Grant Funds Awarded to 24 Local Businesses to Promote Atlanta’s Economic Recovery
Grant Funds Awarded to 24 Local Businesses to Promote Atlanta’s Economic Recovery
The Metro Atlanta Chamber (MAC) today announced 24 recipients of the RESTORE ATL Fund, in partnership with the CareSource Foundation. The Fund, totaling $180,000, will support Black-owned, small and medium-sized businesses impacted by the COVID-19 pandemic.
The recipient companies represent a number of industry sectors adversely impacted during the pandemic, including accommodation and food services; arts, entertainment and recreation; and healthcare and social assistance. Approximately 70% of recipient companies are woman-owned, three companies are veteran-owned, and more than 300 were employed by recipient companies as of March 2020.
“The strong interest in the Fund, with applications submitted from 17 counties in the region, clearly indicates the need for initiatives such as RESTORE. We should not forget that every one of the hundreds of applications received represents a company that has been adversely impacted by the pandemic,” said Metro Atlanta Chamber President and CEO Katie Kirkpatrick. “Thank you to the CareSource Foundation for their partnership, and congratulations to our grant recipients. While the grant will certainly have a great impact for the recipients, there is much left to do. I'm certain that this community will continue to come together around those in need.”
In June, the CareSource Foundation generously donated $180,000 to jump-start the RESTORE ATL Fund. The Dayton-based health plan pivoted their charitable resources to support both frontline health care providers, to meet the variable community needs around social determinants of health and, most recently, to support small businesses in their local markets.
The RESTORE ATL Fund will provide immediate gap assistance to the recipient companies and grants can be used for operating expenses including rent, utilities, payroll and other business-related needs. Grant recipients were selected by a diverse volunteer review panel representing members of metro Atlanta’s business community across industries. The review panel included leaders from EY, The Gathering Spot, The Kendeda Fund and Atlanta Wealth Building Initiative, Collab Capital and other organizations. Grant applications were assessed based on need and potential impact.
The Fund builds on the work of MAC’s RESTORE task force, a diverse group of business leaders which aims to provide a blueprint for how metro Atlanta and Georgia might accelerate economic recovery. The group took on this important task while prioritizing the health of Georgia’s families and neighbors and considering the state’s most vulnerable populations.
Metro Atlanta is home to top HBCUs in the nation, with a strong Black middle class. MAC honors this history while acknowledging the inequity and immobility challenges faced by the region. With input from diverse leaders, MAC has recently worked to pass Hate Crimes Legislation in Georgia and in 2019 formed Project Plato, a multicultural, multigenerational voice to envision Atlanta’s next phase and drive inclusive innovation. MAC is committed to holding up and preserving Atlanta’s legacy and creating a more equitable region for all.
A full list of recipients can be found below, with ‘*’ denoting women-owned businesses:
Abstract Elements Management Agency, LLC* – DeKalb
Abstract Elements Management Agency is a global meeting and event planning agency producing corporate conferences, fundraising events and social soirees for Fortune 500 companies, small businesses, nonprofit organizations and private entities.
BlackLight Productions Inc. – Douglas
Buckley Dental Care* – Fulton
Cafe Dionne* – Coweta
Caterpillar Clubhouse Academy & Daycare* – Cobb
Chez Montier, Inc. – DeKalb
Cool Moms Dance Too* – Fulton
Divine Personal Chef Svs. – Fulton
DJ MAGA Enterprises, LLC – DeKalb
Fitly Spoken, LLC* – DeKalb
Fruity Ice & Treats* – Fulton
H&T Art Partners, LLC – Fulton
Harlem Zen – Fulton
Insights Marketing & Promotions Inc.* – Fulton
iwi fresh* – Fulton
Juice Me Too* – Cobb
just add honey tea company* – Fulton
Lifestyle Dentistry* – Cobb
M L King Dental Center* – Fulton
Medical & Sports Massage* – Fulton
Poshe Productions* – Gwinnett
Squash Blossom Boutique* -DeKalb
Twisted Soul Cookhouse and Pours / A Different Kind of Chick, LLC* – Fulton
Unique’s Early Development Center* – Cobb
For more information on the RESTORE ATL Fund please visit: https://www.metroatlantachamber.com/restore-atl-fund.
###
About CareSource
CareSource is a leading nonprofit multi-state health plan serving government sponsored programs and is nationally recognized as an industry leader in providing member-centric health care coverage. Founded in 1989, CareSource administers one of the nation’s largest Medicaid managed care plans. Today, CareSource offers individuals and families comprehensive health and life services including Marketplace and Medicare Advantage plans.
Headquartered in Dayton, Ohio, CareSource serves over 1.8 million members in Ohio, Kentucky, Indiana, West Virginia and Georgia. CareSource understands the challenges consumers face navigating the health system and works to put health care in reach for those it serves. For more, visit caresource.com, follow @caresource on Twitter, or like CareSource on Facebook.
About the Metro Atlanta Chamber
The Metro Atlanta Chamber (MAC) serves as a catalyst for a more prosperous and vibrant region. To advance economic growth and improve metro Atlanta's quality of place, MAC is focused on starting, growing and recruiting companies to the 29-county metro Atlanta region. The Chamber is also focused on growing the region's innovation economy by promoting and strengthening connections to drive Atlanta's innovation and entrepreneurial culture. MAC is committed to being an active voice for the business community, serving as an advocate for a competitive business climate and telling Atlanta's story. For more information, visit www.metroatlantachamber.com.