MISSION
The Onondaga County Opportunity Fund Corporation (OCOF) provides financial assistance to businesses operating in Onondaga County (excluding those based in the City of Syracuse) as a means of supporting business expansion, job retention, and job creation utilizing the statutory powers of the Local Development Corporation as set forth under the provisions of the laws of the State of New York.
FINANCING
OCOF offers financial support to small businesses. These programs include the Micro-Enterprise Fund, Small Business Assistance Fund, and the Community Impact Fund. The programs provide financing with a forgivable loan option for micro-enterprises (defined as businesses with 10 or less employees). The goals of this program are to enable Onondaga County businesses (excluding those based in the City of Syracuse) to pursue new investment opportunities and promote job creation. The program is designed to expand the local economy, and to encourage consumer confidence and access to local products and services provided by Onondaga County businesses.