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EDC adopts small-business incentive scorecard, adjusts medium-revenue bracket

5393569 · July 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Rio Grande City EDC approved a small-business incentive application and scorecard, adding a $100,000—$3,000,000 revenue range for the medium-business category and retaining negotiation flexibility for large projects.

The Rio Grande City Economic Development Corporation approved a small-business incentive application and accompanying scorecard designed to streamline incentives for micro, small, medium, large and major businesses. The board approved the scorecard after discussion and an amendment to the revenue…

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