Adobe Stock
Adobe Stock
The grant was awarded on Dec. 9. The EDA describes the grant as follows:
"This EDA investment funds the hiring of an economic recovery coordinator to create a three-year strategic plan that will help recovery efforts from the impact of a disaster that caused business closures and catastrophic job losses in the City of Waseca, Minnesota, a designated Opportunity Zone. The coordinator will collaboratively work with regional stakeholders in developing a comprehensive set of recovery activities with specific projects that correlate with the city's recovery goals, which will identify alternative employment opportunities, develop job skilled trainings classes, and create other resources for individuals negatively affected by business closures. Once implemented, the plan will help establish a resilient workforce, strengthen the regional economy, attract private investments, and create jobs."
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