Striving to Support 500 Businesses by 2021

The Atlanta MBDA Centers are excited to assist the Minority Business Enterprises (MBEs) in the community with ending the year strong!

Our programming has evolved to help MBEs strive and advance in the present climate. In addition to the technical assistance, business consulting, and financial resources we provide, as a response to COVID-19, we launched a CARES Act Assistance Program, providing the solutions and education necessary to further the success of the MBE community during this time.

The Atlanta MBDA Business Center CARES Act Assistance Program provides unique assistance and programming for CARES Act funding while leveraging the expertise of the business programs in the Georgia Tech Enterprise Innovation Institute. This program educates MBEs on ways to manage the workforce for safety, health, and cybersecurity, ways to identify COVID-19 recovery and resilience funding, and provides MBEs access to strategy sessions.

Our goal is to support 500 businesses in rural and distressed areas by the Spring of 2021. We will ensure the companies in these areas have access to the resources necessary to sustain and thrive as a business.

We encourage you to share the link below with the businesses in your audience that could use technical assistance, funding, and education to further their success in this climate.

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Atlanta MBDA Business Center Launches CARES Act Assistance Program

ATLANTA– Since the onset of the COVID-19 pandemic, the Atlanta Minority Business Development Agency (MBDA) Centers have responded to hundreds of requests for assistance with funding, opportunities, and disaster recovery and resilience.

The staff fielded more than 500 calls on a variety of questions and concerns related to COVID-19, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the economy, and the future of the business community. Our finance specialists have helped dozens of companies secure CARES Act funding.

The Atlanta MBDA Business Center has been awarded funding from the CARES Act to provide unique assistance and programming while leveraging the expertise of the business programs in the Georgia Tech Enterprise Innovation Institute.  The MBDA Business Center CARES Act Assistance Program will provide training and technical assistance in health and safety and cybersecurity, compliance to the Paycheck Protection Program, funding identification, and pivoting strategies. 

“We are pleased to receive this additional funding from the MBDA through the CARES Act,” says Project Director Donna Ennis, C.P.F.  “It gives us the opportunity to focus on the specific needs of our small and minority business community during these challenging times.”

The Atlanta MBDA Centers will partner with various Georgia Tech programs and organizations including the Georgia Tech Safety, Health, and Environmental Services (SHES) group. These partnerships will grant MBEs easy access to free and discounted resources while ensuring the MBE community continues to survive and thrive. In addition, the MBDA Business Center CARES Act Assistance Program will conduct listening sessions and roundtables with small and minority-owned businesses to determine needs, challenges and solutions that will ensure our companies succeed post-COVID-19.

The CARES Act is a law intended to address the economic fallout of the COVID-19 pandemic in the United States. As a two trillion dollar relief package, the CARES Act provides various economic relief to communities, taxpayers, and businesses including direct payments to eligible taxpayers, expanded lending for businesses and local governments, expanded unemployment insurance and new loans and grants for small businesses. 

The MBDA Business and Advanced Manufacturing Centers continue to update its lists of resources and funding related to COVID-19 and the CARES Act. 
Visit https://mbda3.ei2.org/covid-19-resource-page/ for this listing.

Pivot to Thrive Roundtable

The Atlanta MBDA Business Center has received CARES Act funding from MBDA to implement the MBDA Business Center CARES Act Assistance Program.

As part of the program, we will operate the Pivot to Thrive Roundtable, a support program for MBEs and small businesses in economically distressed and rural areas.  

 We will conduct these online roundtables to help business owners discuss the COVID-related difficulties they are experiencing and work together to identify resources and solutions.   

Our staff will provide training, education and knowledge transfer, and the businesses themselves can provide peer support through this COVID-19 crisis and beyond. All roundtables will be conducted virtually to expand our reach to businesses in communities that often have limited or no access to executive coaching.

This is a four-week program, offered at no cost to entrepreneurs and business owners.   ·     

It is no cost (funded by MBDA) and low commitment.· The roundtable (up to 10 business owners) will meet once a week for four weeks, with one of our staff members facilitating.·        

 We will manage the scheduling and provide the call-in number.  We will start the conversation and facilitate the roundtable for the first 4 weeks, then we hope the participants will want to continue as a group.  

If you are interested – or if you know business owners who may be interested – please express interest here: https://bit.ly/MBDACARESRoundtable.