(NASHVILLE) — State Representative Ron Travis (R-Dayton) today announced that the City of Dunlap and the Town of Spring City are the recipients of Retail Academy Grants from the Tennessee Department of Economic & Community Development (TNECD).
The grants assist communities with funding that enables them to participate in the Retail Academy 101 or Retail Academy 201 opportunities. The overall goal of each is to provide cities and towns with important resources, training, and education to help enhance retail opportunities locally. This will help generate more revenue and lead to the creation of additional jobs in these communities.
“This investment in our community by TNECD is great news, and I am thankful for their partnership in supporting our local economies,” said Representative Travis. “I am hopeful that these unique opportunities for the citizens of Dunlap and Spring City will assist in paving the way for future economic growth and prosperity in these communities, as well as across our region.”
Since it began in 2016, the Retail Academy program has led to new retail establishments opening in 41 percent of communities that have participated, and has produced an estimated annual economic impact of $1.7 million in new local tax revenues.
For more information about the Retail Academy Grant program, please click here.
Ron Travis serves as the Chairman of the House Insurance & Banking Committee. He is also a member of the House Transportation, House Calendar & Rules and Joint Fiscal Review Committee, as well as the House Insurance & Banking Subcommittee. Travis lives in Dayton and represents House District 31, which includes Bledsoe, Sequatchie, Rhea and part of Roane County. He can be reached by email at: [email protected] or by calling (615) 741-1450.