Angel inventment group gets grant from Adirondack Foundation

SARANAC LAKE — Point Positive Inc. was awarded funding for the Business Ideation Workshop Series project from Adirondack Foundation’s Generous Acts Program.

Point Positive is an angel investing and mentoring group based in Saranac Lake.

The grant is being co-funded in part by the Rhoades Family Fund at Adirondack Foundation.

This project will allow Point Positive, in partnership with the Shipley Center for Innovation at Clarkson University, to hold a series of workshops to help individuals start their own business. The project will recruit fledgling entrepreneurs to participate in the workshop series. The organization will work with the participants to develop viable ideas and get started on the path to developing their ideas, as well as ongoing mentoring beyond the workshop gatherings.

“We are seeing a growing number of entrepreneurs looking to grow their business here in the greater Adirondack region,” Melinda Little, Point Positive coordinator, said in a press release. “This momentum and our ability to effectively host virtual events have enabled more entrepreneurs to get in front of member investors, and with this grant, we are staged to be able to nurture more entrepreneurs.”

“We know how vital entrepreneurship is to our rural economy and can already envision the idea wheels that will spin from these workshops,” said Cali Brooks, Adirondack Foundation president and CEO.


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