CLEVELAND, Ohio - Just one year ago, the future of Specialized Construction Inc. was very uncertain.“We’re able to keep it right here in Cuyahoga County and Cuyahoga Heights and I’m very excited about that,” said Hall.“We had our equity, we had our bank, but we still had to close our gap,” said Hall.
Hall closed that gap thanks to critical funding from the $10 million Arctaris Cuyahoga Impact Program. “We’re able to make sure we can keep the equipment... it could’ve been bought by a large company and maybe consolidated and maybe some jobs would’ve been lost actually,” said Hall.The goal of this program is to invest in minority-owned businesses in the area so they can grow and succeed.
“If we can grow more minority companies to the size of the scale that we can grow more income and wealth in our region and that will be better for everybody, more taxes, better schools, etcetera,” said Hall.