Payson Gets State Development Grant

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The Payson Regional Economic Development Corporation received $2,800 for a Web site redesign to include relevant community and business information, economic data and to promote the region to new business prospects.

Redevelopment, preservation and marketing are the focus of three grants awarded in rural Arizona communities through the Arizona Department of Commerce's Rural Economic Development Initiative Program (REDI).

The program helps rural communities strengthen economic development practices and techniques in order to become more attractive for capital investment.

"These matching grants help provide the tools necessary for Arizona's rural areas to attract investment and quality jobs," said Jan Lesher, director of the Arizona Department of Commerce.

"Each project helps promote and prepare these areas for growth, while preserving and maintaining existing business and industry."

A $15,000 grant went to the Town of Florence for an update and revision of the Florence Downtown Redevelopment Plan to put a program in place that will have a positive economic impact on the community.

The Greater Yuma Economic Development Corporation is awarded $8,850 for a Three-Tiered Marketing Strategy, which will create design templates for all building and land sites, and marketing materials for use on Web sites and at conferences and trade shows.

In 1987, the legislature created the Rural Economic Development Initiative (REDI) program to promote economic development in rural areas. It provides both technical and matching fund assistance.

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