Promotes and assists private sector industrial development, and advances job opportunities and economic welfare for the people of Chemung County.
Low Interest Loan Programs
Low interest financing options are currently available for expanding businesses in the City of Elmira and the Village of Horseheads. Typical loans support up to 40% of a project’s cost at a fixed rate of prime minus two percent (pending eligibility).
Promotes the revitalization of the central business core of the City of Elmira.
Provides grant and low interest loan assistance to businesses that are interested in becoming more energy efficient
Provides a low cost loan program for businesses requiring capital financing at below market rates. A typical loan ranges from $10,000 to $100,000 fixed at a rate of prime minus one percent.