FEDCO Awarded Additional Funding for Fulton County Businesses

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The United States Department of Agriculture has awarded Fulton Economic Development Corporation (FEDCO) $73,250 in a Rural Business Development Grant (RBDG).  Funds from the grant will be used to continue FEDCO’s low interest loan program and to provide funding for training to eligible businesses in Fulton County.  Eligible businesses include start-ups that have met application requirements or existing businesses based in Fulton County with less than $1 million in gross annual sales and fewer than 50 employees. This is the fourth Rural Business Grant the USDA has awarded to FEDCO in the last six years.  Terry Lee, FEDCO’s Executive Director, says this funding will provide a boost to an already successful program, “This award symbolizes so many great things for Fulton County: our ongoing relationship with the USDA, the growth of our program to support small businesses, and additional opportunities for our businesses to start and grow with low interest loans and training funds.”   Amy Beechy, Director of Entrepreneurship Programs for FEDCO commented, “We’ve created a very comprehensive program for small businesses that includes a wide range of resources and our outcomes prove it’s working.  This latest USDA grant and our positive partnership with the USDA allow us to keep growing small business in Fulton County.“  For more information about FEDCO’s offerings, contact Amy Beechy at amy@projectmattersllc.com or 574-709-7955.