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Thrive Business Grant performance agreements sent; cycle 2 discussion set for Feb. 27

2127550 · January 17, 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

Town-sent performance agreements for seven projects (six businesses) approved Dec. 9 were distributed with a Jan. 10 due date; all but one business returned agreements. The EDC plans a Feb. 27 discussion to consider improvements for a second grant cycle.

A staff member told the EDC on Jan. 16 that performance agreements for the Thrive Business Grant Program — tied to seven projects across six businesses approved by Town Council on Dec. 9 — were sent at the end of December with a Jan. 10 return deadline; all but one business had returned an agreement by the Jan. 16 meeting.

The staff member said most approved projects involve equipment…

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