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Trump Cuts $3M Grant, Hurting Atlanta's Black Entrepreneurs

8/21/2025

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Summary

Story summary

The Trump administration canceled a $3 million capital readiness grant, disappointing local entrepreneurs in Atlanta.
U.S. Senator Jon Ossoff criticized the decision, stating it negatively affects Black businesses and called for funding restoration.
The Urban League of Greater Atlanta reported layoffs linked to the funding cut, which previously aided over 4,700 small business owners.

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Story summary

The Trump administration canceled a $3 million capital readiness grant, disappointing local entrepreneurs in Atlanta.
U.S. Senator Jon Ossoff criticized the decision, stating it negatively affects Black businesses and called for funding restoration.
The Urban League of Greater Atlanta reported layoffs linked to the funding cut, which previously aided over 4,700 small business owners.