Ex-state Senator Marlon Kimpson, together with Charleston Mayor John Tecklenburg, recently announced the allocation of multi-million dollar state funds for Charleston’s new Entrepreneur Resource Center and Incubator.
The funding, totaling $2.5 million, is set to enhance minority-owned businesses in Charleston by offering a variety of services such as programming, adaptable office spaces, business development tools, and technical support.
The resource center, scheduled to open in spring 2024, will be located on the ground floor of an affordable housing complex at Hanover and Lee Streets. In a significant move to support this initiative, the developer of the housing project has agreed to lease the space to the city for a minimal annual fee of $1.
This center aims to be a pivotal resource for the growth and empowerment of minority-owned businesses in Charleston.
