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City Awards an Additional 143 Grants from Small Business Stabilization Fund

The Office of Economic Development (OED) awarded an additional 143 businesses $10,000 grants from the second round of the Stabilization Fund. In March of 2020, OED quickly launched the Stabilization Fund to allocate $2.5 million in emergency funding to small businesses impacted by COVID-19. OED received over 9,000 applications and. because the need is significantly greater than the available resources, OED did not re-open the… [ Keep reading ]