New funds allocated to help East Central Regional businesses!
The East Central Regional Development Commission submitted an application to the EDA’s American Rescue Plan Act (ARPA) for consideration of a three-year Revolving Loan Fund (RLF) Grant in February 2022. In March 2022, we received word and a congratulatory message from Senator Tina Smith’s office that the Commission was awarded $400,000 to support expanded services for entrepreneurs in the region. This new RLF will support a broader business development strategy which seeks to stimulate business development among historically underserved populations, such as people of color, people with disabilities, women, and veterans.
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