Mayor Levine Cava launches Strive305 HUB to boost small business support

In Miami, on December 3, 2024, Mayor Daniella Levine Cava announced the launch of the Strive305 HUB, an initiative aimed at empowering local small businesses in Miami-Dade County. This all-in-one resource platform has been designed to connect small business owners with critical resources, community partners, and growth opportunities, thereby reinforcing the economic fabric of the region. Wells Fargo, in partnership with the Miami-Dade County’s Office of Innovation and Economic Development, is funding this hub, reflecting the bank's commitment to small businesses in South Florida. The platform includes various tools such as resource mapping, training modules, event promotions, and features that enhance community engagement, indicating a comprehensive approach to facilitate small business growth. This initiative follows several other efforts by Mayor Levine Cava’s administration, including STRIVE 305, a flagship program founded to provide resources, capital access, and training for small businesses. Previously, the county allocated $25 million in grants to over 120 small businesses, creating a more favorable environment for entrepreneurial growth. The Strive305 HUB aims to not only build on these earlier successes but to establish an even more accessible framework for small business assistance. Wells Fargo's support includes contributions towards enhancing access to funding, essential resources, and expertise, thus addressing various hurdles faced by local entrepreneurs. This effort is part of Wells Fargo's larger commitment to fostering economic development and supporting small business initiatives throughout Miami-Dade and beyond, marking a continued investment in the region's economy. Along with Wells Fargo, other key partners including the Small Business Administration and the Florida International University Small Business Development Center are joining this initiative, enhancing the multifaceted support network for local businesses. Mayor Levine Cava articulated the administration's goal by emphasizing that small businesses are vital to the economy and that the Strive305 HUB serves as a comprehensive support system that connects entrepreneurs to invaluable resources, technical assistance, and mentorship. She stressed that this initiative reflects Miami-Dade’s dedication to nurturing a thriving, resilient economy well into the future, and the local business community can look forward to a more supportive infrastructure. With this launch, Miami-Dade County aims to lead the charge in empowering local entrepreneurs and ensuring their essential role in the economic recovery and prosperity of the community.