Accelerate Southside launches

Invest Atlanta, the city’s economic development agency, and The Guild, a co-living organization helping entrepreneurs with business services that include asset and real estate ownership, are partnering in a new program for minority-owned businesses. Accelerate Southside will assist businesses south of Atlanta in growing and owning space as a wealth-building tool.

The program will address four challenges that minority-owned businesses face:

  • Limited access to capital
  • Debt service payment capabilities
  • Difficulty purchasing commercial space
  • Preparing for business growth

Accelerate Southside’s two-part pilot includes business accelerator training by The Guild and a commercial down payment assistance program that Invest Atlanta will offer. The program will assist entrepreneurs interested in purchasing a shipping container to locate at the Pittsburgh Yards Container Courtyard, a 30-acre redevelopment site on the Southside Trail of the Atlanta Beltline.

Minority-owned small businesses are encouraged to submit an application for the program. For more information, visit investatlanta.com/accelerate-southside. Deadline for applications is July 15.

Photo of participants in one of The Guild’s programs provided by Invest Atlanta.

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