EDC approves resolution to develop $150,000 airport small-business grant program
The EDC approved a resolution to establish a small-business grant program for the municipal airport, with staff describing the fund as up to $150,000 per qualifying airport business; board members urged a targeted marketing plan to attract aviation-related firms.
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EDC staff presented a draft resolution to establish a Terrell Airport small-business grant program intended to support entrepreneurship and development on airport property. Staff described eligible uses as lease reimbursement or construction reimbursement and said EDC staff and board would evaluate applications under program criteria.
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