ASHEVILLE â Mountain BizWorks, with offices in Boone and Asheville, announced on Dec. 28 that it received a $250,000 Open for Business grant from Wells Fargo Foundation.
Mountain BizWorks is a U.S. Treasury certified nonprofit community development financial institution. The organization stated that the grant enables Mountain BizWorks to further its programs to help local businesses survive and rebound from the COVID-19 pandemic. In particular, the support will expand Mountain BizWorksâ Catalyst Program to assist entrepreneurs that might lack access to bank lending opportunities. Two Catalyst participants have already received funding from the grant: Sole82 and Safe Plus More.
Mountain BizWorks spokesperson Justin Thompson said funding from the grant is available to those within the agencyâs 26-county service footprint â including Watauga, Ashe and Avery counties.
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ASHEVILLE – Mountain BizWorks, a U.S. Treasury certified non-profit community development financial institution (CDFI), has announced that it has received an Open for Business grant from Wells Fargo Foundation. The grant enables Mountain BizWorks to further its programs to help local businesses survive and rebound from the COVID-19 pandemic. In particular, the support will expand Mountain BizWorks’ Catalyst Program to assist entrepreneurs that might lack access to bank lending opportunities. Two Catalyst participants have already received funding from the grant: Sole82 and Safe Plus More.
Lawrence City Hall, 6 E. Sixth St., is pictured Thursday, July 7, 2016.
City leaders have approved sales and property tax breaks for the expansion of an alcoholic beverage distribution company in northern Lawrence.
As part of its meeting Tuesday, the Lawrence City Commission voted unanimously to approve an economic development assistance request from LRICO Services LLC to expand the existing Standard Beverage building located in the Timberedge Industrial Park. Commissioners said they were supportive of the company’s project.
“I do really appreciate the fact that they are wanting to move forward with a project here in Lawrence, and that they continue to have faith in Lawrence and want to stay here and grow,” Commissioner Lisa Larsen said.
Lawrence City Hall, 6 E. Sixth St., is pictured on May 3, 2016.
City leaders will soon consider providing sales and property tax breaks for the expansion of an alcoholic beverage distribution company in northern Lawrence.
As part of its meeting Tuesday, the Lawrence City Commission will consider an economic development assistance request from LRICO Services LLC to expand the existing Standard Beverage building located in the Timberedge Industrial Park, according to a city staff memo to the commission. The company is looking for sales tax exemptions on construction materials and labor as well as a 10-year property tax abatement.
Standard Beverage is a Kansas-owned distributor of spirits, wines and beer founded in 1949, according to application materials. The company’s primary distribution facility in Lawrence was established in 1989 and it currently has 140 employees. Hourly warehouse and delivery employees at the facility earn an average wage of $20 per hour.
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