Over $1 Million Awarded to Help Small Businesses

Over $1 Million Awarded to Help Small Businesses

Over $1 million has been awarded to local, small businesses to help offset negative impacts from the COVID-19 pandemic. Made possible through funding from the American Rescue Plan, the city has awarded over $1 million to 110 local small businesses, affecting 659 local employees.

“This would not have been possible without funds from the American Rescue Plan and bipartisan support from the New Albany City Council,” stated Mayor Jeff Gahan. “Local small businesses are a key part of New Albany’s success, and this action helps over 100 local businesses keep employees on payroll and continue operating in New Albany. We are proud to be able to offer this kind of support to our hardworking local businesses and their employees.”

“We recognize that small businesses were heavily affected by the COVID-19 pandemic, and these funds will hopefully offset some of those negative impacts and aid in their economic recovery,” stated Josh Staten, Director of Economic Development and Redevelopment at the City of New Albany.