Thursday, October 9, 2008

Perham wins $30,000 'cash prize' from EDA

excerpted from Perham Enterprise Bulletin, 10-2-08

Perham is one of only a handful of Minnesota cities to earn a performance award from the Economic Development Administration. Perham received $30,000.

The EDA Planning Performance Awards recognize EDA investment recipients for projects that demonstrate outstanding collaboration and effectiveness in the planning phase. Awardees must use the money to increase the EDA's share of the cost of an EDA-funded project, which decreases the dollar amount of the local match. It can be applied to future projects.

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