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## Small Business Funds Winners in Covington

The latest recipients of small business funds from the City of Covington showcase a diverse array of projects scattered throughout the city. These ventures include:

– A shop set to produce and sell delicious flavored pretzels and T-shirts at Historic Ritte’s Corner in Latonia.
– A western-themed retail establishment in the Seminary Square area.
– A digital marketing agency and a groundbreaking technology innovator catering to the deaf community, both situated in the Central Business District.
– A rejuvenated historic electric sign for an iconic tavern in Lewisburg.
– A fresh facade for a commercial structure in Westside.

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“This round, similar to previous cycles of our renowned Small Business Program, extends incentives to projects across the city,” explained Covington’s Business Retention and Expansion Specialist, Patrick Duffy. “We are witnessing progress in areas that have been dormant for some time.”

Following fruitful deliberations on the six incentives, the Covington Board of Commissioners has placed them on the “consent agenda” for formal approval scheduled for Tuesday, May 14. These initiatives mark the fourth round of the Small Business Program, aimed at fostering private investment, job creation, and a more appealing business landscape in Covington.

### Facade Incentives

The program allocates funds for various initiatives, including providing $6,000 to THIRTY9 Properties, LLC, for a facade enhancement project at 309 Lehmer. This project will enhance the building’s aesthetics, paving the way for a new business to establish its roots in Covington.

### Rent Subsidies

Several businesses stand to benefit from rent subsidies, such as Scout Yonder, The Point/Arc of Northern Kentucky for Zels Pretzels, Safewave Technology Corporation, and Beech Native, LLC for LDFW. These subsidies support businesses ranging from marketing firms to retail outlets, all contributing to Covington’s economic landscape.

### Historic Sign Preservation

Efforts to preserve the city’s heritage include a $7,500 grant to Fessler Properties, LLC, for the restoration of Herb & Thelma’s Tavern’s iconic Wiedemann sign. This restoration project, overseen by the City’s Historic Preservation Specialist, Kaitlin Bryan, aims to revive a piece of Covington’s history.

Businesses interested in accessing facade enhancements, historic sign restoration, or rent assistance incentives can reach out to Patrick Duffy for guidance. Additionally, the city’s applications and guidelines provide comprehensive information on the program’s offerings.

Since its inception in 2017, the Small Business Program has supported 148 businesses or projects, with a focus on diverse ownership demographics. Noteworthy recognition from the International Economic Development Council in 2021 underscores the program’s impact on Covington’s economic vitality.

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