“After businesses began to temporarily close and unemployment increased, it became clear that the pandemic would have an immediate impact on the local economy in Fayetteville. The City’s Economic and Community Development Department began to work with the Chamber of Commerce and the Center for Economic Empowerment and Development (CEED), a local nonprofit, to find a solution. This partnership network paved the way for providing bridge funding for businesses.”

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COVID-19, Homegrown Tools