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Fund for Small Businesses Worth $3Million Approved in Kalamazoo
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Fund for Small Businesses Worth $3Million Approved in Kalamazoo
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Kalamazoo approves $3.1M expansion of small business loan fund program
Updated Mar 01, 2021;
Posted Mar 01, 2021
The Michigan Department of Transportation announced single-lane closures for traffic signal work at the intersection of M-43 and Harrison Street will begin this Friday. The intersection is near several prominent businesses and a Kalamazoo welcome sign on the east side of downtown. (Malachi Barrett | MLive.com) Malachi Barrett
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KALAMAZOO, MI The Kalamazoo City Commission approved an agreement with the United Way of the Battle Creek and Kalamazoo Region (UWBCKR) to expand the Kalamazoo Small Business Loan Fund Program.
The city commission voted at its Monday, March 1, meeting to approve the expansion as part of the meeting’s consent agenda.
Kalamazoo, MI, USA / WKZO | Everything Kalamazoo | 590 AM · 106.9 FM
Mar 1, 2021 8:12 PM
Kalamazoo City Commissioners meet on 3/1/21. (Photo via City of Kalamazoo YouTube Channel through Zoom meeting).
KALAMAZOO, MI (WKZO AM/FM) The City of Kalamazoo has approved a three-year partnership program with the United Way of the Battle Creek and Kalamazoo Region (UWBCKR) for continued support of small businesses.
According to city documents, the city will now expand its Kalamazoo Small Business Loan Fund Program (KSBLF). Under that agreement, the program will use $1,038,500 annually over a three-year period, with a total investment of $3,115,500, from the Foundation for Excellence (FFE) Aspirational Fund.