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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 support for new local businesses through two programs: a start-up grant and a revolving loan fund. To qualify, applicants must be residents of Alamo and own a commercial property. The Alamo Economic Development Corporation will award five grants this season, ranging from $2,500 to $15,000. Eligible businesses must submit an invoice for reimbursement. Mayor J.R. Garza emphasized that the businesses should be new and capable of generating sales tax. Applications will be reviewed by the EDC board, which will determine the recipients as they arrive.

AI summary · Source: KRGV (NBC 5)

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