2020 EvMBAs Support Local Atlanta Small Businesses!
We love Atlanta and are proud to call it home. COVID-19 has created uncertainty not only for our class, but also our many neighbors here in the Atlanta area that own small business. These business owners and those that they employ are unsure if and how they can move forward. For those that are able, we encourage members of our class to contribute to our class gift which will be directed to Goizueta Business School’s Start:ME Accelerator Program.
We’re rallying the EvMBA 2020 Class raise funds to support the ability of Start:ME alumni ventures to remain resilient both today and over the next year in the face of the economic uncertainty that COVID-19 has created. The first week of COVID-19 has already impacted these businesses as illustrated by these results from March 22, 2020 survey conducted by Start:ME program:
- 70% of Start:ME businesses have decreased their hours significantly and/or shut down operations completely
- 77% of Start:ME businesses have experienced significant decrease in sales revenue
- 30% of Start:ME businesses have decreased the number of employees and contractors they typically employee
- 60% of Start:ME businesses anticipate requiring emergency funding for ongoing business continuity
Please join us in contributing funds to help local Start:ME business owners and those they employ remain resilient today and tomorrow.
The Impact of Your Gift
Gifts to the EvMBA 2020 Class Gift campaign will be directed to Start:ME’s Small Business Resilience Support. The $3,500 Class Gift goal, if achieved, will provide seven $500 emergency business continuity grants.
Start:ME is an intensive 14-week business training program for promising local small businesses. Emory's Goizueta Business School partners with community-based nonprofits to deliver the program to talented entrepreneurs who live in, work in, and/or provide valuable products and services to the local community. During the 14-weeks, and beyond, the program connects those entrepreneurs to knowledge, networks, and capital necessary to build and grow businesses.
Since 2013, the program has helped more than 200 small businesses start and grow. These small businesses, 84% of which are owned by people of color, make a BIG impact in the local neighborhoods of Clarkston, East Lake and Kirkwood, and Southside Atlanta. In addition to providing important products and services to their neighbors, these small businesses employ more than 300 individuals in addition to providing critical income to business owners and their families. See Start:ME alumni shopping guide to learn more about local businesses served by program.