Are you covering the impact of microbusinesses?

Goizueta’s Start:ME business accelerator program graduated 54 promising entrepreneurs and awarded $30K in grants to business owners in Atlanta’s Southside, Clarkston and East Lake communities. The three-month long accelerator program awarded the grants to 18 local microbusinesses.

Research from the Goizueta Business School lists four reasons why microbusinesses are critical resources to communities:

• They provide products and services tailored to their community
• They occupy otherwise vacant storefronts and provide places for neighbors to meet
• They stimulate an inflow of community resources
• They provide role models and support for future entrepreneurs

Erin Iglehart, Program Manager of Start:ME - Goizueta’s Business Accelerator, can discuss the importance of small business in a recovering economy.