Tips for applying for a small business loan

Whether you are an entrepreneur looking to start your own business or a business owner looking for additional capital, you may be considering applying for a business loan to finance your endeavor. As the Technical Specialist for the Cayuga Economic Development Agency (CEDA), I underwrite business loan applications for the City & County Small Business … Continued

March 2019: Economic Development News from Cayuga County

Did you know that you can get local economic development news from the Cayuga Economic Development Agency (CEDA) delivered to your inbox?   Subscribe via the orange “Subscribe” button at the bottom of the page, and we will keep you up-to-date on what’s happening at our organization and in the Cayuga County business community. Missed our … Continued

Solar Developments

NYSERDA Presentation: Solar Energy Projects and RPTL 487 Mr. Houtan Moaveni from NYSERDA will present on NY’s renewable energy goals and incentives, as well as municipalities’ responsibilities under Real Property Tax Law Sec 487, which could allow solar developments to be exempted from related property taxes for 15 years. This event is scheduled for Monday, … Continued

New economic development info sessions happening at CEDA

The Cayuga Economic Development Agency is a private, nonprofit corporation that provides free and confidential services to any entrepreneur or business within Cayuga County.  Over our 10-year history, our services have grown and evolved.  CEDA continues to work one-on-one with clients, but we have also been increasing the number of events we host. This helps … Continued

Empire State Development funding forum coming to 2 State Street

Daniel Kolinski, Deputy Director of the CNY Region of Empire State Development, will be giving a presentation to help businesses prepare for the 2019 round of State funding. The CNY REDC is asking potential applicants to submit a Letter of Interest by April 30, which will allow local and regional economic development staff to better … Continued

Auburn’s Opportunity Zone

In Cayuga County, the northwest quadrant of the City of Auburn is a Qualified Opportunity Zone. The federal Opportunity Zone program is an economic development tool designed to spur long-term, private capital investment in distressed areas by providing tax benefits to investors.  This new program provides tax incentives for those who invest their capital gains as … Continued

Cayuga County to host meeting to discuss Emerson Park development

In 2015, Cayuga County adopted the Emerson Park Master Plan.  As a follow-up of that plan, Cayuga County is developing a targeted Emerson Park Programming Plan.  The county is seeking public input on its plan. On March 14th, the Biederman Redevelopment Ventures team will join Cayuga County Parks & Trails and Cayuga County Planning & Economic Development to host a Public … Continued

Career Day 2019 coming to Cayuga Community College

We are partnering with Cayuga-Onondaga BOCES, the Auburn Enlarged City School District, and the Cayuga County Chamber of Commerce to host a Career Day for local high school juniors on March 21 in Cayuga Community College’s gymnasium. Employers from Cayuga County and within the Jordan-Elbridge and Skaneateles school districts will have the opportunity to speak with approximately 300 … Continued

Lenders learn during first-ever CEDA 101 session

On Tuesday, February 26th, we held our first-ever “CEDA 101” session in our conference room at 2 State Street.  Lenders from local financial institutions and other partner agencies were invited to get a refresher course about services and lending programs available from CEDA’s partners in the economic development community. Maureen Riester, Economic Development Specialist at … Continued

2019 Potential Project forum to be held at 2 State Street

A representative of Empire State Development will be giving a presentation Monday, March 11, from 3-5:00 p.m. at 2 State Street, Auburn, to help businesses prepare for the 2019 round of State funding. The CNY Regional Economic Development Council is asking potential applicants to submit a Letter of Interest by April 30, which will allow … Continued