MAPLE HEIGHTS

MAPLE HEIGHTS  

MAPLE HEIGHTS SMALL BUSINESS PARTNERSHIP PROGRAM

On Tuesday, February 13, during a press conference at the new Van Aken District in Shaker Heights, Mayor Blackwell and three other communities were awarded a $150,000 small business performance grant from Cuyahoga County.

 

This performance grant is a public private partnership between the City of Maple Heights, Cuyahoga County and the Small Business Administration.

 

The Maple Heights Small Business Partnership Program provides qualifying small businesses with a 15% performance grant which will supplement their own equity contribution of 10% to a project. Upon completion of the project, 15% of the project cost is forgiven, if requirements are met.

Applications will be available shortly, please check back on the City website.

PRESS RELEASE

 

 

City of Maple Heights Awarded $150,000 Municipal County Small Business Initiative Grant

 

Maple Heights, OH - The city of Maple Heights has been awarded a $150,000 Municipal County Small Business Initiative Grant from Cuyahoga County in partnership with the Small Business Administration (SBA). The grant will be used to help fund the city’s Small Business Partnership Program which provides assistance to small business startups and expansions in the city. To qualify for the grant, the city was required to contribute $50,000 to the program, be an inner-ring city, show evidence of capacity to run the program and provide details of their approach. Out of the 22 inner-ring cities that were asked to submit an application, only 4 cities were granted the award.

 

“Since becoming Mayor in 2016, economic development has been a priority and a charge that I take very seriously,” said Maple Heights Mayor Annette Blackwell. “As such, we are poised and ready to advance the city’s development agenda. Funding through this program is a critical piece to retaining and promoting jobs in our community.”

Applicants for funding will include small businesses and manufacturers, ethnic businesses, startups and economically disadvantaged businesses. Activities eligible for funding are property acquisition, new construction, signage, renovations and purchase of machinery and equipment.

 

inSITE Advisory Group assisted the city with the grant application and will continue to work with Mayor Blackwell to further develop and implement the program as well as to develop materials that will be used to help identify and attract small businesses to the city. Emphasis will be on minority and female-owned businesses.

 

Furthering her development initiatives, Mayor Blackwell will be hosting a roundtable discussion to be held on October 10, 2017 to celebrate National Manufacturing Month. The event will focus on workforce development and early career early education programs for middle and high school students. Additional details and the location for the event will be posted on the City’s website and announced at a later date.

 

For more information on these and other city programs, please contact the Mayor’s Office at 216.587.9011

Mayor Blackwell accepts a ceremonial check from County Executive, Armond Budish (right) and Chief Economic Development and Business Officer, Ted Carter. (left)

 

1. Maple Heights Small Business Performance Grant allows the City to offer support for small businesses, startups and entrepreneurs.

 

2. From new signage and façade improvements to new equipment and building upgrades this program will assist our local small business community in making improvements to their buildings.

 

3. This program will improve loan-to-value ratios, decrease risk and help encourage additional business retention and expansion.

 

4. We plan to begin accepting applications later this month and are pleased to report we have a wait list of 15 businesses who are interested in this program!

Mayor Blackwell accepts a ceremonial check from County Executive, Armond Budish (right) and Chief Economic Development and Business Officer, Ted Carter. (left)