Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Georgia panel hears proposals to boost small-business culture, access to capital and workforce while members flag housing pressures
Summary
Presenters at the Small Business Development Committee emphasized changing attitudes toward failure, new financing tools and workforce training to grow tech and other small businesses, and several speakers linked declining homeownership and investor purchases of houses to reduced pathways for entrepreneurship.
Members of the Georgia House Small Business Development Committee heard Thursday from entrepreneurs, industry representatives and lawmakers who urged steps to change the state’s business culture, improve access to growth capital and address workforce and housing barriers that speakers said limit small-business formation.
Chairman Todd Jones, speaking to the committee about the tech sector, framed the conversation around three priorities: culture, finance and workforce. "We need to be looking at what we can do to change the way that the state... view failure," Jones told members, arguing that tolerance for early failure fuels later success. He also said, "We got about 3,000,000,000 sitting on the sidelines," and warned that only about "10 to 15%" of early-stage companies reach the revenue levels that require larger, growth-stage capital.
The finance discussion focused on a…
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
