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Our Additional Programs
Featured articles highlighting our additional programs, including our Revolving Loan Fund (RLF), "Come Home, Stay Home", Entrepreneurship Through Acquisition, as well as other various community initiatives.
OBDC to support local businesses with Entrepreneurship Through Acquisition (ETA) program
The Olean area is home to a number of legacy businesses — many that have been in existence for decades, run by the same person or family, since their inception. But what happens when the founder, or the family, no longer wants to run the business? Does it just disappear? “That is a challenge,” Bob Forness, president and executive director of the Olean Business Development Corporation (OBDC), said. And that is why Forness said OBDC is “thrilled” to be the recipient of a 2025 S
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Wixspace Digital
Aug 18, 2025


Buffalo Next Article focuses on LBA and Come Home/Stay Home
Leaders in the Olean-area business community are preparing for growth in the startup economy. Some of that growth has already been a result of the Laine Business Accelerator, which will soon welcome six businesses selected to be part of its 2024 cohort...
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Wixspace Digital
Sep 18, 2024


OBDC Launches Revolving Loan Fund - August 8, 2024
OLEAN TIMES HERALD — Officials hope a new revolving loan fund will help new businesses in and around the city get off the ground...
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Wixspace Digital
Aug 8, 2024


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