Economic Development/Downtown Development Authority

BOOST Stone Mountain

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BOOST Stone Mountain 

A Stone Mountain Village Investment Group

A City of Stone Mountain Downtown Development Authority/Main Street Stone Mountain Initiative

What do small business owners need more than anything? Support. Whether that is people eating in their restaurants, shopping in their stores or just passing along a post on social media. In Stone Mountain Village, we want to do more. We want to give our small business owners a little bump, a nudge…a BOOST.

An investment group has formed to provide grant money to small business owners and entrepreneurs in the Village. The concept is simple. Get together a group of investors who contribute a minimum of $100 twice a year. The money will go into a fund housed with the Main Street Stone Mountain (501c-3).  Investors are asked for a two-year commitment. That’s $400 over two years…$400 that will directly impact a small business in Stone Mountain Village.

The goal is to attract enough investors to award grants quarterly. There is no limit on the number of investors and if an investor wants to contribute more than $200 per year, bring it on!

Business owners apply for grants quarterly. The investors meet quarterly to review the grant requests. Grant amounts will be made in amounts from $100 with a maximum award of $1000.  Business owners can only receive one grant per year. Grants will be made for things like signage, equipment or marketing needs. Full lists of eligible requests are listed on the grant form.

The Results
After two award cycles BOOST is pleased to share the following results:
17 applications
4 grants awarded for a total of $2613.95.

Georgia Stars

We would love for you to join us as a member of BOOST Stone Mountain.  If you have any questions, please feel free to call Kim Cumbie at 770-498-8984 x137 or Thom DeLoach at 678-410-8556. The investor form can be found here.

BOOST

If you are a business owner interested in applying for a BOOST grant you will need the application checklist  and BOOST grant application . If you have any questions please contact Kim or Thom.