The Commitment is going toward STL Partnership’s Small Business Resource Program
The St. Louis County Port Authority announced today that it will commit to $1 million to the Small Business Resource Program (SBRP) that was created by the St. Louis Economic Development Partnership (STL Partnership) and the St. Louis Development Corporation (SLDC). SBRP offers resources to area small businesses in response to COVID-19, including a hotline to connect small businesses to resources as well as a zero-interest loan program for small businesses in the city of St. Louis and St. Louis County.
The funds from the St. Louis County Port Authority will be available for businesses in St. Louis County and will include zero-interest loans, technical assistance and discretionary grants. The Port will provide $1 million with a preference to distressed areas in the Promise Zone areas of North County and Lemay in South County.