New loan shifts economic focus to current business owners
August 3, 2017
Shifting the focus of local economic development from recruiting new, large industries to Kimball, the local Economic Development Committee is currently focused on assisting established local businesses make needed improvements.
“Existing businesses in rural towns have a stake in the community and focusing on helping keep your existing businesses in town is less costly than recruiting and attracting new industry,” Special Projects Coordinator Amy Sapp said. “Although a new industry would be wonderful, the fact of the matter is, it usually takes significant tax incentives and substant...