Harbert Management completes HERO fund for Bham small businesses

The HERO Small Business Relief Fund created by Harbert Management Corp. and its employees has awarded more than $1 million to small businesses in the Birmingham area. The fund, launched in April in response to the challenges facing local businesses due to Covid-19, received more than 330 applications and was able to fund approximately 20% of applicants with an average grant size of $16,000. The internal charitable foundation for HMC, called the Harbert Employees Reaching Out Foundation, provided…