Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Invest Atlanta presents FY26 ask, highlights small-business support and food-access investments
Summary
Dr. Eloisa Comentich told the Atlanta City Council Invest Atlanta seeks $3 million in general‑fund support for FY26 while reporting large private investment leverage, expanded small‑business lending and targeted food‑access grants focused on disinvested neighborhoods.
Dr. Eloisa Comentich, president and CEO of Invest Atlanta, told the Atlanta City Council budget hearing on May 20 that Invest Atlanta is seeking $3 million in the city general fund for fiscal 2026 while continuing programs aimed at small businesses and food access.
The request matters because Invest Atlanta says its 2024 investments — $717 million of direct investment that the agency reported leveraged another $900 million for a total capital impact of $1.57 billion — are concentrated in the city’s disinvested neighborhoods and are intended to produce jobs, tax revenue and neighborhood revitalization. "For every $1 of general fund dollars that come to Invest Atlanta, we have been able to return to the city $7.2," Comentich said.
Invest Atlanta emphasized measurable results and tools. The agency described 18 targeted small‑business financing programs that provided about $14,800,000 in direct grants and loans in 2024 and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
