Mayor Fischer Announces 13 “Microenterprise” Loans to Small Louisville Businesses

Greg Fischer

LOUISVILLE, KY – Mayor Greg Fischer recently announced the 13 local businesses that will receive loans from a Louisville Metro Government program for local “microenterprises.”

The recipients, all low- to moderate-income entrepreneurs, include a video production group, an event rental space, a fashion business, a tax service, two childcare facilities, and four catering businesses. Microenterprises are businesses that employee five or fewer individuals, including the owner.

“We know that every one dollar in program costs generates five dollars in benefits for our microbusiness owners. And that helps our families, our neighborhoods, and our whole city,” Mayor Fischer said. “These results prove that our investment in this program, and other programs like this truly make significant, even, life-changing impacts in the lives of those we serve.”

Learn more about the $128,000 in grants and each of the microenterprise recipients at LouisvilleKY.gov.