Port authority, Coshocton Foundation working on new collaborative
The Coshocton Port Authority is excited to announce its efforts toward the creation and implementation of The Coshocton Collaborative. Over a year ago, the Coshocton Foundation asked local non-profits how they would make Coshocton a better place to live if they had $500,000 to do so. The Coshocton Port Authority has answered that question with The Coshocton Collaborative.
The Coshocton Collaborative will be housed in an existing building located in the downtown area, to be converted into a unique maker space, business incubator, and co-working facility that will promote entrepreneurship and foster economic growth.
The Coshocton Foundation was encouraged by the vision cast by the Port Authority, and in recognizing the need for the project has pledged $375,000 toward The Coshocton Collaborative. The grant request was written jointly with Our Town Coshocton with the remaining $125,000 to be utilized toward the salary of the director for two years.
Port Authority Executive Director Tiffany Swigert said, “The collaborative doesn’t happen without the foundation. They share this vision with the Port Authority and can see the impact that an entrepreneur center will have on Coshocton and its surrounding areas for generations to come. The pieces of this grant funding puzzle have to fit perfectly, and we are so appreciative of all parties working diligently to move this project forward.”
The port authority is working with regional and state partners, including OMEGA, to secure funding for the collaborative. They are taking all of the necessary steps to ensure that the project is well-positioned for EDA funding, and have been working closely with regional EDA representative.
Category: Business
