AEDC Announces Partnership with Herkimer County IDA and LivingADK for Small Business Assistance

Saranac Lake, NY: Adirondack Economic Development Corporation (AEDC) announces a new partnership to benefit small businesses in Herkimer County. AEDC will be providing focused business counseling at no cost to existing and start-up businesses in the northern part of Herkimer County. The Herkimer County Industrial Development Agency developed this partnership, bringing in LivingADK as a key local resource.

“AEDC is excited to partner with these two great organizations to serve the small business needs in northern Herkimer County. The area has tremendous resources as well as the constraints of many of our rural communities. We look forward to putting our team’s expertise to use in assisting the entrepreneurs and existing businesses of the area.” AEDC has more than a 40-year history of serving the greater North Country’s small businesses. One of its key services is one-on-one business counseling offered by two full-time professional counselors with decades of experience. Counseling will be offered through a virtual platform with the ability to schedule in-person work by appointment.  

As a New York State-designated Entrepreneurship Assistance Center, AEDC offers these services at no cost to its clients. The organization also offers one-on-one service in adult financial empowerment training, pandemic recovery grant assistance and certification assistance with the NY Minority/Women-owned Business Enterprise Program (M/WBE). AEDC is a US Department of Treasury-designated Community Development Financial Institution (CDFI) with a mission to serve economically and socially disadvantaged entrepreneurs.  The organization also provides regular web-based group business training and manages seven small business loan funds for provision of capital to new and expanding businesses.

Chief Executive Officer of the Herkmier County IDA John J. Piseck, Jr. stated: "The Herkimer County Industrial Development Agency (HCIDA) is excited to support this project and work with AEDC and LivingADK. The HCIDA is always available to assist small businesses in Herkimer County. Our mission is to deliver economic incentives to businesses and industries to diversify and strengthen Herkimer County's tax base and enhance community vitality by supporting job creation, business and industrial development, and community revitalization”.

Robin Hill, Executive Director of LivingADK added, “One of LivingADK’s mission points is to support sustainable communities which includes healthy economic development. By collaborating with the AEDC and Herkimer County IDA, we are helping to facilitate access to these wonderful resources benefitting our business communities and budding entrepreneurs within the central Adirondacks.   We will be sure to also share these assets with our working partner, the Central Adirondack Association and their business members.”

Any businesses or entrepreneurs interested in receiving business counseling or other assistance from AEDC should contact Stephanie Donaldson at sdonaldson@aedconline.com or 518-891-5523. For more information about AEDC and its services, visit www.aedconline.com.

About AEDC: The mission of AEDC is to advance economic opportunity in North Country communities through support for existing and new small businesses. The organization serves a 14-county area across northern New York, encompassing Clinton, Essex, Franklin, Fulton, Hamilton, Herkimer, Jefferson, Lewis, Oneida, Oswego, Saratoga, St. Lawrence, Warren, and Washington counties. www.aedconline.com

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