SEDCO launches RISE

10 Dec 2020

12/10/20 (Michael Hutchins, Herald Democrat)

Throughout December, Sherman Economic Development Corp is accepting applications for its new Raising Innovative Sherman Entrepreneurs program, also known as RISE. The program, done in partnership with Austin College, will offer a total of $250,000 in potential grants to fledgling businesses in the area in hopes of fostering growth.

The SEDCO program is aimed at assisting local startup companies and entrepreneurs.

“Basically this is for young companies that are less than five years old that are type A eligible,” SEDCO President Kent Sharp said, adding that this includes manufacturing and other businesses that primarily sell outside of the community. “They can earn up to $100,000 through this program and SEDCO.”

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