[Mpls] REGARDING MY EARLIER POST:COMMENTS
Jhpalmerjp at aol.com
Jhpalmerjp at aol.com
Tue Jul 5 18:39:04 CDT 2005
>>vanessabucca at msn.com writes:
At times it seems as though more police would be needed. However, more
police would not be needed if the infrastructure of the area were more
economically sound. Or if the city’s empowerment zone would allow dollars to those
wishing to start their own businesses, other than nails; liquor; knock off
clothing stores, and corner “hood” stores selling outdated WIC (Women Infant‘s and
Children), in addition to selling cigarettes cheaper than any other place in
the city.<<
JP:
I agree wholeheartedly with Vanessa. A clear connection can be seen between
the economic investment in a community and the amount of crime and poverty
that exists there. The higher the investment, the lower the other two become.
Sound economic investment is key to diminishing and ultimately eradicating
crime from areas.
To that end, while the Empowerment Zone has put funding into a number of
businesses and initiatives, it has never put money into "nails; liquor; knock
off clothing stores, and corner “hood” stores selling outdated WIC (Women
Infant‘s and Children)" to my knowledge. In my mind, that approach would be
counterproductive to helping the community.
What we have funded are places like Café Tata Bunna, El Amin's Fish House,
Lucille's Kitchen, the Franklin Bakery, Siyeza and a host of others. We also
provide funds through the West Broadway Area Coalition for West Broadway
businesses to do façade improvements and we provide free technical assistance and
small business loans to EZ business through four providers: NRRC,
WomenVenture, MCCD and Whittier CDC. In fact in the course of our 5 1/2 years, $10.4
Million (of our $25.8 Million) has been committed to 34 economic development
projects and initiatives, which have served 1,174 persons, trained 170
residents and created or retained 485 resident jobs. 65 EZ business loans have
been processed and 441 EZ businesses have received technical assistance.
Many people are not fully aware of what we do and don't do, I encourage
people to check out our website (www.ci.minneapolis.mn.us/ez) or email me
directly at work at: jonathan.palmer at ci.minneapolis.mn.us with any questions. On
our end, we're trying to get the word out more of the resources we have to
offer.
In addition, the City has a great Business Finance division which works with
businesses to find resources and funding, they even put out a free guide on
how to start a business. Bob Lind heads that up, and is another great person
to talk with. Bottom line is that both the EZ and the Business Finance
division are here to help and have been assisting people as they start up or
expand their business, primarily small businesses. Many people are not aware of
the resources available to them, and I would encourage anyone to contact my
office or other divisions for assistance.
Jonathan Palmer
Victory
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