Small businesses on the southeast side aren’t getting same resources as other parts of town. Huntington National Bank has partnered with the city to create a $500,000 Entrepreneur in Residence program that will target minority-owned businesses.
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Much like the proverbial middle child, Cleveland’s so-called middle neighborhoods, or communities like Old Brooklyn, Bellaire Puritas and Lee-Harvard that are on the edge of stability and decline, are often forgotten yet full of potential. Yet today, Village Capital Corporation announced that it has received a $1.5 million grant from the U.S. Treasury that it plans to dedicate towards lending in middle neighborhoods.