Updates from the SBA Georgia District Office

Georgia District Office - March 2021

u s small business administration

Emerging Leaders Program 2021

Ready to grow your business? Sign up for SBA's Emerging Leaders Initiative.

 

The SBA Georgia District Office is still accepting applications for Emerging Leaders, a free executive-level, mini-MBA style training program. The deadline for small business owners to apply is April 7, and virtual classes are scheduled to begin April 21.

The seven-month intensive, entrepreneurship education series is for small, poised-for-growth companies with potential for job creation. It includes approximately 100 hours of class time per participant and expands opportunities for small business owners with access to experienced mentors, workshops, and connections with their peers, city leaders and financial communities.

A maximum of 20 Emerging Leaders spots are available and classes will be virtually held every other week from April 21 through October 27. To participate, small businesses must:

  • Be located in Georgia 
  • Generate revenues between $250,000 and $10 million
  • Have been in business for at least three years
  • Have at least one employee besides the CEO participant
  • Attend 13 workshops and seven mentoring sessions
  • Complete required coursework and time commitments

Apply Today!


Shuttered Venues Grant Application Opens April 8

Shuttered Venue Operators Grant. Accepting applications starting on April 8. sba.gov/svogrant

 

The SBA launched a splash page for the application portal where small business owners of eligible venues may apply for the Shuttered Venue Operators Grant (SVOG) starting April 8. Eligible entities that applied for a Paycheck Protection Program loan after Dec. 27, 2020 can also apply for the SVOG, with the eligible entity's SVOG reduced by the PPP loan amount.

There will be a national SVOG information session on Tuesday, March 30 from 2:30 p.m. to 4:00 p.m. EDT. The webinar will highlight the application process, required documentation and answer frequently asked questions. 

Register for the SVOG Webinar 


COVID-19 Economic Injury Disaster Loans Lending Limits Increased

EIDL

The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. Starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months of economic injury with a maximum loan amount of $150,000 to up to 24-months of economic injury with a maximum loan amount of $500,000.

Questions about SBA COVID-19 EIDL and disaster loan payments can be emailed to DisasterCustomerService@sba.gov or directed to SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard of hearing).


SBA Partners Can Provide You Counseling and Technical Assistance

Connect with an SBA Resource Partner

 

The SBA Resource Partner Network provides advising and counseling services to help small businesses prepare for funding opportunities like the SVOG, PPP, EIDL and other business recovery needs. They can also help you figure out which SBA loan program you should apply for to raise capital.

Find assistance near you