Greensboro ED Efforts Get Funding Boost

Attracting its first major corporate contribution in more than a year, Action Greensboro will receive $1 million from Charlotte-based Bank of America over three years to support economic development initiatives. Of that amount, $600,000 will go to Forward Greensboro to assist with job retention and creation; $250,000 will go to the $12 million center city park planned for North Elm Street; and $150,000 will go to the Piedmont Triad Partnership to assist with regional marketing efforts.

Action Greensboro has now raised more than $33 million toward its three-year plan of $37 million worth of initiatives and projects; Bank of America is the sixth corporate gift and the third at $1 million or more

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