City of Birmingham awards $808,000 to facilitate economic development through BOLD program
The City of Birmingham has awarded more than $800,000 to seven area organizations whose missions are rooted in creating a more inclusive and resilient community. The BOLD funding program, which stands for Building Opportunities for Lasting Development, provides financial support to organizations and agencies that take creative, evidence-based approaches to advancing economic and community development in Birmingham.
“I am thrilled to continue funding local organizations through the BOLD program who work diligently to support our residents with innovative programming and resources,” said Birmingham Mayor Randall L. Woodfin. “An investment in these organizations is an investment in the future of Birmingham.”
Funding was allocated across six categories: small businesses; minority-, women-, and disadvantaged business enterprises (MWDBEs); workforce development; overcoming barriers; Birmingham’s neighborhoods; and data-driven Innovation.
“We invest in partners through the BOLD funding program because they serving our residents to improve quality of life and place, which is the groundwork for advancing economic opportunity in Birmingham’s 99 neighborhoods.,” said Coreata Houser, deputy director of the Department of Innovation and Economic Opportunity. “BOLD has supported more than 5,000 Birmingham residents and 2,000 small businesses since it began five years ago.”
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