When it comes to the subject of community governance, it is certainly not an easy task, especially when the challenges are tough. At the county levels, community leaders are expected to come forward with creative and original ideas to make matters work. Good leaders are successful in doing so, and this is why they are fondly relied upon for effective solutions when hindrances crop up in community governance.
Fred Glynn – An exemplary leader and councilman
Fred Glynn is an esteemed and widely respected councilman from Hamilton County. He is an expert in business and finance with over 15 years of valuable sales, insurance, and mortgage experience. He has successfully built two profitable companies from scratch and is known for his progressive ideas when it comes to governance and economic development.
Drafting innovative economic policies for battling the effects of the Pandemic
He says that when the COVID-19 Pandemic hit the world, everything came to a sudden halt in every nation. There was the pressure of social isolation and no movement; it just took a short time for the global economy to be hit in a big way. While governments across the globe were getting busy with drafting general directives for the COVID-19 Pandemic, leaders had to create innovative policies for their own constituents.
Launch of a Stabilization Fund Program for small businesses
Hamilton County also responded to the above situation to initiate a unique small business Stabilization Fund Program. This program is targeted towards small businesses that had to shut down. This strategic response was the brainchild of Mr. Gylnn.
Why is this Stabilization Fund Program a sensible approach?
The Hamilton County Stabilization Program is a sensible approach because the relief funds for small business units are not handed over to them blindly. Grants up to $10,000 for every business will be awarded to them as per their “demonstration need.” This means that even if shutdowns mandated by the government has hindered the small business, the county governments can do something to invest back into these businesses.
Eligibility criteria for small businesses to apply for the Stabilization Fund Program in Hamilton County
The following are the eligibility criteria for the grant of stabilization funds for small businesses. The business should –
- Have a good standing when it comes to local and state laws, code compliance, and licenses.
- The unit should be a locally owned business and not be an out of state corporation.
- Have a good standing with the Secretary of State of Indiana.
- Been established and is operational in Hamilton County for at least six months in the past.
In this manner, Hamilton County has been an example in offering a model for the other counties in the USA to consider duplicating the above idea if it works effectively for them as well.
Fred Glynn is an exemplary leader and believes in placing the needs of others when it comes to county governance. He uses his 15 years of rich experience in business and finance to draft policies to boost economic growth and the welfare of individuals in the community with success!