NNYEDF (Proceeds) Program

New York Power Authority (NYPA)

open

The Northern New York Power Proceeds program is made possible through net earnings resulting from the sale of unused economic development hydropower generated at NYPA's St. Lawrence-FDR Power Project. The Northern New York Power Proceeds Act, passed in December 2014, allows NYPA to deposit the net earnings from the market sale of unallocated St. Lawrence County Economic Development Power into a fund, which can then be used to support economic development projects in the County. Eligible projects are considered under five funding tracks, including Training & Workforce Development: Training and related programs that will provide the necessary skills to meet industry needs. Ideally, projects should focus on concentrations of underemployed and underrepresented populations in the Region and provide programs for those populations.

Focus Areas

educationworkforce

Eligibility

An eligible applicant is a private business, including a not-for-profit corporation that is a business. Public entities, such as state agencies, public benefit corporations and municipalities, and entities acting on behalf of public entities, are not eligible to apply for or receive Fund Benefits. Eligible projects are economic development projects physically located within St. Lawrence County that support the growth of business in the County and thereby lead to the creation or maintenance of jobs and tax revenues for the state and local governments.

How to Apply

Funding Range

Up to $0K

Deadline

Rolling

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