Study: County grants saved nearly 12k jobs
Last updated 12/1/2020 at 4:22pm
The El Paso County Regional Business Relief Fund (RBRF) saved up to 11,789 jobs and protected $1.1 billion in local economic output, according to a report just released by Summit Economics.
The El Paso Board of County Commissioners and the county’s Economic Development department created the RBRF to assist local small businesses and non-profits struggling with the financial impact of COVID-19. The county seeded the fund with $13.8 million from its allocation of CARES Act dollars.
“This is a prime example of El Paso County answering the call,” said Board of County Commissioners Chair...