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Glens Falls LDC backs feasibility study aid for Crew Coffee and receives major update on 36 Elm/Taste NY project
Summary
The Greater Glens Falls LDC authorized conditional participation in an SBS grant to cover up to half of a feasibility study (up to the program cap) for Crew Coffee, requiring the applicant to provide pricing and at least two proposals; the board also received a detailed update on the 36 Elm project and programming partnership interest from Taste NY and Cornell Cooperative Extension.
At its Dec. 11 meeting the Greater Glens Falls Local Development Corporation authorized conditional support for a Crew Coffee feasibility study under the LDC’s Small Business Support (SBS) program and received a detailed progress report on the 36 Elm ("36 Inc") project and related programming options.
Crew Coffee: staff reported the applicant submitted an SBS application seeking up to half the cost of a feasibility study, with program rules covering up to 50% and a $50,000 cap. Board members expressed concern about price reasonableness—one member said ARPA funds…
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