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Council approves final $7,500 of forgivable loan for Cocoa microfactory business
Summary
The council unanimously approved the remaining $7,500 of an Upstart COCO forgivable loan for Alyssa Otto to open a textile microfactory and teach sewing classes; the business completed We Venture training and agreed to community workshops as part of the forgivable loan terms.
The Cocoa City Council voted unanimously to approve the remaining $7,500 of an Upstart COCO forgivable loan to Alyssa Otto to support a textile microfactory and small-business operations at 313 Brevard Avenue, unit 4A.
The Upstart COCO program combines city funding and business support from We Venture (Florida Tech College of Business). Otto…
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