$125K for Adirondack Economic Development Corporation

WASHINGTON, D.C. | The Adirondack Economic Development Corporation (AEDC) in Saranac Lake will receive $125,000 from the Department of the Treasury's Community Development Financial Institutions Fund. U.S. Rep. Elise Stefanik announced the funds Oct. 3 after providing a letter of support for the grant, which will go toward hiring a full-time Business Opportunities Counselor to grow AEDC's counseling services to disadvantaged clients. Stefanik said she was proud to "support the Adirondack Economic Development Corporation in their pursuit of this grant funding and help secure this result. Now, these funds will help support AEDC's mission to provide services to underserved people and communities and grow its counseling services." Victoria Duley, Executive Director of AEDC, said "AEDC is so pleased to have received this important award from the U.S. Department of the Treasury. We are extremely appreciative of Congresswoman Stefanik's key support in bringing these resources to the North Country. AEDC will put the award to work in assisting many disadvantaged small business owners in the North Country of New York State. We know that small business drives our region and we are excited to be able to further serve these entrepreneurs." AEDC serves 14 counties in New York, including Clinton, Essex, Franklin, Fulton, Hamilton, Herkimer, Jefferson, Lewis, Oneida, Oswego, Saratoga, St. Lawrence, Warren, and Washington counties.

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$125K for Adirondack Economic Development Corporation

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