There is a new initiative designed at increasing local economic development that will create a business incubation and services center in Olean.
City officials want to provide Olean's downtown with new businesses that would create a positive environment for future small business development. The Greater Olean Area Chamber of Commerce is working on a $400,000 grant from the Empire State Development Corp. to fund the making of the incubator.
A customized collection of grant news from foundations and the federal government from around the Web.
John Converse Townsend, a Forbes contributor, shares what can the private sector do for a social enterprise. He encourages social enterprises to reach out to corporations for help to scale up their businesses.