Salt Lake County receive a $600,000 grant from the Environmental Protection Agency (EPA) to assess contaminated properties known as "Brownfields" and return them to productive use.
Salt Lake County launches effort to help more local businesses survive deseret.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deseret.com Daily Mail and Mail on Sunday newspapers.
SALT LAKE CITY A new program hopes to help more businesses recover from the COVID-19 pandemic.
This week, Salt Lake County is launching the Economic Inclusion Community Assistance Program aimed at mitigating the K-shaped economic recovery resulting from the effects of the coronavirus pandemic.
Business Insider characterizes a K-shaped recovery as a scenario where certain industries and individuals pull out of a recession, while others stagnate, basically splitting an economy in two with separations along class, racial, geographic or industry lines. The K-shaped recovery typically reveals previous variances and inequities in wealth that can be exacerbated.
In the wake of the economic turmoil caused by the pandemic, the county is seeking to address those gaps in connecting diverse business owners with existing resources that have otherwise gone underutilized or unknown to potential small business recipients, said Salt Lake County Economic Development Director Jevon Gibb.