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The program is scheduled to take place Sept. 18 at the Yonkers Public Library’s Riverfront Branch at 1 Larkin Center beginning at 6 p.m.
“These informational workshops are a tremendous opportunity for local business owners to learn more about the CFA application process and the funding available to expand their businesses,” Westchester County Executive George Latimer said.
The $1 million for Westchester is part of a $4 million allotment from a fund being split among Westchester, Rockland and Nassau counties.
Community Capital said it will make loan capital available for startups and small business in Westchester and Rockland counties in amounts ranging from $1,000 to $250,000, with terms up to five years.
The report from Citizen Budget Commission argues state and local municipalities have spent more on economic development initiatives without enacting meaningful transparency reforms around the grants and tax breaks.
The Mid-Hudson economic development council recommends the state fund Westchester projects that includes waterfront revitalizations in Port Chester and Sleepy Hollow.
The county's tourism industry is the third largest in the state, behind New York City and Long Island.
The Culinary Institute of America welcomed officials from Asahi Shuzo, the company that plans to open New York's first sake brewery about a mile north of the CIA in Hyde Park.
While only New York City is named, an Amazon spokesperson confirmed the company is considering a bid including New York City, Long Island and Hudson Valley.
The $350 million amusement park from Merlin Entertainments will open in 2020.
Global NY will combine the federal grant with state dollars to invest more than $1.16 million in small businesses statewide through September 2018.
“It’s a relatively small incentive,” David Buchwald said, “but it will get folks to focus on ideas and dreams and make them a reality.”
Empire State Development issued a request for expressions of interest July 9 for Beacon Correctional Facility, which was used as a women's prison until 2013.
A fire at the massive warehouse building in the Yonkers Carpet Mills Arts District on Monday morning required a response from all 18 companies in...