DHCD Releases 2020 Community Business Launch Annual Report

The Community Business Launch (CBL) is a place-based entrepreneurial development strategy that fills a critical mass of vacant storefronts with expansion or start-up ventures. Local CBL programs train entrepreneurs, creatives, and small business owners about business planning practices, culminating in a group of finalists pitching their ideas to a panel of judges, with winners receiving grant funding and support services from the community to kick-start their new venture. While only a limited number of entrepreneurs may win the business competitions, the CBL gives rise to many budding entrepreneurs that have been prepared through the program to create or expand successful businesses. DHCD has released an annual report that further explains the program’s structure, highlights completed and ongoing CBL initiatives, showcases CBL data points and more. Check out the report below for more information!

Click here to learn more about eligibility, resources and helpful links, specifically the FY22 How-to-Apply Webinar!