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Holcomb, IBE partner to expand small business resources

(photo courtesy of Indiana Black Expo)

INDIANAPOLIS, Ind. (Inside INdiana Business) – Governor Eric Holcomb says the state is continuing efforts to support Indiana small businesses and entrepreneurs. Holcomb’s office has announced a new partnership with Indiana Black Expo Inc. to increase access to economic and workforce recovery programs for minority employers.

The governor has approved $500,000 in federal CARES Act funding to support minority-owned businesses and entrepreneurs and communities negatively impacted by COVID-19. Holcomb’s office says the partnership will expand education, community outreach and new programming.

“As a state, we’re committed to ensuring that our businesses and our people have access to vital economic and workforce assistance during this unprecedented time,” said Holcomb. “Launching this new partnership with Indiana Black Expo will expand the state’s capacity to provide critical COVID-19 resources to minority businesses and workers, while further positioning Indiana for long-term, sustainable economic recovery.”

Holcomb’s office says the funding will enable IBE to launch a targeted, statewide promotional campaign and develop community outreach programs to raise awareness of available resources and funding.

Small business owners are being encouraged to apply for funding available through state and federal programs.

In addition to the IBE partnership, the state says small businesses of all types can still apply for assistance through the Small Business Restart Fund and the federal Paycheck Protection Program. You can connect to more information on all of the resources being offered by the state by clicking here.