Wyoming County Business Center, Inc.
Overview & Mission
The Wyoming County Business Center, Inc. (WCBC) was established in 2006 by the Wyoming County Board of Supervisors to "provide opportunities for business growth by promoting and assisting economic development projects that result in capital investments and job creation and retention in Wyoming County, NY". The WCBC is a private, not-for-profit local development corporation.
The WCBC is co-located and works with our development partners the Wyoming County Industrial Development Agency (IDA), Wyoming County Planning, Wyoming County Chamber of Commerce and Tourism, Small Business Development Center and the Wyoming County Business Education Council.
Re-Start Wyoming Loan Program
Recognizing the impact of the COVID-19 pandemic’s impact on our small business community, the Wyoming County Business Center Board of Directors established the Re-Start Wyoming Loan Program. The purpose of the loan program is to provide assistance to small businesses in Wyoming County, New York that have been impacted by the COVID-19 health crisis and to help “re-start” their businesses as governmental orders restricting business operations in Wyoming County are eased or lifted.
Funds from this program may be used to:
1. Provide eligible borrowers with funding to modify current business operations to adapt to governmental orders imposing restrictions on business operations.
2. Provide eligible borrowers funding to assist in the re-opening of their businesses within 30 days once governmental orders have been lifted.
3. Provide eligible borrowers with funds for payroll support, rent assistance, payment of utilities, replenishment of inventory, employee health care and accounts payable.
Applications will be accepted from May 8 until July 31, 2020 and reviewed in the order received. They will continue to be processed until July 31, 2020 or until the funds are depleted.
Download the application and program overview here
Read the Press Release announcing the program here
Find more Re-Start Wyoming Resources here at the Wyoming County Chamber of Commerce website.
FastTrac Entrepreneurship Development Program- "Growing Our Own Jobs"
The Wyoming County Business Center, Inc., is a certified and designated affiliate of the Kauffman FastTrac® Program, a professional entrepreneurship development program owned by the Ewing Marion Kauffman Foundation, the world’s largest foundation dedicated exclusively to entrepreneurship development.
The Kauffman FastTrac® program, administered by the WCBC, represents a great opportunity for students and adults alike who want to start or grow a business and gain access to a very successful program and available resources. The program is designed to help assess business concept viability and develop sound business plans, getting new businesses started off on the right foot. Since 2010, the program has educated over 150 entrepreneurs and helped 86 businesses succeed by enabling them to overcome barriers and challenges common in starting a new business or expanding an existing business. This is a significant source of job growth for Wyoming County and a key component of our economic development strategy.
Need help starting or growing your business in Wyoming County? The Micro-Loan Program could be just what you need!
The Wyoming County Business Center, Inc. administers a low interest fixed rate micro-loan program available to qualified startup and existing businesses. Micro-loans range from a minimum of $10,000 to a maximum of $50,000.
The current interest rate is 2% and the terms are five to seven years. These funds can be used for working capital, furniture, fixtures, equipment, inventory, materials and supplies. Refinancing of existing debt is not eligible.
The Micro-Loan Program is designed to serve as gap financing or if a borrower has been declined by a bank. Its focus is to support underserved markets, including borrowers considered lower income or have little to no credit history.
For more information about the Micro-Loan Program and to see if you qualify please call Jim Pierce at 585-786-3764 or email.