DATE: September 27, 2016
MEDIA CONTACT: Steven Tinsley, Broward County Office of Economic and Small Business Development
PHONE: 954-357-6400
EMAIL: Stinsley@broward.org
Broward County, FL - The Broward County Commission recently approved an Economic Development Program for the Broward Municipal Services District (BMSD). The program is part of the County Commission's ongoing revitalization efforts and consists of a combination of matching grants, strategic land assembly and a revolving loan fund. The program seeks to enhance the potential long-term viability of existing businesses located along the BMSD Commercial corridors and create opportunities for new private investment in the area.
"Several businesses in the BMSD have already shown interest in the program," stated Sandy-Michael McDonald, Director of the Broward County Office of Economic and Small Business Development. "Our goals are to assist them in enhancing the look and feel of the area and help position their businesses to be competitive well into the future."
The Economic Development Program focuses primarily on businesses along the BMSD commercial corridors and includes the following components:
- Facade/Property Improvement Grant Program
- Business Development/Redevelopment Grant Program
- Demolition Matching Grant Program
- Strategic Land Assembly Program
- Revolving Loan Fund
Approval of the Economic Development Program is one of several new initiatives by the Broward County Commission designed to spur development. Additional initiatives include a $1 million Complete Streets road improvement project for NW 27th Avenue and construction of 18 new single family residences at the Southeast corner of NW 27th Avenue and Sunrise Boulevard.
For more information on the Economic Development Program for the BMSD and the County's other Retention and Expansion activities, contact Steven Tinsley, Economic Development Manager, at 954-357-6400 or visit us online.
About Economic and Small Business Development
The mission of the Office of Economic and Small Business Development is to enhance Broward County's economy and contribute to an improved quality of life for all residents. Areas of focus include value-added job creation, business expansion and retention, small business growth, business development, international trade development, export readiness and entrepreneurial training and development. Services are delivered by the agency and through partnerships with state, local and private sector organizations. The Office of Economic and Small Business Development promotes equal access to Broward County procurement opportunities for small business enterprises in local and federal small business programs, and helps position small businesses and aspiring entrepreneurs to take advantage of opportunities, and grow their businesses beyond Broward. Call 954-357-6400 for more information or visit Broward.org/EconDev.