The grant is part of the $26.2 million package of funding for economic development projects throughout New York. New York State's chief economic development agency, Empire State Development, awarded the funding.
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Programs that provide technical assistance, venture capital, loans, loan guarantees or other forms of management support to encourage the establishment and growth of business and industry in a particular region of the United States.
John Converse Townsend, a Forbes contributor, shares what can the private sector do for a social enterprise. He encourages social enterprises to reach out to corporations for help to scale up their businesses.