April 4, 2012
ATLANTA – April 4, 2012 – Invest Atlanta President & CEO and former Obama Administration official Brian P. McGowan will join President Barack Obama for the signing of the Jumpstart Our Business Startups (JOBS) Act, at 1:30 p.m. on April 5 in Washington, D.C. The JOBS Act will assist the nation’s small businesses and startups in gaining access to the capital necessary to grow, and will promote job growth and fuel the economy through helping America’s entrepreneurs.
The JOBS Act is made up of four key components, which include: providing tax cuts to help America’s small businesses hire and grow; putting workers back on the job while rebuilding and modernizing America; creating pathways back to work for Americans looking for jobs; and supplying tax relief for every American worker and family. The JOBS Act is fully paid for as a part of the President’s long-term deficit reduction plan.
“I’m honored to be part of such a monumental step toward our nation’s economic recovery. The JOBS Act will play a critical role in job creation throughout the country and in Atlanta,” said Brian McGowan, Invest Atlanta President and CEO. “With Atlanta ranked as the second top metro area for entrepreneurial activity, I have no doubt that our city will benefit greatly from the signing of this act.”
Aside from national initiatives, Invest Atlanta, the city of Atlanta’s economic development agency, is implementing programs specifically designed to benefit the Atlanta metro area’s entrepreneurs. One such initiative is “Start-up Atlanta,” a program designed to promote the growth of small businesses and start-ups, which ultimately will create jobs in the region. The program is slated to be launched later in 2012.
Atlanta’s economic recovery is on the uptick, as the city was recently ranked No. 2 in job growth among major metropolitan areas according to a study conducted by Arizona State University, which used findings based on the latest job figures from the U.S. Bureau of Labor Statistics.
About Invest Atlanta
Invest Atlanta is the official economic development authority for the City of Atlanta. Its purpose is to strengthen Atlanta’s economy and global competitiveness in order to create increased opportunity and prosperity for the people of Atlanta.
Chaired by the Mayor of Atlanta, and governed by a nine-member board of directors, Invest Atlanta’s programs and initiatives focus on developing and fostering public/private partnerships to create jobs, grow the economy, revitalize neighborhoods, attract investment, spur innovation, and encourage entrepreneurship. To achieve these goals, Invest Atlanta leverages the benefits of bond financing, revolving loan funds, housing financing, tax increment financing (TIF), and tax credits.
For more information on how Invest Atlanta can provide solutions for you or your business, contact us at: 404-880-4100, e-mail: email@example.com, or visit us at: www.InvestAtlanta.com. To get the latest updates, follow us on Twitter @InvestAtlanta, and Like us on Facebook https://www.facebook.com/InvestAtlanta.