Akron, OH launches the Targeted Help for Resilient Innovative Entrepreneurs (THRIVE) program

Akron, OH THRIVE program black-owned business support

The City of Akron is launching the Targeted Help for Resilient Innovative Entrepreneurs (THRIVE) program to grow local Black-owned businesses. The THRIVE program will use a unique "medical rounds" approach that pairs entrepreneurs with a THRIVE Entrepreneurship Pathway Advisor (TEPA) to guide them through a suite of financial support and expert resources. The city hopes that the THRIVE program will create 200 new Black-owned businesses by 2030.

AO

Akron, OH

Municipality in Ohio

United States

Newsworthy

LC

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Akron was selected as a finalist in the 2021 Global Mayors Challenge for its THRIVE program, which seeks to launch more Black-owned businesses as a way to increase wealth in the Black community, reduce poverty and grow the local economy.

Akron in top 50 for $1 million Bloomberg Philanthropies Mayors grant

Bloomberg Philanthropies announced Tuesday morning that Akron Mayor Dan Horrigan is among 50 in the world still in the hunt for the $1 million grants.