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DCOA has its critics but focuses on developing Abilene's future


The Development Corporation of Abilene historically has had an image problem, something that Misty Mayo, its president and CEO, and Jack Rich, its board president, understand.
They also are quick to say they want to change that perception, while admitting that the complexity and – at times – secrecy required to brew economic development deals can appear akin to spycraft with its endless code names.
“It s hard to break through and to make those things clear, especially in today s world where there s so many ways to communicate,” Rich said. That can be a source of misinformation as much as accurate reports.
“But that s what the goal is, that s what we re trying to do is to coordinate all of those efforts, he said. ....

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SEDCO launches RISE


 Program to increases support for entrepreneurs
Throughout December, Sherman Economic Development Corp is accepting applications for  its new Raising Innovative Sherman Entrepreneurs program, also known as RISE. The program, done in partnership with Austin College, will offer a total of $250,000 in potential grants to fledgling businesses in the area in hopes of fostering growth.
The SEDCO program is aimed at assisting local startup companies and entrepreneurs.
Basically this is for young companies that are less than five years old that are type A eligible, SEDCO President Kent Sharp said, adding that this includes manufacturing and other businesses that primarily sell outside of the community.  They can earn up to $100,000 through this program and SEDCO. ....

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