Programs & Plans

Financial Assistance to New and Existing Businesses

Cattaraugus County Microenterprise Grant Application

The Department of Economic Development, Planning & Tourism (EDPT) is in the process of applying for Microenterprise Assistance Program (MAP) grant funds and currently soliciting letters of interest from small businesses.

Microenterprise Grant Guidelines

  • Business must have 5 or fewer employees
  • The owner of the business must be considered as low-moderate income (LMI), as defined by the U.S. Housing and Urban Development agency    OR
  • The business must be willing to hire a minimum of one full-time employee (FTE) at 37.5 hours per week who is of LMI status, or enough part-time employees to equal one full-time equivalent position of 40 hours
  • Grant monies are for such business-related needs as machinery, equipment, furnishings, fixtures, and inventory
  • Cannot be used for construction, remodeling or vehicle purchases
  • A 10% equity contribution from the business is required
  • Businesses must expend their own money first, provide all receipts, and will then be reimbursed

Portal Link: https://data.enchantedmountains.net/webform/interested_cc_mgp

Commercial Property Improvement Program

Commercial Property Improvement Program is available to businesses within the commercial area of Olean.  Up to $30,000, with 20% of the loan amount being a deferred loan, is available for facade and commercial interior renovation projects.

Allegheny River Public Access & Recreation Plan

The City of Olean and its partners -- the City of Salamanca; Towns of Allegany, Portville, Olean and Salamanca and Villages of Portville and Allegany -- need your help establishing a plan for a multi-use recreation trail system along the Allegheny River. The goal of the project is to explore opportunities to improve waterfront access. promote the underutilized river corridor. and attract recreation·based businesses to strengthen the local economy.

For more information or applications contact:

Community Development Program Coordinator

Keri Kerper

City of Olean
Municipal Building
Olean, NY 14760

Phone: (716) 376-5647
Fax: (716) 376-5644
Email: [email protected]