Wexford County Receives $210,000 Community Development Block Grant
From MEDC reports:
Wexford County has received $210,000 in Community Development Block Grant working capital loan funds for the Harrietta Hills Trout Farm expansion project in Slagle Township, near the Village of Harrietta. The company specializes in the production of rainbow trout and has partnered with Superior Foods of Grand Rapids to process fish. The expansion project will include the creation of six jobs. The loan will be used to operating expenses such as inventory, receivables, equipment leases, licensing permits, marketing and costs associated with the addition of staff. The Traverse City Area Chamber Foundation will serve as the CDBG Revolving Loan Fund manager.
The Michigan Business Development Program provides grants, loans and other economic assistance to qualified businesses that make investments or create jobs in Michigan, with preference given to businesses that need additional assistance for deal-closing and for second stage gap financing.
For more on the MEDC and its initiatives, visit michiganbusiness.org. For Michigan travel news, updates and information, visit michigan.org. MMichigan residents interested in seeking employment with any of Michigan’s growing companies should check mitalent.org, where more than 71,000 jobs are currently available in a variety of industries.
Networks Northwest always proves to be a valued resource for our local government planning efforts. No organization does a better job of convening partners, promoting collaboration, and reporting on the data than does Networks NorthwestTy Wessell, Leelanau County Commissioner