Chattanooga city Construction of a new business resource centre funded through the American Rescue Plan Act has begun.
With a $1.8 million budget, the new center will serve as a resource for local entrepreneurs, focusing on people facing historically barriers to access business support and fundraising.
“The centre is to expand opportunities in the service of property, a pillar of one Chattanooga plan,” Mayor Tim Kelly said. When we create spaces where business owners can access the right tools, expertise and funds, we make sure everyone is. Especially those in underserved communities have A fair shot of success. ”
Located at 332 East Martin Luther King Boulevard, the centre offers technical assistance, funding opportunities and access to legal and accounting services. The facility is scheduled to open in October 2025 and will feature ADA-accessible training rooms and on-site support from lenders such as:
Community Development Finance AgencySmall and Medium Enterprise Management Local credit unions
“As opposed to replicating existing services, business resource centres are more likely to unify them, navigate the opportunities available to entrepreneurs and receive the practical support they need to succeed,” he said. said Sarah Mattson, city director of entrepreneurship.
For more information, please see Chattanooga City website.
