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City of Alamo offering grants up to $15, 000 for new, local businesses

· KRGV (NBC 5)

The City of Alamo is providing financial assistance to support the launch of new local businesses. There are two funding options: a start-up grant and a revolving loan fund, both available exclusively to Alamo residents. This season, the Alamo Economic Development Corporation will award five grants ranging from $2,500 to $15,000 for businesses that have a commercial property. To receive reimbursement, qualifying businesses must submit an invoice. Mayor J.R. Garza emphasized the importance of generating sales tax and noted that applications will be reviewed by the EDC's board of directors.

AI summary · Source: KRGV (NBC 5)

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