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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 ProfitGovernmentDescription
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.
Agreement Insights
Based on industry dataStrategic 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