Covington’s Small Business Boost: City Unveils Annual Economic Impact Report and Highlights Support for Local Entrepreneurs

Covington unveils economic report highlighting emphasis on new development and small businesses

Covington Mayor Joe Meyer recently unveiled the city’s annual economic impact report for 2023, highlighting the positive growth and impact that small businesses have experienced in the area. The report showcased how the city has invested over $76,000 in small business incentives, including rent subsidies and funds to improve the appearance of businesses.

Melyssa Mosier of Grainwell was one of the many small business owners who expressed their gratitude for this support. She mentioned how a rent subsidy helped sustain her business during a challenging time and also attracted more customers to their store. Mosier and her sister have been operating Grainwell for nearly a decade and have witnessed firsthand the transformation of Covington towards revitalization and support for small businesses.

The City of Covington’s focus on building up small businesses is seen as essential by Mayor Meyer to continue the city’s progress and maintain a vibrant community. The report also highlights planned developments at sites like the former IRS location and along the riverfront, showcasing ongoing efforts to further enhance the economic landscape of Covington. More details and information can be found in the full economic impact report released by the city.

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