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EDC debates $5,000 cap for incentive requests, plans open house to boost downtown business outreach
Summary
The Oswego Economic Development Commission discussed updating a small-business incentive program including adding a $5,000 cap to make budgeting easier, and members planned an EDC open house and promotional outreach for downtown merchants.
The Oswego Economic Development Commission discussed tightening an existing financial-incentive program to add a $5,000 cap on awards and outlined outreach plans including an open house on Orchard Road.
At the meeting, a Committee member said the suggestion to add a cap came from a group that reviewed the older program and argued the limit "allows you to budget" and would prevent unexpectedly large…
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