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City of Jacksonville and Jacksonville-Onslow Economic Development to Create Small Business Revolving Loan Fund

Dec 31, 2024•over 1 year ago

Contract Type

partnership

JacksonvilleNon ProfitGovernment

Description

The City of Jacksonville aims to partner with Jacksonville-Onslow Economic Development to establish a small business revolving loan fund, with a focus on downtown entrepreneurship. The fund, if approved, will provide an additional $50,000 to support the growth and revitalization of downtown businesses.

Company Information

Company

City of Jacksonville

Location

Jacksonville, North Carolina, United States

About

City of Jacksonville is a local government organization located in Jacksonville, N.C. focused on community development and economic growth.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months