SEDCO approves "Buy Local" grant increase

SHERMAN, Tex. (KXII) - The Sherman Economic Development Corporation approved a "Buy Local" grant increase at their meeting Tuesday.

The "Buy Local" cash grant provides an additional 5 percent of the total amount paid to local vendors for buying goods and services in Sherman.

The maximum amount of incentive award was raised from $20,000 to $50,000.

The grant was established in 2016 to encourage industries to shop locally.