Oshkosh Food Co-op receives $ 250,000 loan from GO-EDC

OSHKOSH – The Greater Oshkosh Economic Development Corp. provides grants and loans to local businesses to help them stimulate job creation.

The Oshkosh Food Co-op received a revolving loan fund of $ 250,000 from GO-EDC., Which will help the grocery store open at the end of the summer. The co-op will have to repay the loan, which has lower interest rates and comes from a $ 2.4 million fund.

“In addition to supporting business growth in Oshkosh, the goal of our program is to create jobs and provide amenities to our community. The Oshkosh Food Co-op does all of these things and will be a great addition to downtown Oshkosh, ”said Tricia Rathermel, Director of Economic Development and Manager of Access to Capital Programs.

The Venture Project, a new collaborative workspace in downtown Oshkosh, and Dr. Dyslexia, an app that helps dyslexic students read and write through games, received $ 10,000 grants from the Capital. Catalyst Fund.

The fund aims to help create jobs in the area and past grantees include Fifth Ward Brewing Co., Bee Bella Lip Balm, Thunderbird Bakery, MToxins Venom Lab, Prexo and Tap Tech. GO-EDC granted 15 loans totaling $ 500,000 to businesses in the region.

For those interested in GO-EDC’s business assistance programs, visit Greateroshkosh.com.

Contact Lydia Slattery at 920-426-6710 or [email protected]. Follow her on Twitter at @lydiaslattery.

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