FLEX FUND UPDATE
Thank you for your interest in the Metro Atlanta Flex Fund program. We were pleased to have received numerous applications for the initial loan funds, and we made loans to applicants who satisfied the program requirements. At this time, we will not accept applications for the program because we have exhausted the funds available for the initial round of funding. We fully anticipate securing additional funding and will announce when those funds become available. Please monitor the website here as we will update this notice to advise when applications will be accepted for loans in the future.
Again, thank you for your interest in the Metro Atlanta Flex Fund.
Georgia Micro Enterprise Network and Atlanta Wealth Building Initiative, in a collaborative effort with the Local Initiatives Support Corporation, are pleased to launch the Metro Atlanta Small Business Flex Fund.
See the below general application requirements for the loan.
Georgia Micro Enterprise Network (GMEN)
Having served as a voice of micro enterprise development in Georgia for over 25 years, GMEN - throughout its services, has championed the idea that business ownership empowers people to contribute to their own economic self-sufficiency and the well-being of their communities. GMEN’s programs and initiatives help to create brighter futures for underserved small businesses in the Southeast including, but not limited to, small business advisory services, technical assistance, business skills training for underserved business owners, community investment, emergency rental and mortgage assistance, flexible loan programs, from incarceration to reentry training and support services, as well as advocacy and thought leadership.
Atlanta Wealth Building Initiative (AWBI)
AWBI is an intermediary that seeks to achieve shared prosperity by closing the racial wealth gap through community wealth building strategies. We are a community of investors, advocates, and activists working to transform systems and structures of capital to create opportunities across the South. We promote understanding of community wealth-building strategies to cultivate the engagement, capacity, leadership necessary to shape a new economic narrative in Atlanta residents.
General Loan Eligibility and Requirements
Application Fee
No application fee
Loan Amounts
$10,000 and $25,000
Interest Rate
No interest
Use of Fund
Loan can be used for working capital, operating and emergency maintenance,
property taxes, utilities, rent, and supplies
Terms
36-months repayment plan
Copyright © 2023 GMEN - All Rights Reserved.
GMEN (Georgia Micro Enterprise Network) is a statewide, 501(c)(3) corporation established in 1997 to be a catalyst for economic development and to create opportunities and a better environment for small, micro and agribusiness development in the State of Georgia.
Registration for, participation in and/or attendance at GMEN programs, meetings and other activities constitutes an agreement by the attendee to GMEN’s use and distribution (both now and in the future) of the registrant or attendee’s name, likeness, image, voice, comments and/or appearance in any and all media, including the Internet, for any purpose consistent with the GMEN’s mission, without compensation.
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