Can economic development funds be protected?

  • 0

SARASOTA, FL - On the word that a local business owner is being accused of misusing funds, some are asking if enough is being done to protect the county's economic development money.

There have been other cases in the past when local companies have not delivered on promises of job creation and growth after receiving county funding.

Can something be done to better gauge a company's potential for success, or is it just a business risk that has to be taken?

ABC 7 Reporter Todd Dunn is on the story.