Otsego County-based companies, B&B Ranch and Generations Malting Company, recently received ESD Grant funds as part of the CFA Award Announcements. The Consolidated Funding Application grant process was established in 2011, along with the Regional Economic Development Councils, to streamline funding and grant opportunities within the state.B&B Ranch, located in Fly Creek, is a boutique resort and specialty food manufacturer that will use CFA funds to build a small batch manufacturing operation, along with a retail storefront, on their current property. Generations Malting Company will open and operate a mid-size malthouse to produce malted barley in Oneonta. The malthouse project was awarded $250,000 to contribute to the total project cost of $1.5 million.

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