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Opportunity DeKalb outlines plan to spin off Breakthrough Business Academy, seeks $300,000 annual budget
Summary
Opportunity DeKalb presented results from two cohorts of its Breakthrough Community Business Academy, outlined partnerships and fundraising to spin the program into a standalone entrepreneurship organization and said it needs about $300,000 a year to sustain operations.
Opportunity DeKalb told the DeKalb City Council on July 28 that its Breakthrough Community Business Academy has graduated 25 participants so far and the group is preparing to spin the program into an independent nonprofit to provide broader entrepreneurship supports.
The presentation emphasized why the academy matters locally: it provides training for “side hustles” to become viable businesses and aims to offer pre- and post-program supports, capital access, and regional partnerships that could help stimulate redevelopment in the Annie Glidden North neighborhood.
Executive Director Chad Glover said Opportunity DeKalb started the academy last year after research and community conversations and a partnership with Rising Tide Capital. He told council the program has benefited from grants and in-kind support and that the group expects a sustainable…
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