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NY State contractorGrants & Program Funding

Olean Business Development Corporation

Olean, NY State contracts since 2023Updated Nov 13, 2026

Olean Business Development Corporation holds 1 contract worth $625.0K with Department of Economic Development; 1 active today. The first started in 2023.

Total contract value
$625.0K
Current contract amounts
Spent to date
$377.2K
60% of contract value
Active contracts
1
$625.0K in active value
Contracts on record
1
Since 2023
Agencies served
1
Most with Department of Economic Development
Years active
3
First contract 2023

Contact & company

Business information and how to reach the company.

oleanbd.com(opens in a new tab)

Website

oleanbd.com (opens in a new tab)

Address

301 N Union STOlean, NY 14760Cattaraugus County
Legal name
Olean Business Development Corporation
Identifiers
UEI NA4BNSTT5NT8 · CAGE 7TMX5
Federal registration
Active · renews by Jan 2027
In business since
2013

Leadership

  • Robert Forness

    President & Ceo

Contracts

1 contract with New York State agencies, active first. Open a row for the full record.

Contracts
DetailsContractTypeContract no.Term

Business Incubater and Innovation Hot Spots

C220231GrantActive

Department of Economic DevelopmentGrantC220231Apr 1, 2023to Mar 31, 2028Apr 1, 2023Mar 31, 2028$625,000$377,234 spent$377,234
Business Incubater and Innovation Hot SpotsDepartment of Economic DevelopmentApr 1, 2023 – Mar 31, 2028Active$625,000
Description
Business Incubater and Innovation Hot Spots
Contract number
C220231
Type
Grant
Agency
Department of Economic Development
Term
Apr 1, 2023 → Mar 31, 20285 years
Approved
Nov 22, 2023
Status
Active
Amount
$625,000
Spent to date
$377,234 · 60% of the amount
1–1 of 1

Contract-type mix

Share of contract value by type

Contracts over time

Contracts started per year

View as table
YearContracts
2023: 1 contracts, $625.0K1
2024: 0 contracts, $0.00
2025: 0 contracts, $0.00
2026: 0 contracts, $0.00

How the Contractor Score adds up

Moderate (C, 55/100): 1 active contract, active federal registration; but first contract in 2023.

  • Contract volume+1.3measured

    $625K in current contract value across 1 contract, more than 56% of scored contractors.

  • Recent activity+8.4measured

    1 active contract today; the most recent was approved in November 2023.

  • Agency breadth0.0measured

    Contracts with one state agency or facility.

  • Experience−8.1measured

    First contract started in April 2023 (3 years of contract history).

  • Contract-type mix−2.0measured

    1 contract type; the largest group is grants (100% of value).

  • Spending vs. value0.0unknown

    No completed contracts with recorded spending yet. Scored as neutral.

  • Federal award history0.0unknown

    No federal award history found. Scored as neutral.

  • Federal registration+5.2measured

    Registered to do business with the federal government (registration active).

50 + contributions = 55 (C, Moderate)Starts at 50. Bars: cool adds, warm subtracts.

Agencies served

Contract value with each agency or facility

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Contract figures are public New York State contract records as of Nov 13, 2026: current contract amounts and spending to date as reported. Company details are shown when we can match this contractor to a registered business with confidence.

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