Thursday, November 21, 2024
11/21/2024
<table border="0" cellspacing="0" cellpadding="0"> <tbody> <tr height="266"> <td class="xl78" width="864" height="266">Economic and Community Development Institute (ECDI) will use CED Social Enterprise funds to support the Social Enterprise Hub, an incubator that will support the growth of social enterprise businesses in Columbus and Cleveland, Ohio. The Social Enterprise Hub will provide loans to participating social enterprises, provide incubator services, technical assistance, and access to support staff who will provide direct services to the social enterprises. This will allow the social enterprises to become profitable and create jobs for the low-income, target populations. It will incubate for-profit and non-profit enterprises who are committed to 1) reinvesting profits back into the community to solve an issue or help a specific segment of the population, or 2) implementing supportive employment practices that center on inclusivity and upward mobility of populations facing significant barriers to employment and self-sufficiency. Initially, the Social Enterprise Hub will support five social enterprises: First Step, a transitional job placement model that provides wrap-around services, will utilize co-working space and technical assistance; the 21<span><sup>st</sup></span><span> Century Edu-Care Center, which will utilize loan capital to continue to provide culturally competent child care and early education services to immigrants and refugees; Chateau Hough, an urban vineyard and winery which will utilize loan capitalize and individualized support services; Braids by Brandy, a natural hair salon that will help formerly incarcerated women re-enter their communities with opportunities to gain certification as a natural hair stylist; and Barroluco, an Argentinian food truck that will expand into an event space. This project will serve communities in an Opportunity Zone. </span></td> </tr> </tbody> </table>
HHS’ Tracking Accountability in Government Grants System (TAGGS) website provides access to detailed descriptions of grants, loans, aggregated direct payments and other types of financial assistance awarded by the HHS Operating Divisions (OPDIVs) and the Office of the Secretary Staff Divisions (STAFFDIVs).
