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Committee reviews ARPA small‑business implementation progress and approves RFP for $100,000 impact study
Summary
Economic Development staff summarized ARPA‑funded small business programs and proposed a $100,000 competitive solicitation to measure the impact of investments since 2020; the committee discussed performance metrics, program continuation and partnerships.
Economic Development Department staff on Feb. 25 reviewed the city’s ARPA‑funded small business implementation plan, reported performance metrics and announced a competitive solicitation to commission an impact study of the small business ecosystem.
Caitlin Cowart, manager in the Economic Development Department, summarized five priority areas of the ARPA implementation plan with a $33.9 million allocation across access to capital, capacity building, ecosystem enhancement, localism and geographic placemaking. Cowart said nearly 2,000 participants have benefited from city programs to date and highlighted several named initiatives, including a 0% interest loan buy‑down program, LaunchSA enhancements, facade and outdoor space matching grants and corridor leadership work through the…
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