The Fifth Third Small Business Catalyst Fund awarded nearly $250,000 in grants to almost 50 small businesses across the U.S. These inaugural grants aim to broaden financial access and drive future growth for locally-owned businesses.
The Small Business Catalyst Fund, a $7.85 million initiative launched last fall in partnership with Community Reinvestment Fund, USA (CRF), connects small and micro business owners with capital options when traditional lending is not available.
Grant recipients include The Country Meat Co. Marketplace in Cincinnati’s Avondale neighborhood, which became the community’s first grocery store in 17 years. This support helps ease food-related financial strain and provides access to nutritional education.
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