BUDA — The Recruiting and Investing in Skilled Employment (RISE) program, which provides salary-based cash incentives to local companies to create high-paying jobs, was recently implemented by the Buda Economic Development Corporation (EDC).
According to Jennifer Storm, the chief executive officer of the EDC, the corporation's job is to create economic prosperity by supporting existing businesses and recruiting new ones to Buda. With the development of the RISE program, the EDC hopes to fill gaps in its incentive programs, while further diversifying its economy.
“I was trying to get us to think about putting out a program to say what we wanted, instead of just hoping the right businesses would show up. I wanted us to think through saying ‘What is our ideal business and what do we actually want and why don't we incentivize what we want’ instead of just waiting and hoping the right person applied and so, that’s how Brian kind of started this and put together this program,” said Storm.
