The Tourism and Economic Development Corporation for the Oconto Region (TEDCOR) has received a $90,000 grant from the U.S. Department of Agriculture.
The Rural Business Development Grant, announced by the office of U.S. Sen. Tammy Baldwin, is expected to be used to provide technical assistance to small, rural businesses located in Oconto County. Assistance will be targeted for those located in the villages of Suring and Lena. TEDCOR aims to serve at least 10 businesses with this assistance, creating five and saving another five jobs.
“Moving our Made in Wisconsin economy forward means investing in every corner of our state to create economic opportunity for families,” Baldwin said, in the news release announcing the grant. “I am proud to go to bat for Wisconsin and deliver funding that will help create jobs, grow local businesses and build a stronger future for our state.”
A $99,000 grant to the Sheboygan County Economic Development Corporation was announced at the same time. The corporation plans to use the funds to establish a revolving loan fund to serve small rural businesses in Sheboygan County. The project is expected to serve at least 10 businesses.
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