One-third of applicants receive funding, many also receive additional TIF funding.
Taurance Thomas has sold hospital scrubs to select customers for more than seven years, but his dream is to open a brick-and-mortar retail store in Springfield that focuses on urban clothing.
The 50-year-old Springfield resident hopes to bring that dream to fruition by the end of the year in a leased building at 2701 Old Rochester Road.
The $40,000 that Thomas' business, Urban Vines, was awarded recently through the city's Business Assistance Cannabis Grant Program, along with an additional $40,000 in tax-increment financing funds that most grant recipients qualified for, were key to the project's progress, Thomas said.
(Originally posted by Cannabis News)