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The Ulster County Industrial Development Agency (UCIDA) and the Ulster County Capital Resource Corporation (UCCRC), under their new boards, unanimously voted to give Ulster County businesses and non-profit organizations up to $5,000 in grants for the purchase of Personal Protective Equipment (PPE), helping to alleviate the extreme burden of these extra costs during mandated shutdowns and decreased business caused by the COVID-19 pandemic.
“Businesses and organizations here in Ulster County have suffered enough, and we, as a board, are here to help get the economy growing again by offering these grants,” said James Malcolm, Chair of UCIDA and UCCRC.
“My family has owned a small business in Ulster County for almost 45 years, and I have seen first-hand the devastation that this pandemic has caused. I am excited that the Boards voted to offer grants to any Ulster County business or organization, not just current Projects of the UCIDA or UCCRC. It is an honor to work with board members that are really looking out for Ulster County as a whole,” said Rose Woodworth, CEO of UCIDA and UCCRC.
Grants from IDAs (now temporarily allowed under new legislation) can be used for COVID‐related PPE expenses or similarly explained uses for businesses with less than 50 employees. For any businesses or organizations with 50 employees or more, grants can be given from the UCCRC. Grants, up to $5,000, will be available for PPE items purchased after March 16, 2020. Current compliant projects of the UCIDA or UCCRC can apply for up to $5,000. Non-compliant projects and all other Ulster County businesses or non-profit organizations can apply for up to $2,500. Grants will be given after the PPE is purchased with proper documentation. In cases of extreme hardship, the UCIDA or UCCRC will consider paying the applicants’ PPE vendor(s) directly.
$300,000 of grants will be given out, representing 20% of the UCIDA’s and UCCRC’s current funds on hand.