Urban League of Greater Southwestern Ohio Help Small Business with Funding

By National Urban League
Published11 AM EST, Fri Nov 22, 2024
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DAYTON (May 15, 2023) – The Urban League of Greater Southwestern Ohio (Cincinnati, OH) helped two dozen minority- and women-owned businesses with much-needed financial help.

With the help of the city of Dayton, the Urban League was able to launch a relief fund that awards micro-grants to minority-and women-owned businesses.

The micro-grants are a part of the Dayton Resiliency Fund, which launched in February.

Since that time, the Urban League has been able to award over twenty micro-grants to businesses, ranging from $1,000 – $10,000.

To qualify, businesses had to be six-months old, and had to explain how the pandemic affected their business’ finances.

Roenisha Wallace, a recipient of $1,000 for her vending machine business, said, “This funding definitely has helped me grow and expand my business,” commenting that she will no longer have to take out a loan to operate.

The Urban League will open applications for a third round of funding next week.

To get more information, please read the original article here.