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Taskforce proposes expanding loans, grants and training to boost local small businesses and workforce

Business Development and Workforce Taskforce · June 10, 2024
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Summary

The Business Development and Workforce Taskforce advanced proposals to expand capital access for local "impact businesses" using one-time ARPA funds, create employee-ownership and co-op supports, and broaden workforce training and apprenticeships to meet local high-wage job demand.

The Business Development and Workforce Taskforce on June 10 reviewed subcommittee recommendations to expand financing and training aimed at local small businesses and workers.

The small-business subcommittee proposed using American Rescue Plan Act (ARPA) dollars to expand the existing revolving loan fund and to establish a new impact-business grant program to increase access to capital for locally based "impact businesses." The group also recommended programs to support business succession through employee-ownership training and a purchasing and marketing co-op that would give preference to minority-, women-, veteran- and other certified firms.

Taskforce members also discussed workforce development proposals intended to connect local job-seekers with high-demand, high-wage positions. The recommendations include an upskilling program targeted at adults (originally framed for ages 18–35) and awareness campaigns about in-demand occupations in Athens. The group urged expansion of apprenticeship opportunities across construction trades and into electrical work to link trainees with green jobs and higher-wage roles.

On worker empowerment, the subcommittee recommended educational supports for youth, adults and nonprofits and asked staff to investigate community benefit agreements (CBAs) for Athens-Clarke County (ACC) contracts. Members also flagged a pending disparity study and requested staff find out whether it will lead to procurement changes affecting ACC contracting.

The subcommittee’s recommendations will be prioritized at a full taskforce meeting on June 17 and packaged into a report due June 26 for presentation to the Mayor and Commission in July and August.