CANTON -- SUNY Canton is slated to receive a $111,326 grant to purchase and renovate the vacant former Jubilee Grocery Store in downtown Canton to create what officials call an "entrepreneurship accelerator."
The funding will be part of a series of Northern Border Regional Commission (NBRC) grants for for infrastructure projects around New York’s 21st Congressional District, announced St. Lawrence County's Congresswoman Elise Stefanik (R-NY-21).
SUNY Canton’s plan for the money will involve a $312,500 rennovation of the old Jubilee store which has sat vacant since it closed in 2000.
The new entrepreneurship accelerator proposed by the college will provide entrepreneurs from the campus and the broader community with resources, mentoring, and space to start their own businesses.
Another grant in the series announced by Stefanik will help fund a $373,130 project planned by the Adirondack North Country Association (ANCA) to create the Adirondack North Country Center for Businesses in Transition.
The center will establish a regional network of public, private and nonprofit partners in Clinton, Essex, Franklin, Hamilton, Jefferson, Lewis and St. Lawrence counties.
Read the full article at North Country Now.