EDC snaggs grant from gas districtPublished 11:00pm Thursday, August 23, 2012
The Southeast Alabama Gas District recently awarded an Economic Development Enhancement grant to the Pike County Economic Development Corporation in the amount of $12,500.
Grant dollars are available each year, and the SEAGD board representative for each owner city must apply for funding on an annual basis. Proceeds from this year’s grant in Troy will be used to enhance existing businesses and recruit new businesses.
The Economic Development Enhancement program is just a small portion of the funds designated by SEAGD to promote industrial development in Southeast Alabama. Over the past three years, the company has invested more than $1,000,000 to promote economic growth in Troy and throughout Southeast Alabama, resulting in the location of new industry to the area, as well as the enhancement of existing industry.
Marsha Gaylard, President of the Pike County Economic Development Corporation, said that the Southeast Alabama Gas District’s funding contribution is vital to the continued success in the recruitment of new industry to Troy and Pike County.
These funds also help us maintain an active Existing Industry Program in order to assist our local businesses and to provide services at our Business Incubator.
The SEAGD and its Member City, Troy have been faithful funding partners since the Gas District established the Economic Development Enhancement Grant program. The Pike County Economic Development Corporation is very grateful for their continued support and involvement in our economic development efforts, Gaylard said.
The Southeast Alabama Gas District is owned by 14 cities: Abbeville, Andalusia, Brundidge, Dothan, Elba, Enterprise, Eufaula, Ft. Deposit, Greenville, Headland, Luverne, Opp, Ozark and Troy.
SEAGD provides natural gas service to more than 30,000 residential, commercial and industrial customers throughout the southeast quadrant of Alabama.
This article was submitted by the Southeast Alabama Gas District