DevelopOhio

A $100,000 investment in the Cincinnati Chamber Minority Business Accelerator “could help create 500 new jobs,” the Cincinnati Business Courier reports. The accelerator “is expected to partner with other members of the Cincinnati Minority Business Collaborative” and Northern Kentucky University to “use the funding to execute a strategy designed to help 50 minority-owned businesses grow their revenue to $5 million and create 500 new jobs in the next five years,” according to the article. KeyBank’s Business Boost & Build program powered by JumpStart awarded the money through the KeyBank Center for Technology, Innovation and Inclusive Growth. Darrin Redus, vice president and head of the accelerator, said, “[w]e are thrilled to establish this partnership with JumpStart as we collectively strive to grow more larger-scale, job-creating, minority-owned businesses.” For more, read the full article.