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EDC shelves most business grants for now

August 05, 2020 - 05:00
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Special to the Bulletin Aside from awarding grants to businesses to overcome financial hardships they faced in response to the coronavirus pandemic, the Bandera Economic Development Corp. has decided to temporarily suspend funding of incentive programs for businesses until it has a better handle on its own financial condition and how best to bolster the economy as the pandemic wears on. Board President Andrea Jankoski said the board approved the temporary suspension at its Thursday, July 30, special meeting because of how much financial uncertainty has been created by the coronavirus outbreak in regard to both the sales tax revenue the EDC ...

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