The Partnership for New Communities Funds Innovative Alliance
The Partnership for New Communities has awarded $250,000 in support of an innovative alliance between CCV, the Quad Communities Development Corporation (QCDC) and the Carter Ware Group (CWG). Together, the three organizations will provide comprehensive services to aid business retention and attraction along the Cottage Grove Corridor and intersecting streets.
The Carter Ware Group, a local real state advisory firm focusing on brokering sales and market research and analysis, will work to attract a diverse group of businesses, ranging from restaurants, high end apparel and specialty stores to home furnishing businesses and entertainment venues. CCV will provide access to capital, ongoing technical assistance and support to the development of a Cottage Grove Business Association to ensure the sustainability of these businesses. QCDC will coordinate the activities among the partners to ensure that community priorities are being met.
Over the next two years, the program, which was launched on June 1, 2008, will work to grow over 30 new and existing businesses, create and/or retain 90 jobs and attract $3,000,000 in capital into participating businesses.
For more information on the program, contact CCV at 773.822.0320. For more information on The Partnership for New Communities, visit their web site or call 312.616.6680.