We just received confirmation from the NC Department of Commerce, the two downtown New Bern projects submitted January 6 through the City for a $100,000 Main Street Solutions grant are being funded. Swiss Bear and the City Planning staff worked with Haroldson Properties and the Craven Arts Council submitting a grant request for expansion of the retail space in the Bank of the Arts to increase revenues and promote the work of local artists and renovation of the old Pak A Sak supermarket for use as a wholesale furniture outlet. The Main Street Solutions Fund (MSSF), a reimbursable matching grant program awards grants to eligible local governments for projects that strengthen the local economy by leveraging funds for small business development. The match for eligible projects, two non-state dollars for every dollar and requires the creation of one job for every $25,000. The City will monitor and administer the grant for the two recipients of the MSSF money.
We are thrilled the two projects met the qualifications and both will be great additions to the downtown business mix.
Susan Moffat Thomas
Executive Director
Susan Moffat Thomas
Executive Director
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