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Ohio Treasurer Kevin L. Boyce Recognizes Minority Enterprise Development Week

Boyce Recognizes Minority Enterprise Development Week

Columbus, Ohio—Ohio Treasurer Kevin L. Boyce is recognizing Minority Enterprise Development Week and reminding minority business owners of the resources made available by the Treasurer’s office.

“Minority owned business are integral to Ohio’s local economies,” said Treasurer Boyce. “During these tough economic times it has been a struggle for many business owners to keep their doors open. I applaud the success of minority enterprises across the state.”

GrowNow is a program that allows the Treasury to offer small business owners a 3 percent interest rate reduction when they link their loan to creating or retaining jobs in Ohio. GrowNow’s goal is to make borrowing affordable for business owners and ensure that they remain financially stable.

Since taking office Boyce’s administration has invested more than $355 million in low cost financing for Ohio’s small businesses and helped to create and retain nearly 10,000 jobs using GrowNOW.

“In the Treasury we do all that we can to aid small businesses and cultivate growth,” said Treasurer Boyce. “Many minority owned businesses are eligible to take advantage of the resources my office provides. We encourage business owners to get involved and learn more about these programs.”

To learn more about GrowNOW please visit: www.ohiotreasurer.gov.

President Barrack Obama issued a proclamation earlier this week honoring millions of minority business owners. Check out the proclamation here: http://www.whitehouse.gov/the-press-office/2010/08/20/presidential-procl...