Grants for black-owned businesses available; application deadline is Wednesday

Metro Atlanta Chamber staff recently launched a second round of the RESTORE ATL Grant, according to a press release. This initiative will support Black-owned small and medium-sized businesses in metro Atlanta that have been adversely impacted by the COVID-19 pandemic by distributing individual grants of $5,000-$10,000. Applications for the grant program are open through Wednesday, Feb. 10.

Eligibility criteria includes:

Company must be a for-profit business located in the Atlanta Metropolitan Statistical Area
Company must be Black-owned
Company must have been in business for a minimum of three years prior to Feb. 1, 2021
Company must have fewer than 100 employees (full-time, part-time and contractors)

The funds can be used for operating expenses including rent, utilities, payroll, PPE and other business-related needs. Applications will be reviewed in the weeks following the application deadline and grant recipients will be announced in March.

This latest round of grants, totaling $180,000, is furnished through investor donations, bringing the total amount raised for the initiative to $360,000. Additional details surrounding eligibility requirements and answers to frequently asked questions can be found at the grant application website.

Information: www.metroatlantachamber.com/restore-atl-grant

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