Birmingham’s new Magic City Match initiative offers financial aid to local black-owned businesses
Good news for black-owned businesses in Birmingham: there’s now an opportunity to apply for funding and resources, setting the stage for remarkable growth. This initiative has the potential to provide significant financial support, possibly up to the hundreds of thousands.
This effort, named “Magic City Match”, is structured to aid businesses in three different growth stages. Beyond just financial assistance, there’s also the opportunity for these businesses to find suitable brick and mortar spaces in Birmingham, ensuring they flourish in the local community.
Driving this commendable initiative forward is REV Birmingham. Their studies indicate a pressing need to support the city’s black-owned businesses. The Magic City Match aims to help these entrepreneurs elevate their ventures, presenting a chance to create lasting legacies for their families and the community at large.
It’s essential to act swiftly, as the application process is open only until October 15th. The selection is limited to about 15 entrepreneurs, making this a prime opportunity not to be missed.
Source: WVTM 13, PATSY DOUGLAS