Saratoga County committee readies $150,000 economic development grant round; targets $10,000 awards, June 20 deadline

The Saratoga County Economic Development Committee on March 5 discussed details for the county—conomic development grant program, recommending a $10,000 target award amount, a June 20 application deadline and reimbursement payments from a $150,000 program budget.

Committee members and staff heard from Jason Kemp, a county staff member presenting the program, who gave a status update on current and outstanding grants and explained budget and reserve figures. "Budget amount was a hundred and 50,000," Kemp said, describing the fund available for the upcoming grant round. He told the committee that earlier program years saw different per-project award targets "originally the first year was 14,200, then it went down to 7,100, and last year, you were 10,000." Kemp said last year's round produced 18 applications totaling about $177,000,…