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Council approves $80,000 to expand Cypress University NextUp business grants to 32 recipients
Summary
Council voted unanimously to appropriate an additional $80,000 to the NextUp Business Growth program (Cypress University), enabling all 32 qualified applicants to receive a $10,000 grant and six weeks of business training. Program eligibility limits awards to local small businesses with 2–100 employees.
The City Council unanimously approved a request to allocate an additional $80,000 to expand the NextUp Business Growth program run under the Cypress University initiative, enabling all 32 eligible applicants to participate and receive $10,000 grants.
Christopher Wong, the city’s business development manager, summarized the program: the city previously allocated $325,000 to Cypress…
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