On Wednesday, city leaders announced the recipients of the Business Opportunity Hub grants, meant to support nonprofit organizations within the city’s designated low-income six Corridors of Opportunity. The $4.45 million was allocated after City Council approval on Monday.
Speaking in west Charlotte, Mayor Vi Lyles said the grants will create a more equitable city.
“The Business Opportunity Hub grant not only empowers the Corridor but strengthens all of Charlotte, ensuring that our city’s future is one of inclusivity and prosperity,” Lyles said.
The following nonprofits will receive money:
- Albemarle/Central Avenue: Latina America Chamber of Commerce
- Sugar Creek: She Built This City
- Beatties Ford/Rozelles Ferry: LISC Charlotte
- Freedom/Wilkinson: Freedom Communities
- North End: The Hispanic Contractor Association of the Carolinas
- West Boulevard: The NEO Foundation
"We are thrilled to partner with the City of Charlotte to bring an Entrepreneurship Hub to the Freedom Drive Corridor," said Hannah Beavers, executive director of Freedom Communities.
"The Hub will provide both an affordable space to operate and a space to receive advice, training, and connections to support West Side entrepreneurs with taking their businesses to the next level, attribution," said Beavers.
The Corridors of Opportunity are areas in Charlotte that have been historically underserved and the city wants to spark growth in those locations for future generations.
