The state of Ohio has awarded $320,000 to the Greater Cincinnati and Northern Kentucky African American Chamber to help grow minority-owned and disadvantaged businesses.
Chamber President Sean Rugless announced the grant from the Ohio Development Services Agency on Thursday. The money will be used to fund the Minority Business Assistance Center at the chamber, which serves a 17-county area in southern Ohio.
“This marks a six-year partnership that has been in place,” Rugless said. “The renewal serves as fuel for expanding opportunities.”
The amount is less than the chamber has received in the past, Rugless said after the news conference. In previous awards, the local Minority Business Assistance Center has gotten $200,000 per year. But the state has opened up two additional assistance centers in Ohio, Rugless said, adding that he’s pleased with the continued commitment.
The chamber and Minority Business Assistance Center have gotten results, he said. Over the past three years, minority business owners who have participated in the programs have:
• Gotten more than $60 million in contracts and business opportunities
• Created or retained more than 1,000 jobs
• Generated a total annual payroll of more than $500,000
SOURCE: Lucy May