Health & Fitness
New jobs and new green businesses coming to Bridgeport
Funding received for Green Business Hub to provide support and expertise for the development of 3 new green businesses, expansion of 2 green start-ups and create 100 new jobs over the next five years.
Greater Bridgeport Community Enterprises (GBCE) received a grant of $25,000 from Citi Community Development to support its Green Business Hub.
The Green Business Hub will enable GBCE to expand its marketing capacity and
expertise and new business development R&D. GBCE’s current and future green business enterprises will turn to the Hub for: professional development and mentoring; TA and operational guidance; back-office IT and administrative support including financial and HR services; workforce development; and forward-looking identification of emerging trends and market opportunities.
“This grant is a valuable and important contribution toward our new initiative that
will help us create 100 new jobs in Bridgeport over the next five years by
developing three new green business enterprises and growing our current two
green enterprises,” said Adrienne Houël, President & CEO.
Find out what's happening in Trumbullfor free with the latest updates from Patch.
She continued, “Citi’s commitment to our community is long-standing and well-known. We appreciate the bank’s support for job creation and economic development because they will make such a difference for our city and its residents by growing Bridgeport’s economy and stabilizing and revitalizing its neighborhoods.”
GBCE estimates that during the next five years, the 100 new jobs it creates in
Bridgeport will bring $4.3 million to low-income unemployed Bridgeport
families. Their local spending will pump more than $2 million into Bridgeport’s struggling neighborhoods over the same period. Beyond the first 5 years, these 100 new jobs will bring more than $2.5 million to Bridgeport’s low-income families
each year who will invest more than $1 million annually in Bridgeport’s neighborhood economies.
Find out what's happening in Trumbullfor free with the latest updates from Patch.
GBCE’s Green Business Hub (Hub) will be located adjacent to Park City Green, its
mattress deconstruction and materials recycling enterprise in Bridgeport’s
Eco-Industrial Park and in the City’s Enterprise Zone. The Hub will consolidate GBCE’s job training program, Green Team contracting business and central office along with its new and expanded services that will benefit of all its green business enterprises.
All green businesses developed by GBCE exemplify the “triple bottom line” of
environmental sustainability, social good in hiring disadvantaged populations,
and economic development for the City of Bridgeport and its neighborhoods.
Check us out at www.greenteambpt.com
