Submitted by Fifth Third Bancorp
Fifth Third Bank presented capital readiness grant awards last week to two Columbus, Ohio-based business owners. The winners were Arthur Norman, Jr. of Dipped Custom Prints and Antoinette Parks of Chef Butcher’s Creole Kitchen, both on the Near East Side.
The two Columbus, Ohio business owners were among 20 selected as part of a capital readiness program in 10 neighborhoods that have received significant investment from Fifth Third Bank. Nine of the neighborhoods, including the Near East Side, are part of the Bank’s $180 million Empowering Black Futures Neighborhood Program; the other is in Detroit, where Fifth Third’s first adopted community, Gratiot/7 mile, is located.
For the capital readiness program, the Association for Enterprise Opportunity selected 20 entrepreneurs to work with the organization to stabilize and grow their businesses. Each entrepreneur will complete Business Health Assessments, access personalized learning plans through AEO’s online learning platform, RESILI™, and receive trusted guidance with AEO’s network of small business coaches. Additionally, each entrepreneur will receive $5,300 in small business grant funding from Fifth Third’s Empowering Black Futures Neighborhood Program.
“I am honored to be given this opportunity so that I may continue to build my knowledge for the growth of my business,” said Antoinette Parks, chef, Butcher’s Creole Kitchen. “I'm always interested in learning and implementing new strategies to make my business foundation and financials strong.”
The grant presentations were covered on the local ABC-6 affiliate in Columbus. Click the links for more information about Fifth Third’s $180 million Empowering Black Futures Neighborhood Program and its Empowering Black Futures Capital Readiness Program with AEO.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of Dec. 31, 2021, Fifth Third had $211 billion in assets and operated 1,117 full-service banking centers and 2,322 ATMs with Fifth Third branding in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. In total, Fifth Third provides its customers with access to approximately 54,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the Nasdaq® Global Select Market under the symbol “FITB.” Fifth Third Bank was established in 1858. Deposit and Credit products are offered by Fifth Third Bank, National Association. Member FDIC.
Fifth Third’s Purpose is to improve lives and the well-being of its communities by being the One Bank people most value and trust. The Company believes in doing well by doing good and delivering long-term sustainable value to all its stakeholders. Fifth Third is focused on five environmental, social and governance priorities: keeping the customer at the center, demonstrating its commitment to employees, strengthening its communities, promoting inclusion and diversity, and addressing climate change.
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