Federal Grant Programs for States Are on the Chopping Block

Government Executive By Timothy B. Clark January 12, 2015 House Speaker John Boehner of Ohio, joined by other House Republican leaders, speaks at a news conference on Capitol Hill earlier this month. J. Scott Applewhite / AP Photo WASHINGTON — With Republican majorities in both houses of Congress, one might expect a serious assault on federal spending and deficits, most likely focusing on domestic discretionary programs that prop up the budgets of state and local governments. If it comes, the attack will be directed at budgets starting in federal fiscal … Continue reading

New $1 million Seymour marquee on I-65 met with mixed response from locals

Indiana Economic Digest 12/9/14 Love it or hate it, the new Seymour welcome sign near Interstate 65 is causing a lot of buzz around town. Construction of the 13-foot wall and sign with surrounding landscaping, located on the north side of U.S. 50 just west of the interstate exchange, was completed in late November at a cost of about $1 million… …The majority of funding for the welcome sign came from a state grant, Luedeman said, and was specifically designated by the Indiana Department of Transportation for the project. “This … Continue reading

FEDCO gets $99K grant

The Rochester Sentinel
12/17/14

Fulton Economic Development Corporation has received a $99,000 Rural Business Enterprise Grant from the United States Department of Agriculture.

The grant money will be used to continue FEDCO’s low interest loan program and to provide funding for training to eligible businesses in Fulton County, FEDCO said in a press release. Eligible businesses include startups that have met application requirements or existing businesses based in Fulton County with less than $1 million in gross annual sales and less than 50 employees.

This is the third and largest such grant the USDA has awarded to FEDCO in the past five years.

FEDCO Executive Director Terry Lee said the funding will provide a boost to an already successful program.

“These additional funds are a vote of confidence from the USDA and will allow FEDCO to help more Fulton County businesses start and grow.

We’ve created a very comprehensive program for small businesses that includes a wide range of resources and the USDA’s grant is at the heart of what we offer,” he said.

For more information, contact Amy Beechy at amy@yourprojectmatters. com or 574-709-7955.

(Related article: ROCHESTER, Ind., 7/15/10 — A $75,000 USDA Rural Development Grant awarded July 6 (2010) to the Fulton Economic Development Corp…FEDCO received a $50,000 grant last October…) (more)

FEDCO helps with train depot, Times Cinema, Rochester downtown

12/6/14

FEDCO (Fulton Economic Development Corp.) serves as a growth and development partner for business and industry and as a community development partner for cities and towns of Fulton County.

Following are several recent newspaper articles of recent efforts of which FEDCO has been a part.
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