Albany non-profit receives large grant - WALB.com, Albany News, Weather, Sports

Albany non-profit receives large grant

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By Wainwright Jeffers - bio | email

September 10, 2008.

DOWNTOWN ALBANY, GA (WALB) - A big bank and a small community organization are teaming up to provide resources to local entrepreneurs and small business owners.

Bank of America awarded Albany Community Together Incorporated a $30,000 grant.

The money will help provide technical assistance,  business development training, and financial management training to people starting or expanding a small business in the Albany area.

"We provide access to capital for small business owners who are generally not able to go to a bank to receive funding for whatever reason. They may have collateral shortage, maybe a startup that the bank is no longer doing, restaurants, beauty salons ,and they just come here to us," said Thelma Adams-Johnson, President/CEO-Albany Community Together Inc.

ACT says the grant will enable them to help Albany area high school students, who submit business plans in an annual competition to start a school-based enterprise.

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