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Posts tagged as “Opportunity Fund”

Commentary: Louisville is harnessing the opportunity of Opportunity Zones

By Mayor Greg Fischer

Our job at Metro Government is to make it possible for everyone in Louisville to have an opportunity to realize their full human potential — and a strong economy is critical to creating those opportunities.

Mayor Greg Fischer

There is much to celebrate on that front: Louisville’s recent economic boom has lifted more than 20,000 people out of poverty and opened the door for 17,000 families to join the middle class since 2014.

Since 2011, we’ve worked together to create more than 80,000 new jobs and more than 2,700 new businesses. And in the last four years, our community has attracted over $13 billion of new capital investment for projects announced, underway, or recently completed.

Our focus now is to build on that momentum to make sure that everyone is along for the ride, that the prosperity we’re experiencing reaches every home in every neighborhood.

As a former entrepreneur, I know that one of the biggest challenges that start-up businesses face is equitable access to capital. How do you get the investment you need to start or expand your business, renovate your building, and in the process revitalize your community?

As mayor, I’ve seen the challenges …