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.
William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”