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Choose Columbia. Columbia Economic Development Corporation
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March 31, 2020
 



 
Launched Today:

Columbia County Business Continuity Fund



 

In an effort to support small businesses in our city and town centers, Columbia Economic Development Corporation (CEDC) and Berkshire Taconic Community Foundation (BTCF), in partnership with Berkshire Taconic’s Fund for Columbia County, the Columbia Chamber of Commerce and the Hudson Business Coalition, have created the Columbia County Business Continuity Fund to provide cash grants to small businesses in our communities most affected by the COVID-19 crisis. 

The fund will support small businesses that need immediate assistance to retain and pay their employees, stay current on rent, and cover other fixed costs related to their operations. These funds are intended to cover immediate gaps before businesses are able to secure loans under the Federal Stimulus package.  

Grants from $1,000 to $5,000 will be awarded to small businesses that are located in our city and town centers that are reliant on foot traffic for customers to help support short-term viability and longer-term continuity through the COVID-19 crisis. Grants will be reviewed by an independent committee and awarded based on the availability of funds. One hundred percent of all contributions will go toward supporting small businesses in Columbia County.  


See press release: Two New COVID-19 Response Funds Launch in Columbia County
 

Columbia County Business Continuity Fund 
 
Applications Open April 1, 2020
 
Grant Criteria:
  • Independently owned Columbia County-based small business
  • Located in our city and town centers
  • 10 or fewer full-time employees
  • Makes less than $1,000,000 in annual sales
  • Adversely impacted by COVID-19
  • Not a nonprofit organization
  • Open to the general public and reliant on foot traffic for customers
  • Needs funds to continue to retain and pay their employees, stay current on rent, and cover other fixed costs related to their operations.
Businesses can also find valuable information on various state and federal resources, including the recently passed CARES ACT, on CEDC's COVID-19 Resource Page

 

To Donate to the Fund:
As you know, small businesses are the bedrock of our economy. These small shops and their owners and employees contribute to our quality of life and to the economic vibrancy that makes Columbia County such a wonderful place to live, work, and visit.  

Please support our critical businesses and neighbors facing the greatest challenges with a generous gift to the Columbia County Business Continuity Fund.  
 
You may directly donate onlinethrough the Berkshire Taconic Community Foundation website, or contact CEDC President and CEO F. Michael Tucker directly at 518.368.8720 to discuss options to support this important initiative. 



 
Thank you to everyone in our community
for all of your hard work, support of each other and generosity
during these challenging times.

 

 

About CEDC
Columbia Economic Development Corporation is the lead economic development organization for Columbia County, New York.  Our mission is to strengthen the area's tax base through economic development and job creation, to assist businesses to locate and expand within the County, and to promote Columbia County as a premier spot for both business investment and personal opportunity. Learn 
more at www.columbiaedc.com.
contact us

Columbia Economic Development Corporation
One Hudson City Centre, Suite 301
Hudson, New York  12534
518.828.4718


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