Duke Energy announced 10 economic development grants within the Ohio-Kentucky service area totaling more than $320,000 to be used to spur commercial redevelopment activities.
Of those 10 grants, HCDC has partnered with 4 grant recipients: Price Hill, Northside, College Hill and East Walnut Hills to provide business coaching and retention services. Duke Energy’s generous investment, totaling $95,000 in the four communities, brings much needed services to small businesses that otherwise would not have the means to access technical assistance.
In keeping with the goal of supporting businesses and job growth in the urban core communities, these pilot partnerships with HCDC and the four communities build on the momentum of previous Duke Energy projects with HCDC, including Hamilton County’s Business Retention Council.
“These 4 communities have a real momentum and capacity for business growth which is why these grants are so important,” said David Main, President of HCDC. “Duke Energy’s investment is the catalyst that not only will open doors for our local businesses but it will help them keep their doors open.”