St. Lawrence County Industrial Development Agency

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St. Lawrence County Industrial Development Agency
Human Services Center
80 State Highway 310 Suite 6, Canton, New York 13617-1496
Phone: (315) 379-9806 Fax: (315) 386-2573
Raymond H. Fountain
Chief Executive Officer
BENCHMARK
Project:
Main Grind Coffeehouse
Address:
Massena, NY
Start Date:
April 8, 2011
Overview:
The Main Grind Coffeehouse is a specialty coffee shop that opened in
November 2009 and is located in the St. Lawrence Centre Mall in
Massena. They serve a variety of specialty coffee and cold drinks like
lattes, frappes, smoothies and locally brewed coffee. On site, the
business also makes its own cream and butter fudge and an assortment
of backed goods. They also offer an array of gifts, mugs, and
thermoses. Mr. Hurlbut is seeking funds for renovations and to
purchase a two kilo coffee roaster and coffee dispensing equipment that
should expand his business clientele.
Actions Taken:
St. Lawrence County Local Development Corporation
Microenterprise Grant Program (MGP) ..................................................................$17,328
St. Lawrence County Local Development Corporation
Microenterprise Revolving Loan Fund (MRLF) ........................................................$9,900
Economic Indicators:

Jobs Maintained and Generated – This project will assist in maintaining 2.5 FTE
jobs

Targeted Employment Opportunity – The purpose of the MGP and the MRLF is to
create employment opportunities for persons of low-moderate income (LMI). This
project provides assistance to an entrepreneur who meets the LMI guidelines.

Other Financing Leveraged:
Private Equity ..................................................................................................$23,059
NBT Bank..........................................................................................................$3,000

Improve Corporate Performance – This investment will stimulate the creation of new
products and markets for the business.

Targeted Business – This project is in line with the Microenterprise Grant Program
objective to target assistance to businesses which are located in an existing
commercial space, and to those that offer a specialty or “niche” product.
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