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Council agrees to fund $15,000 request for Southeast Indiana SBDC from Riverboat funds
Summary
Regional SBDC requested $15,000 to meet a $129,675 regional cash-match requirement. Councilmember Denise Konkle suggested Legacy Foundation support, but council consensus was to allocate $15,000 from Riverboat funds.
Mike Fulkerson, Regional Director for the Southeast Region of the Indiana Small Business Development Center, asked Floyd County for a $15,000 contribution to help the SBDC meet a regional cash-match requirement of $129,675.
"He requested that Floyd County consider a financial commitment to the Southeast Indiana SBDC in the amount of $15,000.00 to help achieve their regional cash-match requirement of $129,675.00," Fulkerson said. Council member Denise Konkle suggested the county consider a Legacy Foundation grant instead, but the council reached consensus to fund the request from Riverboat funds.
The contribution will be treated as a local match toward the SBDC's regional cash-match target; no formal roll-call vote was recorded in the minutes, which reflect council consensus to draw $15,000 from Riverboat funding.
