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Yamhill County Distributes Economic Development Grant Funding

Tuesday, October 1, 2019   (0 Comments)
Posted by: SEDCOR Staff
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Yamhill County Distributes Economic Development Grant Funding

 

The Yamhill County Economic Development Grants Program recently distributed $200,000 of funding for two grants programs after receiving applications submitted to the county.

 

Eligible projects for the grant had elements to their proposals that expanded the current economic capacity in their area by creating or retaining jobs; or helping to retain, relocate, or expand current businesses; partnering with private investment; enhancing manufacturing capacity; advancing innovation; or providing workforce development opportunities. 

 

The Economic Development Grant Program distributed a combined $150,000 to three winning projects within the Strategic Investment Fund Grant to applicant organizations that applied for funding that would bring economic benefit to the area.

 

The Economic Development Grant Program also distributed a combined total of $50,000 to five outstanding projects for the Small Grant. 

 

The Economic Development Grants Program seeks to support innovation and sustainable growth through strategic investments of development initiatives that create or retain jobs, generate increased economic activity, and improve the economic and social livability and vitality of local communities.

 

“The funding source for the Yamhill County Economic Development Grant Program comes from revenue distributed to Yamhill County from the Oregon Video Lottery, specifically given to the county to be used for economic growth and development,” explains Carrie Martin, Manager of Yamhill County Grants and Special Projects. 

 

Organizations receiving money from the Grant Program were: City of Willamina, Berger International, MacMarket, Chehalem Valley Chamber of Commerce, Flag & Wire Coffee Company, Yamhill County Tourism Partnership (Visit McMinnville), Chehalem Center Association (Chehalem Cultural Association), Carlton and Coast Tavern.

 

The Start-Up Grant is accepting applications for economic development projects until Dec. 31, 2019.

 

Recently, Yamhill County reached out to business partner Strategic Economic Development Corporation (SEDCOR) to create a committee to process applications for review, recommend certain proposals, and create a system for tracking the progress for the organizations that received grant money.

 

For more information about the Yamhill County Economic Development Grant Program,

see www.co.yamhill.or.us/content/yamhill-county-economic-developments-grants-program
or contact Carrie Martin at 503-474-4991 or
martinc@co.yamhill.or.us.  


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