None
EN
Council approves $15.5M for small-business grants
[]
Mountain Xpress
At its Jan. 27 meeting, Asheville City Council approved $15.5 million for the city’s Small Business Support Program.
The four recipients include Mountain BizWorks ($10 million), ArtsAVL ($2.3 million), Eagle Market Streets Development Corp. ($2.3 million) and Venture Asheville ($855,000).
Three of the organizations — Mountain BizWorks, ArtAVL and Eagle Market Streets — are collaborating on a program called Asheville Recovers Together.
In addition to the $15.5 million in direct business support, the Small Business Support Program funding includes $510,000 in business planning support and $990,000 in administrative costs.
Council approved Home Investment Partnerships Program (HOME) funding recommendations for housing support.