VIA INVEST ATLANTA
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Launched in the aftermath of the COVID-19 pandemic, the Atlanta Open for Business Fund has been helping Atlanta small businesses keep their doors open and build resiliency to withstand those inevitable bumps in the road.
& PROSPERITY
F
unded by a $20 million donation from Wells Fargo in partnership with United Way of Greater Atlanta and
Snapshot $14.45M: G rants and
administered by Invest Atlanta, the Atlanta Open for Business Fund has injected a bolt of new energy into Atlanta’s thriving small business ecosystem. In addition to helping small business owners in Atlanta build wealth by investing in assets such as commercial space, equipment and technology, it has also supported racially and ethnically diverse business owners who were disproportionately impacted by the pandemic. Throughout the duration of the three- year program, small business owners have regained their footing, launched new ventures, purchased assets, made physical upgrades and received technical assistance. It’s a level of support that goes well beyond short- term financial aid to represent a catalyst for sustainable change – helping to close the wealth gap and fortify futures.
loans distributed
410: Small businesses served
3,089: H ours of technical assistance provided
81.8%: Minority-owned businesses funded
75.4%: Black-owned
businesses funded
64%: Women-owned
businesses funded
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