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Academy for Green Microenterprise Development Peer Network. Facilitated by Liz Penney, Director of Community Outreach, ACE/Georgia Green Loans Jason Friedman, Principal Friedman Associates. Funded in part by U.S. Small Business Administration PRIME Program. Background.
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Liz Penney, Director of Community Outreach, ACE/Georgia Green Loans
Jason Friedman, Principal
Funded in part by U.S. Small Business Administration PRIME Program
All three could be described as “green” even though they vary considerably on where they fall on the continuum in terms of sustainability and environmental commitment.
Scott Cooney in Build a Green Small Business defines it as one that incorporates the following attributes of environmental commitment into its business plan:
Our mission is to provide Access to Capital, Connections, and Education to help new and existing small businesses.
ACE provides loans of $500 to $50,000 in 68 North Georgia counties, including the Atlanta metro area.
ACE is an SBA Microloan Intermediary and CDFI.
Since 2000, ACE has loaned over $4.5 million and created or retained over 1000 jobs.
A new brand…
Georgia Green Loans provides capital to start or expand an eco-friendly product or service or “green” an existing business
1,917 unique visitors since May 2009; ranked high in Google due to blog, Facebook and Videos
Green industry businesses, including alternative energy, organic farming, recycling, conservation, green building and pollution prevention.
“Traditional” businesses who want to implement green products or services, make energy efficiency improvements, or become more sustainable.
“New jobs come from new young firms.”
Kauffman Entrepreneur Foundation, 2009
“This area used to be all textiles…it can become an agricultural force in Northeast Georgia”
- Arthur Thomas, Owner/Founder
“Every component of our metal and glass doors is American Made! Plus, no one else is building these doors in the US.”
- Israel Greene, Owner
Little Beetle organic diapers and wool covers
Demographic Data collected on all loans
* Calculated on ACE’s Georgia Green Loans multiplier