An abundance of compelling DeKalb County resources await, offering an exceptional quality of life, including: a business friendly environment; a highly educated workforce; a sophisticated global infrastructure of major interstates, rails and the world’s busiest airport; and a vast entertainment magnet.
Decide DeKalb’s strategies to diversify our economy and preserve the county’s lifestyle and character are to:
- Continue attracting and recruiting compatible businesses to the county.
- Evaluate and identify businesses that complement existing industries.
- Assess recruitment efforts’ impact on existing businesses.
- Assist DeKalb cities in recruiting businesses in their incorporated and unincorporated areas.
- Network with the Georgia Department of Economic Development for new business recruitment efforts.
- Keep contact with the state’s economic development department and other national, state and local resources.
- Develop a systematic process to track and follow-up on potential business leads.
Other business recuitment strategies include:
- Establishing proficiency in location marketing and site selection.
- Maintaining county land-use ordinances and zoning regulations that are conducive to business recruitment and relocation efforts.
- Developing and implementing a hosting assistance team.
- Establishing an international engagement strategy.
Business Retention & Expansion
Jobs appear when existing local businesses grow. To support such growth, Decide DeKalb:
- Develops and implements new and existing business support programs, working with DeKalb cities, local business associations and chambers of commerce, to learn about their needs and challenges.
- Facilitates and hosts events for county businesses, including the annual Small Business Summit, to increase awareness and business resource usage.
- Identify funding sources and provide materials to help businesses complete funding applications.
501(c)(3) Nonprofit Organizations
This nonprofit bond financing consists of loans, or sometimes, leases or installment sales, from a local government entity. That entity often is a development authority or development corporation (the “issuer”).
State laws vary for bonds, but most jurisdictions have them. Their interest rate is low because bonds that the issuer issues can qualify to pay tax-exempt interest to the investors under the Internal Revenue Code. That low rate passes on to the nonprofit. The issuer either takes the money raised from the bonds to re-loan to the nonprofit, or the issuer uses that money to acquire facilities to lease or sell to the nonprofit. The issuer pledges that the loan, lease or sale agreement is the payment source for the bonds, and the issuer is not otherwise liable for the bonds.
LEARN MORE about tax-exempt bonds.
Private Activity Bond Financing and Incentives
This financing consists of loans, or sometimes, leases or installment sales, from a local government entity. That entity often is a development authority or development corporation (the “issuer”).
State laws vary concerning bonds, but most jurisdictions have them. Their interest rate is low because bonds that the issuer issues can qualify to pay tax-exempt interest to the investors under the Internal Revenue Code. That low rate passes on to the user. The issuer either takes the money raised from the bonds to re-loan to the user, or the issuer uses that money to acquire facilities to lease or sell to the user.
LEARN MORE about private activity bond financing.
It takes money to make money. To help businesses find it, Decide DeKalb boosts their awareness and ways to get capital, regularly updating them on primary funding source information. We also provide an easier-to-use, one- or two-page fact sheet. It includes contacts at:
- Credit Unions
- Small Business Administration and more
But our professionals dig deeper, working with secondary funding sources. As a result, we offer a condensed fact sheet that lists contacts for lending institutions or incentive programs, such as a:
- Revolving Loan Fund
- Targeted Business Assistance Fund
To assist with loan preparation, Decide DeKalb refers businesses to business plan organizations and accommodates their meetings at our “one-stop” office.
Decide DeKalb considers matching contributions for Community Improvement Districts, Livable Community Initiatives and business association initiatives. We also consider sponsorships of community-based events that enhance business and the quality of life in the county.
To receive contribution consideration, please submit this form.