Overview:
• Hamilton County Small Business Day celebrated thriving small businesses with over 1,400 entrepreneurs.
• Commissioners announced a new program with Alloy Development Co. to help small businesses become commercial property owners.
• Alloy is a marketplace and growth lab for startups based in Cincinnati.
The state of Hamilton County Small Business is booming.
Hamilton County Commissioners marked the first year of the Office of Small Business report on the State of Small Business by announcing a new program to increase commercial property ownership among small businesses.
Hamilton County Commissioners teamed up with Alloy Development Co. and the Greater Cincinnati & Northern Kentucky African American Chamber of Commerce in hosting the second-annual Hamilton County Small Business Day. Over 1,400 entrepreneurs RSVP’d to grow their small businesses and startups at the Sharonville Convention Center on May 20.
Commissioners kicked off the event by announcing a new program designed to increase the number of small businesses commercial property owners in the county. The Hamilton County Downpayment Match Program run by Alloy, offers an assistance match up to $50,000 small businesses that qualify for an SBA 504 Loan but face the common obstacle of insufficient funds for the down payment.
Alloy Development Co., based in Cincinnati, is a marketplace where organizations, businesses and communities can find the resources they need to grow. Alloy is a commercial capital lender, a growth lab for startups and an economic development partner all under one roof, which makes it an active and influential business partner, able to assist any organization at any stage of growth.
For information, visit alloydev.org or email dpmatch@alloydev.org.