Grant

July 23 - 27, 2012

$945,000 to the Kentucky Department of Local Government, Frankfort, Kentucky, to support the development and implementation of comprehensive economic development strategies (CEDS) for the Commonwealth of Kentucky. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy. This investment is part of a $1,181,250 project.
$650,000 to the City of Sayre/Sayre Industrial Authority, Sayre, Oklahoma, to fund construction of roads and water infrastructure for the further development of the Sayre Industrial Park in Sayre. This project supports the expansion of the regional oil and gas industry cluster and creates opportunities for future business development and growth. This investment is part of a $1,083,333 project that the grantees estimate will create 257 jobs.