Ticonderoga is seeking a grant to assist small businesses in the community. The Ti town board has asked the Ticonderoga Revitalization Alliance to write and, if successful, administer a “micro-enterprise” grant on behalf of the town.
Ticonderoga is seeking a grant to assist small businesses in the community.
The Ti town board has asked the Ticonderoga Revitalization Alliance to write and, if successful, administer a “micro-enterprise” grant on behalf of the town.
“I’m pleased to announce this partnership with the alliance,” Deb Malaney, town supervisor, said. “We created the alliance to lead economic development initiatives in Ti, and this is exactly the kind of program we need to support the creation and expansion of small businesses in Ticonderoga."
If successful, the grant will provide assistance to “micro-enterprise” businesses, those with the equivalent of five or fewer full-time employees. Assistance would be in the in the form of deferred payment loans of up to $35,000 that would be completely forgiven over a period time. Applicants will need to provide at least 10 percent equity or match. The grant funds can be used for any justifiable business purpose including purchasing equipment, inventory or working capital.
“Hopefully we’ll get funded, and be able to use the program to create jobs, expand the tax base and stimulate investment in Ti,” said Dave Iuliano, town board and alliance member. “And while priority funding will be given to businesses that lease space in vacant storefronts in the village (hamlet), project funding will be available to start or expand small businesses anywhere in town.”
J. Justin Woods, alliance president and CEO, is asking local residents and businesspeople to support the grant application.
“Anyone with an existing business or new business idea, please send us a letter of interest to support the grant application by June 29,” he said.
Letters of interest or support should be sent to the Ti-Alliance at PO Box 247, Ticonderoga 12883 or by Email to email@example.com. Letters can also be dropped off at the alliance office at 111 Montcalm St. or the Ticonderoga town clerk’s office in the Community Building.
The Ticonderoga Revitalization Alliance has new board members.
The Ticonderoga town board has appointed Bill Drummond, Chattie Van Wert, Jeremy Treadway, Peter Reale, Scott Hearburg and Shana Macey as directors on the alliance board.
They join existing directors Alex Levitch, Jim Major, John Rayno, Sandy Morehouse, and Sue Rathbun.
“I am very happy to announce these appointments and their confirmation by the town board,” Malaney said.
Jim Major, chairman of the alliance board welcomed the new directors.
“We’ve got a lot of work to do and each of these people’s hearts are sincerely dedicated to improving Ti,” he said. “We are eager to seek their input and counsel, and welcome them to the party.”
Woods echoed those comments.
“In addition to being successful in business, each of these directors bring a commitment to serving our community and working to build a better future for Ti,” he said.
Drummond has worked for W.E. Aubuchon Hardware for over 30 years. He is currently the district manager, overseeing the Ticonderoga store plus 10 other stores in New York, Vermont and New Hampshire. Bill lives in Pittsford, Vt.
Van Wert has over 20 years of experience owning and operating small businesses in Ticonderoga, including the Ranch Motel, Sunshine Laundry, Sunshine Apartments and Sunshine Carwash. She has been a member of the Ticonderoga Area Chamber of Commerce, is part of the Streetfest committee, serves on the board of the Inter-Lakes Health and is on St. Mary’s Parish Finance Council.
Treadway is a local businessman and entrepreneur who owns and operates several businesses in Ticonderoga, including Treadway Service, Treadway Fuels, The Pub, Treadway Motorsports and, in the near future, Adirondack Motocross Park.
Reale is a third generation road and bridge contractor and currently serves as vice president of Reale Construction. Reale and his brother John also own multiple properties in downtown Ticonderoga. He has served on several local boards including the town planning board, the comprehensive plan committee and the chamber of commerce board. He currently serves on the board of the Ticonderoga Federal Credit Union and is an active member of St Mary’s Parish and the Knights of Columbus.
Hearburg owns and operates the Ticonderoga McDonald’s franchise as well as McDonald’s restaurants in Warrensburg and Fair Haven, Vt. He has served on the chamber of commerce board and many other boards and donated to many charities and causes. For spearheading a multi-year initiative to build a new playground at the Ti Elementary School, Hearburg was named 2011 Community Volunteer of the Year by the chamber.
Macey is the president of Crown Point Telephone Corporation and its subsidiary company, Crown Point Network Technologies, Inc. d/b/a Bridge Point Communication.