By Bill Parry
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The Industrial Business Zone in Long Island City is getting an increase in City Council funding. The $100,000 grant will allow the LIC Partnership to continue to help companies obtain financing, energy efficiency consultation, tax credits and abatements to grow their businesses and ultimately retain jobs.
“Through Hurricane Sandy and after the Great Recession, the partnership has helped small business owners navigate financial hardships, saving thousands of jobs in the process,” City Councilman Jimmy Van Bramer (D-Sunnyside) said. “By nurturing Long Island City’s industrial business zone we are strengthening our local economy and laying the groundwork that allows small business to continue hiring locally.”
Last year, Van Bramer secured $75,000 in funding for the program, but this year he upped it over 25 percent to $100,943.
Van Bramer made the announcement at the Falchi Building,