Economic Opportunity
Economic development initiatives boost the health of neighborhoods by investing in the physical and social assets of a community. We invest in programs that support entrepreneurship, attract new businesses, diversify the local retail mix and stimulate employment in our Greater Cincinnati neighborhoods. It's the kind of development that grows local job opportunities and incomes, and brings goods and services to places where they're needed.
As a result of U.S. Bank Foundation’s Access Commitment investment, LISC has provided high-touch technical assistance to BIPOC‐ and women-led microbusinesses through an innovative range of products and services. We have brought short-and long-term resources and support to areas disproportionately impacted by the pandemic and invested in the infrastructure necessary for long-term recovery and growth in six markets; all while building our organizational capacity to support small businesses and the Business Development Organizations (BDOs) critical to their recovery and growth. To learn more, read Supporting Microbusinesses Recovery and Growth.
LISC’s small business loan program offers financing to small, for-profit businesses for everything from acquisition to equipment to working capital.
The City of Cincinnati, in partnership with Cintrifuse, Main Street Ventures, and LISC Greater Cincinnati are announcing the launch of a new web portal, designed to be a centralized solution for navigating the local ecosystem for entrepreneurial resources. The portal eases the navigation for business owners and helps direct them to appropriate resources in the Greater Cincinnati area. The available resources include access to capital, business counseling, strategic planning, space, and mentoring.
We syndicate federal New Markets Tax Credits to energize retail corridors, and reinforce investment in housing, schools and neighborhood services.