City launches small business grant program

 

City launches small business grant program

 

The City of Jonesboro is launching its first Micro-Enterprise Business Accelerator grant program.

This funding, available through the City’s Community Development Block Grant, will provide $2,500 to $10,000 for up to eight micro-enterprises – small businesses with five or fewer employees.

“Money spent in small business creates local employment opportunities,” City Community Development Director Tiffny Calloway said. “Through this pilot program we hope to support local entrepreneurs and provide job opportunities.”

 

To qualify, businesses must serve or create jobs for low- to moderate-income residents.

“This is just another way our Community Development and Grants Department is serving our city,” Mayor Harold Perrin. “I am especially proud of Tiffny and CBDG program manager Angy Abaunza for creating this program.”

Calloway said a suggestion from a recent public hearing was for the city to invest in local economic development projects. “This gives us a way to do that,” she said.

Proposals for grant awards must be submitted to the City by 4 p.m. Dec. 14. Find applications at Jonesboro.org or email yabaunza@jonesboro.org. They also can be picked up in the Community Development Department in the Municipal Center, 300 S. Church St., Suite 402.

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