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JSEB committee backs raising minimum program funding to $750,000
Summary
The Jacksonville Small and Emerging Business (JSEB) special committee approved a change to city code raising the program's minimum annual allotment from $500,000 to $750,000; the change will require legislation to amend the ordinance and administration buy-in for budget execution.
The JSEB special committee voted to increase the JSEB program's minimum funding allocation from $500,000 to $750,000.
Committee members said the higher minimum is intended to support four newly launched entrepreneurship education centers and expand resources for small businesses that pursue city contracts.
The committee's motion to raise the minimum was made on the record and seconded; members responded by voice vote in…
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