- June 25, 2021
- Posted by: Stratford Team
- Category: Business
YOUNGSTOWN — The city is giving five more businesses money to help them recover from the COVID-19 pandemic.
The board of control on Thursday approved three $10,000 grants as well as a $6,000 grant and a $3,600 one.
That brings the number of businesses to 15 that have benefited from the city grants.
The city’s COVID-19 business stabilization program is designed to help small businesses create and retain jobs in eligible low-income census tracts.
The fund has $220,000 in it with $200,000 from the city’s Community Development Block Grant fund by way of federal COVID-19 relief money and $20,000 from the KeyBank Business Boost and Build Program.
Businesses with three to 25 employees were eligible for operating expenses going back to March 15, 2020, for up to $10,000 each.
The board approved five $10,000 grants May 27, and five $10,000 grants and a $9,600 grant June 11.
The three $10,000 grants awarded by the board Thursday went to:
• Advantage Video…