Without appropriate start-up capital, many small businesses in Georgia are in a constant state of playing catch-up.
Small business grants in Georgia exist to give entrepreneurs in the Peach State a needed boost in start-up capital. While grant money often favors non-profit organizations, interest persists in helping the small business reach its full potential from the ground up. If you're looking for small business grants in your area, start with federal and state government agencies, such as your state's Department of Commerce.
University Center Economic Development Program
Private business persons or for-profit organizations in Georgia may apply for the University Center Economic Development Program. This program combines the resources of Congress and eligible academic institutions to assist areas experiencing economic hardship. The University Center awards small business grants through Georgia Tech University. These grants are only available for purposes of research, training and technical assistance. The objective is to create a stronger, more knowledgeable staff for businesses that can show effects of economic trouble. This grant program also seeks to sharpen employers' skills with technology, and to make a business more attractive to investors. Full eligibility requirements are available from the Georgia Tech University website.
Georgia Tech Enterprise Innovation Institute
Georgia Institute of Technology
404-894-6786
innovate.gatech.edu
Trade Adjustment Assistance for Firms Program
Manufacturers in Georgia and neighboring states must report to the Southeastern Trade Adjustment Assistance Program if seeking small business grants related to trade decline as a result of international competition. While these grants in Georgia are not exclusive to the state or for-profit organizations alone, the program offers invaluable assistance to businesses seeking a competitive advantage in the global marketplace by offering direct aid or helping with firm consultations. If your company has been affected by international trade agreements, you may wish to consider this option. Full eligibility requirements are available from the Southeastern TAAC website. Application submissions should be addressed to the Atlanta office.
Southeastern TAAC
760 Spring St., NW
Atlanta, Georgia 30308
404-894-3858
setaac.org
Community Trade Adjustment Assistance Program
Combining elements from the University Center Program and the basic Trade Adjustment Assistance Program, the Community Trade Adjustment Assistance Program seeks to aid businesses and private individuals within an economically distressed community find the aid needed to regain a competitive advantage in the marketplace if also affected by international competition. This program attracts many applicants each year. It aids in conjunction with other small business grants to help an ailing company recover and find the investors needed to take it to the next level. Full eligibility requirements are available from the Economic Development Administration website. Applicants should send submission packages to the Atlanta branch.
Economic Development Administration
401 West Peachtree St., NW
Suite 1820
Atlanta, Georgia 30308
404-730-3002
eda.gov/InvestmentsGrants/CommunityTAA.xml
Tags: Adjustment Assistance, Trade Adjustment, Trade Adjustment Assistance, Adjustment Assistance Program, Assistance Program, business grants, Economic Development