Academic journal article Journal of Accountancy

Partners for Growth Awards Grants to Entrepreneurs

Academic journal article Journal of Accountancy

Partners for Growth Awards Grants to Entrepreneurs

Article excerpt

Partners for Growth, an alliance between the American Institute of CPAs and AT&T Capital Corp. to promote small business and social responsibility, has awarded a total of $100,000 to entrepreneurs in Baltimore and Detroit whose fledgling businesses will improve the quality of life in their commumities.

Partners, begun in 1994 as a pilot program (see JofA Feb.95, page 16), helps small, socially conscious business owners start or expand operations by providing grants (from AT&T) and up to one year of free business advice (from local management consultant members of the AICPA).

A task force made up of representatives from AT&T Capital and the Institute's management consulting services division selects the winners from scores of applications it receives from companies in ethnically diverse cities that have shown a commitment to community renewal. In Baltimore, the AT&T Capital-AICPA task force included co-chair R. Christopher Rosenthal, William Dryden, Helen Holton, Philip Lange, Ed Raskin and Kenneth Seal. Members of the Detroit task force included co-chair Judith Trepeck, Eugene Brazeal, Vicki Elmer, Barry Lefkowitz, Richard Segal and Bob Sher.

Providing services to young and old

In Detroit, owners of three businesses received grants:

* Annetta R. Hewitt will use her $25,000 grant to help fund construction of HOOPS!, 24-7, Inc., a basketball facility that will be open 24 hours a day, 7 days a week and offer innercity youngsters a clean, safe, affordable place to play.

* Lynn M. Smith and Michael A. Griggs will open the Black World Bookstore and Cultural Center and Kafe Kemet with the help of their $15,000 grant. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.