Commission discusses utility‑deposit barrier for downtown startups
Commissioners and partners flagged utility deposits as a major obstacle to new downtown businesses and discussed grants or incubator subsidies to help cover first‑year costs; the exact deposit amount cited in the meeting was described as approximate.
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Commissioners at the Aug. 10 meeting described initial utility‑deposit and hookup costs as a frequent reason new downtown businesses fail in their first year and discussed using ERC resources or grants to lower that barrier.
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