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Adirondack Economic Development Corporation
Adirondack Economic Development Corporation
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 hrs
Can you get this?
✓Must be a small business or entrepreneur
✓Must operate in 14 Northern NY counties
✓For new or existing business owners
✓M/WBE program for minority or women owners
Your real odds
No public approval rate exists, but AEDC operates as a mission-driven CDFI lender, meaning they work with businesses that conventional banks would turn away.
They pair loans with technical assistance and training, which points to a hands-on process with applicants rather than a competitive scoring pool, and rolling submissions mean no single deadline creates a backlog.
What it takes
Enroll as an AEDC client1 to 2 hrs
Develop a business plan with advisorsDays to week
Submit loan application with financials1 to 2 weeks
Worth knowing
AEDC offers free technical assistance alongside a 60-hour Entrepreneurship Assistance Program, so going through their training before you apply builds your file and your relationship with the people who will review it.
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