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)

(Rochester) downtown planning in motion

BY WESLEY DEHNE Staff Writer, The Sentinel 12/13/14 The Rochester Redevelopment Commission voted to engage Strategic Development Group Inc., or SDg, to develop revitalization plans for downtown Rochester. On Tuesday, the commission interviewed four consulting firms for the job. It decided to negotiate a contract with SDg, worth $45,000, on Friday. Lee said he’d like to have a contract signed by Dec. 23. The other three firms who responded to requests for proposals: Remenschneider Associates Inc., HWC Engineering and Development Consultants Inc. Commission members scored the firms based on such … Continue reading

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.
Continue reading