Performance Award Received from Economic Development Administration

2 comments January 18th, 2008

The Economic Development Administration (EDA) announced that the Ravalli County Economic Development Authority has qualified for an EDA planning performance award in the amount of $1,000. The award will be used to further the business plan for the Ravalli Entrepreneruship Center (REC).

Planning performance awards are given in recognition of outstanding collaboration and effectiveness in the planning phase of a project. This is the second year EDA has named planning performance award recipients.

Ravalli County earned an award for its business plan created with strong local collaboration and attention to following the, Comprehensive Economic Development Strategy (CEDS). Building on the region’s bio-medical cluster, including the Rocky Mountain Laboratory of the National Institute of Health, the business plan will provide for an entrepreneurship center in Hamilton, Montana, to encourage the creation and growth of small businesses and industries.