Mayor Jackson Announces Neighborhood Transformation Initiative Retail Incubator Finalists

Straight from City Hall

As part of Mayor Frank G. Jackson’s
$65 million Neighborhood
Transformation Initiative (NTI)
, seven local entrepreneurs will
launch businesses in the Glenville neighborhood. The small businesses are part
of the initiative’s retail incubator program and will be housed in Glenville
Circle North, a new mixed-use development set to open in summer 2019.

“The NTI Retail Incubator program is
a small part of an overall effort to rebuild a distressed neighborhood and
rebuild the economy of that neighborhood,” said Mayor Frank G. Jackson. “It is
designed to help create wealth by providing support to entrepreneurs who supply
goods and services to the neighborhood.”

Introduced in May 2017, Mayor
Jackson’s NTI involves dozens of private and philanthropic community partners,
working to revitalize Cleveland’s neighborhoods
and spur entrepreneurial growth. Assistance for neighborhood residents
includes: new home construction on vacant land, down payment assistance for
rehabilitated homes, senior home repair assistance and more…

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