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State CFA ’19 Grants

Announced Thursday

ONEONTA — A $420,000 grant so Andela Products Inc. can expand into the Richfield Springs Industrial Park leads off the list of grants Otsego Now is hoping to receive in this year’s round of state economic development funding, to be announced Thursday in Albany.

Otsego Now’s Director of Finance & Administration Meghan Marino will represent her organization, which either submits or advises project sponsors on the annual local CFA applications.  CFA stands for “comprehensive funding application,” and is the state’s vehicle to distribute funding to the 10 economic development regions.

Usually, Governor Cuomo makes the funding announcements at a gathering in The Egg at the Empire State Plaza government complex.

 

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