WCIC seeks economic development project proposals
The Wood County Industrial Commission is asking for project proposals that support development of business, industry and commerce in the county to consider for funding allocation for the 2016-2017 …
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WCIC seeks economic development project proposals
The Wood County Industrial Commission is asking for project proposals that support development of business, industry and commerce in the county to consider for funding allocation for the 2016-2017 fiscal year.
Qualified projects will compete for a share of the Unclaimed Capital Credit funds to be allocated as recommended by the WCIC and approved by the Wood County Commissioners Court.
Projects must meet the following scoring criteria: directly enhances economic development in Wood County; stimulates, encourages and develops business location and commercial activity in Wood County; small or disadvantaged business development projects that promote or advertise the county and its vicinity or conduct a solicitation program to attract conventions, visitors and businesses; projects that improve the extent to which women and minority businesses are awarded county contracts; projects that support comprehensive literacy programs for the benefit of Wood County residents and projects for the encouragement, promotion, improvement and application of arts.
“This is the second year that the WCIC has set aside and earmarked monies specifically for the development of business and industry for the county. Funding requests for the encouragement, promotion, improvement and application of the arts should include a breakdown of how expenditures of funds will be utilized. Otherwise, a business plan must be submitted with application and/or at the time of presentation to the Economic Development Committee,” said Kiki Bettis, executive director of WCIC.
“Also, upon approval of the funding request, the organization will need to provide an ongoing report on the status of the project as well as any other information that can be useful in determining the impact of WCIC funding.”
The deadline for submitting applications has been set for Aug. 31.
Funding requests will be presented to the WCIC promotions committee in September to review and forward recommendations for consideration and budget approval to the WCIC board of directors in the regularly scheduled monthly meeting. Projects will be awarded and announced on October 15.
For information, contact Kiki Bettis at 903- 768-2402 or by email at woodcic@peoplescom.net.
