In a bold move to strengthen the city’s economy, Miami Beach is investing $100,000 in local small businesses under a new grant program aimed at creating pillars of resilience and growth within the business community. The 20 recipients of the city’s Small Business Grant Program will each receive $5,000 in funds that must be used to support operations, recovery and growth.
“Investing in small local businesses is an act of support. It is a commitment to the heartbeat of our community,” said Miami Beach Mayor Steven Meiner. “These enterprises fuel economic resilience, preserve local character and anchor the jobs that keep neighborhoods thriving.”
In the wake of challenges posed by shifts in tourism trends and rising commercial rents, small businesses have shown remarkable adaptability. The grants aim to provide additional resources for local businesses to maintain operations, sustain jobs and support year-round success despite pressures such as increasing costs and seasonal slowdowns…