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From Steve Hyde, president and CEO of Genesee County Economic Development Center:

As we take a collective breath from this month’s exhilarating announcement about 1366 Technologies becoming the first tenant at the Science Technology and Advanced Manufacturing Park (STAMP) in the Town of Alabama, we can look back as a

Genesee County Economic Development Center -- through its financing arm, Genesee Gateway LDC -- is committing $500,000 to redevelopment projects in the City of Batavia as well as the business districts of Genesee County's towns and villages.

The money to start the new revolving loan fund is seeded from revenue