30 Nov 2024
Small Business Saturday: Supporting Georgia’s Small Businesses
Small Business Saturday is a perfect opportunity to support the small businesses in Georgia and explore resources that can support their growth and sustainability. Small businesses contribute so much to Georgia’s communities and economy, comprising 99.6% of all businesses in the state and employing over 1.7 million people.
Georgia offers a wide array of grants, loans, and development programs tailored to help these enterprises flourish. From funding opportunities to growth initiatives, the available tools and support can make a significant difference in advancing local businesses and strengthening the economy.
Grants and Funding for Small Businesses in Georgia
1. ACE’s Commercial Loan Programs:
- Loans from $50,000 to $250,000 for Atlanta-based businesses.
- The Veteran Loan Program offers loans up to $250,000 for veterans and their spouses.
- The Georgia Green Loan Program provides $15,000–$500,000 loans for energy efficiency improvements.
- More information at ACE Loans.
2. Invest Atlanta Programs:
- Initiatives like the Phoenix Fund and Atlanta Catalyst Fund support job creation and community revitalization with loans ranging from $10,000 to $100,000.
- Learn more at Invest Atlanta.
3. Rural Business Development Grants:
- Supports rural small businesses through grants for various growth projects.
- Details at USDA Rural Development.
4. GDEcD Financing Opportunities:
- While there aren’t typically any state grants available for small-business startups, many lending opportunities exist. Georgia Department of Economic Development offers various financing programs for businesses at all stages.
- Explore options at Georgia.org.
Growth Opportunities for Small Businesses in Georgia
Georgia provides extensive resources to help businesses expand. Whether you’re seeking local growth or exploring global markets, the Georgia Department of Economic Development (GDEcD), entrepreneurs can access programs that focus on workforce development, access to capital, and international trade.
For more information on Financing and Small Business Growth Opportunities in Georgia, visit GDEcD Small Business Growth Opportunities.
Shop Local, Invest Local
Small businesses are the backbone of Georgia’s economy. Supporting them not only strengthens communities but also ensures access to unique, high-quality products. This Small Business Saturday, explore what Georgia’s small businesses have to offer and help build a brighter future for local entrepreneurs.
Small Business News
The Georgia Economic Developers Association (GEDA) held its annual Small Business Rock Star Awards, celebrating exemplary small businesses making a difference in their communities. This initiative highlights success stories and inspires other entrepreneurs to pursue their goals. Check out this year’s winners and their accomplishments at GEDA Rockstar Awards.
We previously provided funding resources for small business owners and entrepreneurs, which you may still find helpful. Click here to read more.
*Feature images courtesy of UGA Small Business Development Center