Mayor outlines added support for Black, minority-owned businesses

Mayor Greg Fischer today highlighted Louisville Metro Government’s efforts to provide more support and resources to help Black and other minority residents start and grow businesses.

Despite Black residents accounting for 23.4% of Louisville’s population, only 2.4% of businesses in Louisville are Black owned.

“We recognize that we are not going to reverse the effects of redlining, disinvestment and disenfranchisement overnight. It is going to take time and dollars,” the Mayor said. “Knowing that Black and other minority-owned businesses do not have access to the same resources that many white business owners do, we are increasing even more our intentionality around additional support structures for those businesses in the Fiscal Year 2022 budget.”

In the Fiscal Year 22 budget, Louisville Metro allocated more than $13 million to fund initiatives aimed at supporting Black and other minority-owned businesses, including:

  • $25,000 to support…

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