City selects 56 businesses for South St. Pete microfund program
June 16, 2023 - After St. Petersburg Mayor Ken Welch recently announced the rollout of the South St. Petersburg CRA (Community Redevelopment Area) Microfund program to create new accessible funding pot for business owners, the city has selected 56 businesses for the program. Over the next few months, business owners will work to develop a personalized capacity-building plan, a business and spending plan, and complete several surveys and a final report. Upon completion of the program, each cohort participant will be eligible to receive up to $10,000 to be used at their discretion based on their planning with their Greenhouse Navigator, according to the city's Thursday announcement.