News Summary
The City of Savannah’s Economic Development Department has opened applications for the second cohort of Launch Savannah, a business accelerator program. Aimed at supporting small and minority-owned enterprises, this 12-week program begins on July 1 and includes resources like accounting and marketing assistance. Completion offers participants an accelerator scholarship package, promoting entrepreneurship and economic growth in the community. This initiative aligns with the city’s commitment to fostering diversity and inclusivity in its business environment.
Savannah – The City of Savannah’s Economic Development Department has announced it is now accepting applications for the second cohort of Launch Savannah, a dedicated business accelerator program aimed at supporting small and minority-owned enterprises. This initiative is part of a broader commitment to fostering entrepreneurship and economic growth within the city’s diverse communities.
The 2025 program is set to commence on July 1 and will take place every Tuesday from 5:30 p.m. to 7:30 p.m. until September 16. This intensive 12-week program is designed for aspiring or newly established entrepreneurs who are seeking to develop their business skills and enhance their chances of success.
Interested parties can find applications for Launch Savannah at savannahga.gov/launchsavannah. Participants who complete the course will gain valuable resources and knowledge pertaining to their business ventures.
Upon completion of the program, each participant will receive an accelerator scholarship package tailored to provide essential support services that are crucial for startup businesses. These services include assistance in areas like accounting, marketing, and legal matters, all aimed at elevating participants’ business capacities.
Launch Savannah is part of a larger economic driver initiative that arose from the recommendations of the REAL Taskforce. This taskforce was established by the city to identify and address systemic barriers that disproportionately affect people of color, hindering their ability to fully realize their potential in the business world.
Through this program, the City of Savannah aims to create a more inclusive business environment that not only supports the entrepreneurial aspirations of minority business owners but also contributes to the overall economic vitality of the community. This focus on diversity and empowerment reflects the city’s ongoing efforts to mitigate the challenges faced by underrepresented entrepreneurs.
In addition to the targeted support provided through the accelerator program, Launch Savannah serves as a platform for networking and collaboration among participants. This aspect of the program is particularly valuable as it fosters connections between small business owners who can share insights, experiences, and resources.
The comprehensive curriculum of Launch Savannah is designed to equip participants with practical skills and knowledge that are immediately applicable to their business ventures. Topics covered include financial management, market analysis, business planning, and strategies for sustainable growth, all aimed at building a solid foundation for each entrepreneur’s business journey.
As Savannah continues to thrive as a hub for innovation and entrepreneurship, initiatives like Launch Savannah play a vital role in ensuring that all citizens have the opportunity to participate in the local economy. By prioritizing support for small and minority-owned businesses, the city demonstrates its commitment to fostering an equitable economic landscape.
For more information about the Launch Savannah program and to submit applications, individuals are encouraged to visit the official program page at savannahga.gov/launchsavannah. The deadline for applications will be communicated to interested applicants in due course.
As the city gears up for this second cohort, aspiring entrepreneurs are encouraged to seize the opportunity to benefit from this invaluable program designed to support growth, innovation, and inclusivity within Savannah’s business community.
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Additional Resources
- Savannah Business Journal: Launch Savannah Applications
- Savannah Now: Georgia State Senator Launches Bid
- PRWeb: The Ann Savannah Launches Restaurant
- Encyclopedia Britannica: Entrepreneurship
- Google Search: Business Accelerator Program
