WHEREAS the city of Atlanta continues to have one of the highest rates of income inequality among the major U.S cites; and
WHEREAS, the best alternative for the City to begin to change that narrative is to promote job support initiatives which create and support jobs offering a living wage; and
WHEREAS, according to the United States Small Business Administration (“SBA”), small businesses account for the creation of more new jobs than larger employers, at a rate of over 60%; and
WHEREAS, statistics provided by the SBA show that in 2015 small business created 1.9 million jobs, and firms which employed fewer than 20 employees experienced the large gains, adding 1.1 million jobs; and
WHEREAS, these statistics offer evidence that small businesses are the engine of the American economy, employing neighbors and friends and often developing innovative ideas and products which provide a viable path to the middle class; and
WHEREAS, creating a City of Atlanta Small Business Advisory Council (“SBAC”) with established business and financial professionals who shall advise the Council will demonstrate the City’s commitment and support of small businesses and entrepreneurs; and
WHEREAS, the Small Business Advisory Council in its advisory capacity shall make policy recommendations to the City Council to help small businesses and entrepreneurs flourish and create more living wage jobs; and
WHEREAS, the success of Atlanta’s small businesses and entrepreneurs is a critical component to improving the continuing income inequality which has plagued the City.
THE CITY COUNCIL OF THE CITY OF ATLANTA, GEORGIA HEREBY ORDAINS, as follows,
SECTION 1: A Small Business Advisory Council is hereby established for the purpose of providing policy recommendations to the City Council to help small businesses and entrepreneurs flourish and create more living wage jobs.
SECTION 2: The Small Business Advisory Council shall be comprised of seven (7) members who shall serve for a period of two years upon Council confirmation, and shall be appointed in the following manner:
1) The Mayor shall appoint one (1) member who is a marketing professional
2) The Council President shall appoint one (1) member who is a financial accountant
3) Councilmembers from Districts 1, 2, 3,4 and Post 1 At-Large shall appoint one (1) member who is a business attorney
4) Councilmembers from Districts 5, 6, 7, 8 and Post 2 At-Large shall appoint one (1) member who is a small business owner (business employing no more than 100 employees)
5) Councilmembers from Districts 9, 10, 11, 12 and Post 3 At-Large shall appoint one (1) member who is the owner of a startup and/or a micro business (business established for a minimum of one (1) year, but less than three (3) and/or a business with fewer than five employees, including the owner)
6) The Atlanta Development Authority/DBA Invest Atlanta shall appoint one (1) member who is a small business loan administrator
7) The Atlanta Business League shall appoint one (1) member from its Board of Directors
SECTION 3: The chief sponsor of the legislation shall serve as the convener of the initial meeting, and as an ex-officio member.
SECTION 4: The Advisory Council shall meet as often as it deems necessary, but at a minimum frequency of once monthly, and shall provide quarterly updates to the Community Development/Human Services Committee.
SECTION 5: All ordinances and parts of ordinances in conflict herewith be and the same are hereby waived to the extent of the conflict.