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IDA amends microenterprise grant guidelines; board OKs increased awards for prior recipients
Herkimer County Industrial Development Agency · July 29, 2025
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Summary
HCR revised microenterprise program rules to allow up to $35,000 per new full‑time position (up from $14,000 per business); the board approved increases for prior recipients subject to HCR guidance and staff verification.
Herkimer County IDA staff reported that Homes and Community Renewal (HCR) approved revised microenterprise grant guidance allowing awards up to $35,000 per full‑time employee (previously $14,000 per small business for low/moderate‑income owners). Staff said the revision expands eligibility and gives prior awardees the opportunity to…
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