CORAL SPRINGS, FL – Since launching a program to help local companies secure public funds to get through the coronavirus emergency, Coral Springs officials said Monday they have helped 64 businesses qualify for more than $1 million in grants and loans.
The City of Coral Springs “Connecting Local Businesses to Grants and Loans” program started on April 16 to assist businesses in applying for cumbersome state and federal grants as well as researching other grant opportunities.
To date, Coral Springs businesses have received $1,047,413 in grant and federal funding through assistance from the city staff.
“We recognized early on during the pandemic that our business community was having trouble navigating the grants and loan process,” said Kristi Bartlett, the city’s economic development director. “Many had never had to apply for federal or grant funding, so the assistance the city provided to help businesses through the process was a great benefit. This program, in addition to the Coral Springs Back in Business grant program, are some of the many ways we are assisting our valued business community.”
Learn more about the Coral Springs program and other economic development initiatives here.
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