Officials don’t yet know how much money the city will distribute to businesses that qualify for the assistance, nor do they know how many businesses they expect to help through the program, said Derrick Parson, executive director of the Beverly Grey Center. “It was a hub of all businesses,” said Badger, the owner of MMW Style Studio. “And of course, when you see a business and a community thriving, it brings people, it brings community. And your children don’t have to leave – your children don’t have to grow up and move to another city for better opportunity.”
Donovan said any minority-owned business in Buffalo is eligible for aid, which could come in the form of a grant or non-monetary assistance such as mentoring, and flexibility is baked into the program.
Source buffalonews.com This is the third initiative Brown has announced within the past week that will receive funding through the federal American Rescue Plan.
News Highlights Business
- $ 3.5 Million in Stimulus Funds to Help Buffalo Minority-Owned Businesses | Local news
- Check all news and articles from the Business news updates.