During a recent government meeting, officials discussed the implementation of a new economic incentive program aimed at supporting local merchants. The initiative, spearheaded by Wayne and the economic development department, focuses on a \"shop local\" gift card program designed to encourage consumer spending within the community.
The proposed program would allow consumers to purchase gift cards for participating businesses, with an added incentive: for every $50 gift card bought, an additional $25 would be invested by the program, effectively giving consumers $75 to spend at local retailers. This initiative is expected to provide a significant economic boost, particularly during the months of August and September when local businesses typically experience a downturn.
Funding for the program has already been allocated in the budget, and officials are looking forward to a detailed report from Wayne to update the council and the community on the progress and potential impact of this initiative. The discussion highlighted the importance of supporting local businesses and fostering economic resilience in the community.