
is considering a proposal to help Akron鈥檚remain viable.
At a recent council meeting, the county proposed to defer the Institute鈥檚 nearly $87,000 in loans for its downtown for the next five years. The county also proposed to provide the medical-product incubator with a $102,000 grant.
Spokesman says the deferment and grant would help the non-profit to reinvent itself for the future.
鈥淭his is one of the aspects to receive a little bit of relief as we take over that additional space, but we believe we have a successful path forward," Rainone said. "We know what we need to do and this is just one of the steps to get us there.鈥
The proposal for both the loan deferment and grant are set to be discussed at a county on Tuesday, April 4.
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