive tool for economic development. It will remain the primary portal for businesses to apply for state agency resources, including resources for community development, direct assistance to business, waterfront revitalization, energy and environmental improvements, sustainability, workforce development, agricultural economic development and low-cost financing.
State agencies and authorities making resources available in the 2012 CFA include: Empire State Development; NYS Canal Corporation; NYS Energy Research and Development Authority; Environmental Facilities Corporation; Homes and Community Renewal; Department of Labor; Parks, Recreation and Historic Preservation; Department of State; New York Power Authority; Agriculture and Markets; Department of Environment Conservation; and the Council on the Arts. Applicants must submit their CFA by July 16, 2012.
In addition, the New York Power Authority and Economic Development Power Allocation Board (EDPAB) will be using the CFA to implement "Recharge New York," a new, low-cost power program for New York businesses and not-for-profits. NYSERDA will continue to accept applications to its open enrollment energy efficiency programs until all funds have been exhausted
Application materials are available online at http://nyworks.ny.gov.
Last year, Governor Cuomo announced the creation of ten Regional Economic Development Councils to transform New York's approach to economic development. The Regional Councils exceeded all expectations and redefined the way New York invests in job creation. To build on that success and keep the momentum going, Governor Cuomo has launched a second round of up to $750 million in economic development funding, including $220 million to implement regional strategic plans and support priority projects – $150 million in capital and $70 million in tax credits from the Excelsior Jobs Program – and over $530 million from state agency programs through the CFA to support regionally significant economic development projects.
As part of the Regional Council initiative, the NYS Consolidated Funding Application (CFA) was created to serve as the single application economic development projects must complete to be eligible to access the state resources that have been made available to support the Regional Councils. The CFA allows an applicant to access multiple funding sources from dozens of existing programs through one comprehensive, web-based application, making it quicker and easier to receive funding.