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GEDA community grants to focus on economic development efforts

The grants will be funded by its corporate qualifying certificates.  We created a qualifying certificate community contribution grant program. we created the program so that grants that came out during our (qualifying certificate) process could be transparent and available to the community at large, said Melanie Mendiola, agency administrator. The big focus is on training folks and incubating small businesses. We re looking at programs that have to do with re-training, . as well as promoting the creation of new businesses.   The agency gives gives tax breaks to some businesses by issuing 20-year qualifying certificates. Many of those certificates require the businesses to make cash contributions to GEDA, which allocates some of the contributions to its grant program for community organizations. The agency s board has final approval of which organizations are to receive grants from the pool of money. 

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