Inside Long Island Business
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Adams: Direct federal Sandy aid to businesses
Photo credit: Newsday/Karen Wiles Stabile
New York’s primary economic development agency wants to direct federal aid to help businesses hurt by superstorm Sandy, its chief executive said Thursday.
“We hope that some of the funding will be available for business recovery,” Empire State Development Corp. president and chief executive Kenneth Adams said at a business forum in Hauppauge. “That could be low-cost financing -- low cost loans...