Economic development consultant John Fedo encourages Ely businesses to take advantage of available grants and programs to improve their assets and financial standing.
Fedo filled the city council in on the recently-approved IRRRB budget at the monthly Ely Economic Development Authority meeting last Tuesday. The budget includes $500,000 for the Downtown Building Rehabilitation (DBR) program and $1,500,000 for the Business Energy Retrofit (BER) program.
Ely businesses can also tap into other opportunities such as the Commercial Development Corridor Program, says Fedo. Grants like these can help cover costs of building improvements for local businesses.
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