Sioux Falls group gets $1 million to help business startups
This interview is from SDPB's daily public-affairs show, In the Moment, hosted by Lori Walsh.
A Sioux Falls group is one of 51 organizations nationwide receiving funding from a new federal program, according to a news release.
The Small Business Administration is awarding up to $1 million to Startup Sioux Falls. The money from the Community Navigator Pilot Program is intended to support women, people of color, veterans and other business people from under-served communities.
The pilot program is part of the American Rescue Plan. Congress and President Biden approved the plan in March to help the country recover from the pandemic.
Startup Sioux Falls is an organization that helps people launch and grow businesses.
“This award means a great deal to our team on many levels, and we are grateful to our partners at the SBA for believing in our vision,” said Brienne Maner, Startup Sioux Falls executive director.