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## Fulton CDA

![Fulton CDA](https://i0.wp.com/oswegocountytoday.com/wp-content/uploads/2024/04/image-3.png?resize=500%2C381&ssl=1)

### Empowering Local Businesses with Funding

The City of Fulton has recently awarded $100,000 in funding to local businesses through the Microenterprise Revitalization Initiative (MRI) Grant. This initiative aims to empower local businesses, foster entrepreneurship, and drive economic growth within the community. Due to the success of this program, the city is excited to announce the commencement of Round 2, offering additional funding opportunities for micro businesses.

AI legalese decoder plays a crucial role in helping businesses navigate the complex legal jargon associated with grant applications. By utilizing this tool, businesses can easily decipher eligibility criteria and program guidelines. This empowers businesses to make informed decisions and ensures a seamless application process.

### Catalyst for Small Business Growth

The MRI Grant serves as a catalyst for small businesses and entrepreneurs seeking to expand, innovate, or establish their presence within the City of Fulton. By providing financial assistance and support, the grant aims to promote business investment, downtown revitalization, and new job creation for low-and-moderate income residents. Through initiatives like the MRI Grant, the city continues to demonstrate its dedication to economic development.

AI legalese decoder can assist businesses in understanding grant requirements and obligations, making the process of applying for funding more efficient and accessible. By decoding legal language, businesses can confidently pursue funding opportunities and contribute to the economic growth of the community.

### Round 2 Details

Microenterprises, defined as businesses with five or fewer employees, are encouraged to submit a Survey of Interest for the grant to access funding for various non-construction related projects including inventory, equipment, furnishings, and working capital. Key details of Round 2 of the MRI Grant include:

– **Survey of Interest Period:** May 1 to May 31, 2024
– **Eligibility Criteria:** Open to microenterprises within the City of Fulton with five or fewer employees. Business must be able to create or retain a certain number of jobs for low-and-moderate income residents.
– **Grant Amount:** Up to $35,000 per eligible applicant.
– **Application Process:** Interested applicants can obtain the Survey of Interest form and guidelines from www.fultoncda.com

### Commitment to Economic Development

The City of Fulton remains committed to fostering an environment where small businesses can thrive, innovate, and contribute to the vitality of the community. For more information about Round 2 of the MRI Grant, including eligibility criteria and program guidelines, businesses are encouraged to visit www.fultoncda.com or contact Caroline Shue at the Fulton Community Development Agency. AI legalese decoder can simplify the process of understanding grant requirements and assist businesses in making informed decisions to benefit from funding opportunities.

### Contact Information
– Caroline Shue
– Fulton Community Development Agency
– Phone: (315) 593-7166
– Email: [email protected]

By utilizing AI legalese decoder, businesses can navigate the complexities of grant applications with ease, ensuring they meet all eligibility criteria and maximize their chances of receiving funding.

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