MORTAR’s entrepreneur training helps longtime residents ride the wave of revitalization

Most news stories about MORTAR note that it’s an African-American-led group but don’t explain why that matters. While small minority businesses are opening at a faster rate than any others, minorities are likely to receive smaller small-business loans and at higher interest rates than their white counterparts, as shown, for example, in a 2010 U.S. Commerce Department report. That lack of access to capital can kill a business before it gets off the ground. None of that deterred MORTAR’s leaders, and things changed in 2015. MORTAR was seeking applicants for its first training class, and the announcement appeared in a local newspaper. The article also mentioned that MORTAR was looking for space for its burgeoning business. The founders were contacted by a local entrepreneur who offered them free office and storage space in Over-the-Rhine.
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Too often, neighborhood revitalization leaves behind the people who already live in urban neighborhoods. A new model in Cincinnati seeks to train and support locals so they can benefit from the economic boom.


MORTAR works with long-time residents of Over-The-Rhine to diversify the neighborhood's new businesses. @faithleadership Click To Tweet




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