$200k Program Helps Retain & Expand Small Businesses

Texas Border Business MISSION, Texas –The Mission Economic Development Corporation is re-launching a legacy program and distributing $200,000 in small business grants. Beginning Wednesday, existing businesses in Mission can apply for the Ruby Red Ventures – Build Mission Fund grant to receive up to $15,000 for facility improvements, expansions and working capital, among other uses. Mission EDC first launched Ruby Red Ventures in 2013 as a competition modeled after the hit TV show Shark Tank. Entrepreneurs typically spent months going through a rigorous program in which they worked alongside experts at the Small Business Development Center to prepare a business plan and pitch. Since then, the program has awarded about $600,000 to nearly 40small businesses in Mission. “This year, we’re…