Kiducation Community Center in Wellsville receives $6,150 to support financial literacy programs

Kiducation Community Center in Wellsville has received a grant of over $6,000 from the Ohio Department of Commerce Division of Financial Institutions to support financial literacy programs.

The community center received a $6,150 grant to support financial literacy and youth entrepreneurship programs. These programs include a youth-led farmers market and micro-business ventures.

The programs will give participants hands-on experiences with managing money and running a small business.

The funding is part of $50,000 from the Department of Commerce's Financial Literacy Education Grant Program awarded to eight organizations across Ohio.

"These grants are critical to helping ensure the next generation of Ohioans is equipped with the education and skills they need to understand the complexities of finances, which is vital to achieving financial security and prosperity," said Ohio Department of Commerce Director Sherry Maxfield.

According to a press release, the department received 156 applications this year, a 609% increase from the 22 applications submitted in the previous year.