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Rick Kriseman to announce federal grant program for low-income entrepreneurs

in The Bay and the 'Burg/Top Headlines by

St. Pete officials will announce a federal grant program aimed at expanding training and capital services for low-income entrepreneurs. Mayor Rick Kriseman and Deputy Mayor Kanika Tomalin will join U.S. Rep. Kathy Castor and the Tampa Bay Black Business Investment Corp. Tuesday to announce further details of the PRIME Project at 10 a.m. at 1123 22nd. Street South in St. Pete. PRIME stands for Program for Investment in Microentrepreneurs. The program is expected to help as many as 220 low-income…

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St. Pete plans to make the sun rise in downtown during the dead of night

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The St. Pete marketing team will create a simulated sunrise at night throughout this weekend beginning Friday night at sunset. As a launch for its “You are my sunshine” marketing effort, a simulated sun will rise up the Priatek Tower at the corner of Central Avenue and Third Street. The simulation will use 100,000 lumens and span 15,000 square feet. The “sunrise” will be powered by the people as residents take to Twitter and Facebook to share positive messages and…

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St. Pete leaders celebrate locally based healthy initiatives with the First Lady at the White House

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St. Pete Deputy Mayor Kanika Tomalin and Healthy St. Pete Director Kim Brasher met First Lady Michelle Obama at the White House Wednesday to celebrate a milestone in the Let’s Move! Cities, Towns and Counties initiative that St. Pete is a part of. “This groundbreaking milestone of reaching 500 communities brings us closer to the goal of providing every American with the opportunity to live in a community that prioritizes the health and well-being of their residents,” said National League…

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St. Pete looks to create public-private economic development corporation

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St. Pete could soon be more aggressively chasing down employers to expand or open up shop in Mayor Rick Kriseman’s beloved Sunshine City. According to the Tampa Bay Times, the city is looking to capitalize on its downtown boom to attract quality businesses providing jobs in the marine science and healthcare fields. To do that, city officials are looking into launching an economic development corporation similar to that in Hillsborough County that would be a public-private partnership. Currently the city’s…

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St. Pete’s credit rating gets a welcomed boost

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The City of St. Petersburg’s credit rating has been upgraded by Moody’s Investors Services from negative to stable. The upgrade in the issuer rating is based on the city’s large tax base, improved operating reserves and conservative budgeting practices. The upgrade “reflects the city’s return to positive financial operations. “My administration is committed to thoughtful fiscal management, rigorous expenditure controls and smart budgeting practices that keep structural balance in our finances and budget,” Mayor Rick Kriseman said. One of the…

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