Offering up to $20,000 to eligible businesses, the Hidalgo County Small Town Economic Development Grant Program is assisting small business owners in unincorporated areas of the county and in cities with a population of 20,000 or less. The deadline to apply is March 15th.
About the Hidalgo County Small Town Economic Development Grant Program
The project is funded by allocated funds from Unclaimed Property Capital Credits from the Texas Comptroller of Public Accounts. The intent of this project is to encourage entrepreneurship, create critical jobs, advance commerce and promote tourism to boost the smaller communities of Hidalgo County.
The project seeks to encourage entrepreneurially-oriented residents to develop and grow new ideas and promote growth in existing and new businesses. This project will provide the participants with support and resources for the development of their business proposals. All proposals will be presented before an evaluation committee for consideration and input. Applicants will be subject to a written evaluation of a business plan and an oral presentation before the evaluation committee.
Participants will have the opportunity to compete for prize grant money to be used for the betterment or launch of their proposal. Qualifying entrants can request an amount not to exceed $20,000 in grant funds committed to stay within the business.