The Regional Economic Development Awards were announced in Albany on Wednesday, December 19, 2012. The North Country region, which includes Hamilton County and Long Lake, was named a “Top Performer” and was awarded $90.2 million at the REDC awards ceremony.
Here are a list of projects that will directly impact businesses locally.
$1.37 million to enable SLIC Network Solutions to install broadband in Long Lake and surrounding area. This project supports aim of expanded broadband access in the Adirondacks.
$1.7 million to enhance broadband connectivity in Hamilton County. This Phase II support for the development of middle and last mile fiber in Hamilton County, which supports a key regional aim of bringing broadband a
$1 million for the Natural History Museum of the Adirondacks to construct an elevated walkway with interactive exhibits as a major added attraction at the Wild Center to support tourism development in the region.
$2.5 million for the creation of a Community Transformation Tourism Fund. This new fund administered by the Adirondack Economic Development Council will establish a specialized loan fund for tourism-related ventures, which supports the need to foster tourism development across the North Country.
$108,000 to the Adirondack Association of Towns Villages to create an Adirondack Park Recreation Web Portal designed to create, market, and sustain a web portal and database for tourism and recreation-related amenities and activities within the Adirondack Park. This involves all three regions which cover parts of the Adirondack Park and is therefore an example of a multi-regional project, including the North Country, Capital, and Mohawk Valley regions.
Business owners should pay close attention to the Community Transformation Tourism Fund, there will be many new opportunities for entrepreneurs to start dreaming and implementing!
Congratulations, now get back to work!
A list of projects will be available on the website, www.northcountryopenforbusiness.com, around 5pm today.