Intuit QuickBooks to Grant $100,000 to Atlanta-Area Small Restaurants in Partnership with Georgia Restaurant Association
November 08 2021 - 7:00AM
Business Wire
Grant program to support local restaurants with
funds to hire and grow
Intuit (Nasdaq: INTU), the global technology platform that makes
TurboTax, QuickBooks, Mint, Credit Karma, and Mailchimp, has teamed
up with the Georgia Restaurant Association (GRA) to support small
business growth and grant $100,000 to restaurants in the Atlanta
metro area. Through the QuickBooks Restaurant Relief Initiative,
restaurants with an annual net revenue of less than $250,0001 can
apply for a $5,000 grant to cover payroll and operating expenses to
help employ and retain staff.
Across the country small businesses are continuing to recover
from the pandemic. The restaurant industry saw substantial revenue
declines during the pandemic, driven by closures, new rules and
regulations and a competitive labor market. However, not all
restaurants and all geographies were impacted equally and the
recovery has been similarly uneven. In Atlanta, monthly revenues
for the city’s surviving restaurants were up 7% in September 2021
compared to September 2019. But for around two in five of these
businesses, revenues were down, according to the latest data from
Intuit QuickBooks. Overwhelmingly, it’s those with annual revenues
below $250,000 that are struggling more.
The QuickBooks Restaurant Relief Initiative aims to help small
restaurant owners get access to necessary funds to help them not
only survive, but prosper.
“Small, independent restaurants are a driving force in creating
the unique fabric of our cities and Atlanta is home to a
particularly vibrant and diverse community of restaurateurs. As
many of these businesses continue to face challenges driven by the
pandemic, these grants are designed to deliver much needed funding
that can help them grow,” said Alex Chriss, EVP and General Manager
for Intuit QuickBooks. “With our recent acquisition of Mailchimp,
an Atlanta-born and based company, we are committed to become even
more connected to this community and support our mission of
powering prosperity for small businesses.”
“Georgia is known for its southern hospitality and amazing
restaurants, yet our small business restaurants are being
disproportionately impacted by the pandemic’s economic impact,”
said Karen Bremer, CAE, President and CEO of the Georgia Restaurant
Association (GRA). “That’s why we’re so excited to partner with
QuickBooks to enable restaurants to apply for funding to help
manage payroll expenses and survive in today’s changing
economy.”
Recipients of the grants will also receive one-year free
subscriptions2 to QuickBooks and Mailchimp to help manage and grow
their businesses.
To receive notifications, including when the grant application
is available, please sign up for
updates.
About Intuit Intuit is the global technology platform
that helps consumers and small businesses overcome their most
important financial challenges. Serving more than 100 million
customers worldwide with TurboTax, QuickBooks, Mint, Credit Karma,
and Mailchimp, we believe that everyone should have the opportunity
to prosper. We never stop working to find new, innovative ways to
make that possible. Please visit us for the latest information
about Intuit, our products and services, and find us on social.
About Georgia Restaurant Association The GRA’s mission is
to serve as the voice for Georgia’s Restaurants in Advocacy,
Education and Awareness. From large chains to start-ups, the GRA
helps make Georgia a better place for restaurants to do business
and helps make restaurants better for Georgia. For more
information, please visit www.garestaurants.org.
____________________________________________________ 1 Net
revenue based on 2020 tax year. 2 Additional terms, conditions, and
limitations apply with services.
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version on businesswire.com: https://www.businesswire.com/news/home/20211108005439/en/
Lyda Scrogings lyda_scrogings@intuit.com Jen Garcia
jeng@accesstheagency.com
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