JSDC continues funding for Entrepreneur Center
Wednesday, February 13, 2019
JAMESTOWN -- The Jamestown/Stutsman Development Corp. has agreed to make a planned payment of $50,000 to the Jamestown Regional Entrepreneur Center now rather than in August as scheduled during the JSDC’s regular meeting Monday, Jan. 14.
The JSDC had previously agreed to fund the Entrepreneur Center at $50,000 per year for three years. The payments had been made in August the previous two years but were moved up while the organization seeks sponsorships after a grant from the U.S. Department of Agriculture was denied.
“We would have paid $50,000 in August, but we’ll pay it early while they work through the sponsorships,” said Kelly Rachel, president of the JSDC.