The Green Isle Economic Development Authority (EDA) has been awarded a $10,000
Rural Business Development Grant from the USDA. The grant will be used to start a revolving
loan fund within the Green Isle EDA. Along with the $10,000 grant monies, the City of Green Isle
agreed to allocate $5,100 toward the revolving loan fund. The Green Isle EDA did not have a
revolving loan fund prior to this grant and sees this as an additional incentive to attract
businesses to their community.