City of Atlanta Selected For City Accelerator Program To Help Strengthen Local Minority-owned Businesses and Create Jobs

31 July 2018
Pittsburgh Yards

Grant Award Will Fund Real Estate Development Program in Southwest Atlanta

ATLANTA – Mayor Keisha Lance Bottoms today announced the City of Atlanta will join the City Accelerator program, an initiative of the Citi Foundation and Living Cities, to foster innovation and promote collaboration between urban leaders to address pressing issues cities face today. Atlanta will join four other cities in this latest City Accelerator cohort – El Paso, Long Beach, Newark and Rochester – who will work together over the next year to pursue a range of projects that support the growth of local minority-owned businesses and the creation of additional jobs in each community. …

The City Accelerator program includes a $100,000 grant to each cohort city to support local business and job growth. The City of Atlanta’s initiative will fund a program providing access to affordable real estate and technical assistance to economically underserved businesses in Southwest Atlanta. The initiative will be launched at Pittsburgh Yards, a 30-acre, mixed-use site under development in Southwest Atlanta. Invest Atlanta, the City of Atlanta’s economic development authority, will lead the project in partnership with One Atlanta: The Mayor’s Office of Equity, Diversity and Inclusion, the Mayor’s Office of Innovation and Performance and local community Partner, The Annie E. Casey Foundation.

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Courtesy of City of Atlanta