SitemapThe city’s Board of Control approved $200,000 in grants to small businesses at its meeting Thursday.
Grants ranging from $2,500 to $15,000 were awarded to 20 businesses through the Small Business Boost Project. City Council approved appropriating $200,000 for the program in April.
The need for such a program was identified as the city assisted businesses through a microenterprise program funded by the Coronavirus Aid, Relief, and Economic Security – or Cares – Act through the U.S. Department of Housing and Urban Development. Many businesses were ineligible for assistance by the fund because of restrictions governing the federal funds, according to Carmella Williams, microenterprise grant program director.
The grant program is different from the $200,000 fund the city established last month to assist downtown businesses following the May 28 natural gas explosion at the Realty Tower.
Grants of $15,000 each were awarded to Build Your Own Breakfast LLC, Unpainted Arizona LLC, YoGo Bikeshares LLC, DOPE Brands LLC, Savannah Joe’s LLC and McRoyal Industries LLC.
Grants of $12,000 each were made to Full Faith Moving Services LLC and Jaxstubbs LLC.
An $11,000 grant was made to HH Brothers Enterprises LLC; a $10,000 grant went to Kickdrum Entertainment LLC; and $9,000 was given to Avalon Downtown.
The remaining funds were awarded to Centro Tre LLC, ATAP Records LLC, Santa Rosa LLC, Noble Creature Cask House and Bistro 1907 LLC ($7,500 each); Coze Coffee Bar LLC ($6,000); Yo! Crash LLC and DDVE Holdings LLC ($5,000 each); and G’s Chop Shop ($2,500).
In other business, the board approved entering into a professional services agreement with Youngstown Neighborhood Development Corporation to administer the $150,000 Market Street Corridor project.
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