- Micro-enterprise Assistance Program :
- Micro-enterprises are defined by the federal government as businesses with five or fewer employees, one of which is the owner.
- Owners of existing micro-enterprises in Greene County residents with potential start up businesses can participate.
- Class topics covered include marketing, accounting, cash flow analysis, business plan development and implementation, and business regulations and their impact. Instructors are local and regional experts. The training builds the knowledge necessary for participants to implement a business plan, and expand their markets and profits quickly once in operation. Participants should bring their business plans if they have been working on them.
The Greene County MAP, administered by the Greene County Department of Economic Development, Tourism and Planning, assists in the establishment and expansion of small businesses that are start-ups or have five or fewer employees, one of which is the owner, and the creation of new jobs through business training, funding and technical assistance.
All business sectors – including industry, retail, services, agriculture and tourism – are eligible for the program, which is open to:
- Start-Up Businesses –These businesses must be owned by low and moderate income persons directly, and/or be businesses that will create additional jobs, the majority of which must be taken by or made available to low and moderate income persons.
- Existing Businesses –Eligible businesses must have five or fewer employees, one of whom is the owner of the business. The business must either be owner by low and moderate income persons or create one or more new jobs, the majority of which must be taken by or made available to low and moderate income persons.
The MAP provides low-interest loans, and when available, deferred-payment loan funds, of up to $25,000 for job-creating projects in the County. The MAP assistance requires a minimum cash infusion of 10% of the total project cost, and can be used for acquisition, renovation, working capital, furniture, fixtures, equipment or any other reasonable business expense.
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