Franklin County Industrial Development Agency

Economic Development

We are committed to serving new and existing businesses and industries, and to assist with the creation and retention of quality jobs by facilitating strategic investment for the economic well-being of Franklin County.  The IDA offers a broad range of services to help local businesses expand and succeed.  From loans and tax incentives, to technical assistance, to buildings and business parks, we’re here to help grow local business.

Our current priority is Loans for Business Growth and Jobs, Jobs, Jobs!  Through increased engagement with businesses in Canada and local businesses right here at home, our highest priority is the expansion of new and existing businesses and the creation of jobs.  We are promoting the availability and benefits of Franklin County Local Development Corporation (LDC) business loans.  

Managed by the IDA, the LDC can provide critical gap financing for up to 40% of project costs up to a cap of $250,000 for business expansions that create jobs in the County.  These loans may be applied to a variety of uses including:  real estate, machinery and equipment, furniture and fixtures, working capital and inventory.  Could your company benefit from access to new project financing?  The IDA can help make this process simple and seamless.  Don’t wait!  Contact the IDA today and start the process of expanding your business through an LDC business loan.

For more information, please call (518) 483-9472 or email admin@franklinida.org .  You can also check us out on Facebook and LinkedIn or visit us online at www.franklinida.org

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