Cincinnati Chamber Foundation and Duke Energy partner to provide small business relief grants to support women, veteran, and minority-owned small businesses
For Immediate Release
CINCINNATI — August 26, 2021 – The Cincinnati Regional Chamber Foundation is pleased to announce that, in partnership with the Duke Energy Foundation, it will provide $75,000 in financial assistance for women-, veteran- and minority-owned small businesses in the Cincinnati region.
The Cincinnati Chamber Foundation will be selecting and distributing grants of $5,000 each to women-, veteran- and minority-owned small businesses in need of general relief. The grants will provide financial assistance to help businesses recover from the economic effects brought on by COVID. This is the second year of this highly successful program in partnership with Duke Energy.
“The Chamber remains fully committed to supporting the region’s small business community especially in a season when business owners are still experiencing the economic strain of the pandemic,” said Jill Meyer, president and CEO of the Cincinnati USA Regional Chamber. “We are grateful to Duke Energy for partnering with us on this critically important effort to provide relief to those businesses that might be under-resourced.”
“Our small business customers, which are a foundation of our communities, continue to struggle as the pandemic persists,” said Amy Spiller, president of Duke Energy Ohio and Kentucky. “This meaningful program with the Cincinnati Chamber allows us to have a direct impact on these customers to help them succeed.”
Previous recipient, Derrick Braziel from Pata Roja Taqueria said, “Pata Roja Taqueria is immensely grateful for the Duke Energy Foundation and Cincinnati Chamber Foundation grant program. We’ve had our best year yet and it’s due to support from Duke and the Chamber.”
Both Chamber members and non-members are eligible to apply for the funding. Applicants must have less than $1 million in annual revenues and fewer than employees.
For more information on grant eligibility and how to apply go to www.cincinnatichamber.com/DukeFund. Application deadline is September 17.
Details on the grant funding:
Qualified costs for relief fund recipients include payroll support, paid sick or medical leave, insurance premiums, mortgage payments, and any other debt obligations. Recipients may also use funds toward legal or technical assistance for small businesses in navigating new federal and state programs.
Customers may not use the relief funds to pay for their Duke Energy utility bill.
Duke Energy Foundation
The Duke Energy Foundation provides philanthropic support to meet the needs of communities where Duke Energy customers live and work. The foundation contributes more than $30 million annually in charitable gifts, and is funded by Duke Energy shareholder dollars. More information about the foundation and its Powerful Communities program can be found at duke-energy.com/foundation.
About the Cincinnati Chamber Foundation
The Chamber Foundation’s mission is to develop and promote economic development, talent initiatives and the unique offerings in the Cincinnati region. As a part of those efforts, the Chamber Foundation currently supports a wide variety of work of the Cincinnati USA Regional Chamber, including talent initiatives, diversity, and inclusion efforts, fundraising for a variety of programming, BLINK®, the Workforce Innovation Center, and the Minority Business Accelerator. In addition, the Foundation routinely serves as a fiscal sponsor for a wide range of efforts by affiliates and other economic development initiatives focused on building economic vibrancy across the entire region. The Cincinnati USA Regional Chamber Foundation's mission is to generate resources and supply capital to the Cincinnati Chamber in support of its efforts.
About the Cincinnati USA Regional Chamber
The Cincinnati USA Regional Chamber’s mission is to grow the vibrancy and economic prosperity of the Cincinnati region. The Chamber team is working on behalf of member businesses to ignite business resiliency and inclusive growth, to invest in the people who call this region home, to lead regional connectivity through collaboration, and to champion the region’s unique advantages. The Chamber is powered by inclusion, regional thinking, data, policy, and relationships. The Cincinnati Chamber’s vision is that the region embodies the Future City, where business growth delivers the economic platform that accelerates opportunity for everyone who calls this region home. For more information, visit www.cincinnatichamber.com.
Contact: Danielle Wilson, Vice President of Strategic Marketing & Communications, Cincinnati USA Regional Chamber, email@example.com