ROCHESTER, N.Y. (WROC) — Monroe County Executive Adam Bello announced four new economic development programs to help those struggling during the COVID-19 pandemic.
Monroe County will get $1 million more to help supplement and support small business programs in our area.
Bello says the small business loan program is a zero-interest $10,000 loan, with negotiable pay back terms. It’s been funded with a million dollars; he says they’re still accepting applications. “So far, we’ve been able to process and approve 80 applications totaling around 800 thousand dollars,” he says.
Bello also announced a small business program navigator on the county’s website to help connect small businesses with applications. The county also has a job portal to connect those essential businesses looking to hire, with those who are looking for work at this time. 231 jobs and 48 unique employers were added to the site.
“What we decided to do is work together as a team and collaborate to create a single portal where local businesses can sign up and register and offer jobs through that online portal, and individuals looking for work can go to that portal,” he says.
In addition, tax exemptions were announced for those businesses making upgrades to prevent the spread of Covid-19. Things like added PPE, sterilizers and extra sanitation. “This is another great way to be able to support local manufacturers who are re-tooling their manufacturing processes, and (to purchase) new equipment to be able to join the fight against Covid-19,” he adds.
All the information on the loans, portals, and tax exemptions can be found here.
On Thursday, county health officials announced there have been 62 confirmed COVID-19 deaths in Monroe County. To date, officials report 932 confirmed cases of COVID-19 in Monroe County, including 49 new cases since 24 hours prior.
Check back with News 8 WROC as we will continue to update this developing story.