New economic development coordinator hired by BDC
Batavia Development Corporation (BDC) today announced its appointment of Julie Pacatte as the Economic Development Coordinator for the BDC. Ms. Pacatte was selected following a statewide recruitment process.
Ms. Pacatte has been involved with various aspects of economic development for the greater part of 20 years. From 1993-2003, she worked in real estate development in both Florida and Maryland. From 2003-2005, Julie served as the director of external affairs for the Schoharie County, NY, Chamber of Commerce in the Capital District region. From 2006-2010, Julie served as an economic development associate and Empire Zone coordinator for the Schoharie County Industrial Development Agency prior to relocating to Clarence, NY, with her family last year.
BDC President Ray Chaya said, “We are delighted to have Julie join our team. She brings a great deal of experience and background to Batavia and we look forward to working closely with her and other groups in the community to further push the city’s economic development efforts.”
The Batavia Development Corporation is a local development corporation established in 1994 to assist with economic development, redevelopment and job creation efforts within the City of Batavia. Since 2003, the City and BDC have accessed several statewide economic development programs in order to make small business loans and grants locally. As a result, more than $1.3 million has been awarded to 80 small businesses in the city that has leveraged nearly $2.5 million of private investment. Approximately 280 jobs have been created or retained in the last seven years.
“Julie brings a breath of fresh air to our economic development plans for the city. Her experience with communities of similar size to Batavia will be great asset moving forward,” commented BDC Vice President Dan Fischer.
Ms. Pacatte will be focused on administering the city revolving loan funds, assisting with small business development and growth, industrial/mixed use development, downtown growth/revitalization and administering economic development grant programs.
Currently the BDC offers two separate small business loan programs: a loan up to $30,000 to create or retain jobs and a grant/loan program providing up to $10,000 grant/$10,000 loan targeting business owners that are low to moderate income or have at least 51 percent of their employees in the low to moderate income level.
The new economic development coordinator position was funded through a formal partnership between the BDC and the City of Batavia. The partnership between the BDC and the city calls for $90,000 annual budget for a two-year trial period offering a $60,000 salary. The city has contributed $10,000 while the balance of funds are committed from the separate revolving loan program. Ms. Pacatte’s office is located in City Hall on the second floor.
Please contact Julie Pacatte at 345-6380 or visit the Batavia Development Corporation website at www.bataviadevelopmentcorp.org for more information.