Healthcare Georgia Foundation is pleased to announce that Access to Capital for Entrepreneurs, Inc. (ACE) has been awarded $250,000 in Strategic Health Impact Investment funding. The Foundation is thrilled to establish this partnership with ACE, and applauds their attitude of service for small businesses and their surrounding communities.
Martina Edwards, ACE’s Chief of Strategic Partnerships notes that “because both wealth and income influence health, small business is a key element in the advancement of health equity. Communities with strong small business sectors often experience better economic outcomes because they are more economically and socially engaged with and invested in its well-being. ACE is excited to partner alongside the Healthcare Georgia Foundation to help fuel not only small businesses, but also community resiliency during this extended recovery period, particularly for women, people of color, and low-income persons.”
Dr. Gary Nelson, President of Healthcare Georgia Foundation, commented on ACE’s funding, “At Healthcare Georgia Foundation, we highly value and cherish the opportunity to partner with organizations such as ACE who are working so diligently to assist communities in a myriad of ways.” Nelson continued, “ACE has proven time and again that they are committed to service that is rooted in diversity, equity, and inclusion, and we are greatly looking forward to the incredible work they will do with this investment.”
Edwards acknowledged, “Like ACE, the Healthcare Georgia Foundation has been around for just over two decades supporting critical work in the state. Small business funding remains hard to obtain. This catalytic patient capital will allow us to meet underserved and diverse owned small businesses where they are, under the current conditions. Ultimately, it will aid our vision to create a ripple effect that not only has a positive impact on the individuals ACE serves directly, but also on their families, employees and communities through economic empowerment and equitable wealth creation.”
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About Healthcare Georgia Foundation
Healthcare Georgia Foundation is a statewide, charitable organization with a vision of health equity in Georgia where all people attain their fullest potential for health and well-being. Through strategic grantmaking, our mission is to enable, improve, and advance the health and well-being of all Georgians. For more information, visit healthcaregeorgia.org.
Access to Capital for Entrepreneurs Inc. (ACE)
ACE is a 501(c)(3) nonprofit and community development financial institution (CDFI) that provides loans and business consulting services to help borrowers throughout Metro Atlanta and North Georgia create and grow stable businesses that generate jobs. Since 2000, ACE has loaned more than $100 million to over 1,400 entrepreneurs, who have created or saved more than 12,000 jobs in Georgia. ACE’s hallmark service is its combination of capital, coaching and connections. ACE is supported by grants and other forms of funding from banks, foundations, government entities and corporations to assist in its mission to help underserved business owners. ACE has offices in Westside Atlanta, Dalton, Rome and Cleveland, Ga., and our ACE Women’s Business Centers in Norcross and Savannah, Ga. For more information, visit https://aceloans.org/.
For Healthcare Georgia Foundation
CONTACT: Rachael Dempsey
Email: [email protected]
For Access to Capital for Entrepreneurs Inc. (ACE)
CONTACT: Martina Edwards
Email: [email protected]