CareSource Foundation to Help Support Black-Owned Businesses in Atlanta
Wednesday, June 24th, 2020
CareSource, a leading multi-state managed care plan, announced Monday a donation of $180,000 from the CareSource Foundation for the RESTORE ATL Fund, created by the Metro Atlanta Chamber (MAC). The Fund will support black-owned small and medium-sized businesses impacted by the COVID-19 pandemic. The announcement was made by Bobby Jones, Georgia market president at CareSource.
The RESTORE ATL Fund will provide immediate gap assistance to affected businesses in metro Atlanta through the distribution of grants in the amounts of $5,000-$10,000. The funds can be used for operating expenses including rent, utilities, payroll and other business-related needed. The grants will be reviewed and awarded within two to three weeks of the application deadline of July 6. The Fund builds on the work of MAC’s RESTORE task force, a diverse group of business leaders which aims to provide a blueprint for how metro Atlanta and Georgia might accelerate economic recovery.
Applications for the Fund open on Monday, June 22 and will close on Monday, July 6.
“While we recognize that this fund will be a small step to restoring our region’s economy, we are proud to build on the work of RESTORE, as well as our understanding of the disproportionate impact COVID-19 has had on our region’s black community,” said Metro Atlanta Chamber president and CEO Katie Kirkpatrick. “Atlanta has long been known as a place where black entrepreneurs have had success. We want to honor this important part of our legacy and support black-owned businesses. We appreciate the CareSource Foundation for its generous donation as we position our region for the future.”
“CareSource’s history of supporting both the health of our members and the surrounding communities made our choice to support small businesses with the RESTORE ATL Fund an obvious decision,” added Jones. “We are proud to support our fellow Georgians through these unprecedented times as a partner of the Metro Atlanta Chamber.”
MAC established the RESTORE task force in April to deliver a comprehensive list of policy solutions that federal, state and/or local governments in Georgia can apply to rapidly recover from the economic recession. The group took on this important task while prioritizing the health of Georgia’s families and neighbors, and taking into account the state’s most vulnerable populations.
The Dayton-based health plan has pivoted their charitable resources to support both front line health care providers, to meet the variable community needs around social determinants of health and, most recently, to support small businesses in their local markets. Last month, CareSource, in collaboration with the Dayton Area Chamber of Commerce, announced a program to support Dayton local businesses affected by the economic disruption amid the pandemic. This economic program is being replicated in CareSource’s four additional markets.
For more information on the RESTORE ATL Fund please visit: