Economics

B2B Stories

Deadlines Looming for Hurricane Recovery Aid

Businesses and individuals trying to recover from Hurricane Helene’s destruction are facing deadlines to apply for assistance, and they are different in Georgia and South Carolina. The Palmetto State has the most immediate deadline. It is on January 7. That is the final date businesses, homeowners, renters, and nonprofits can apply for the Small Business Administration’s (SBA) low-interest disaster loans. Stephen Clark, SBA Public Affairs Specialist, provided ABD with the latest information on how and where to apply. Applications can be filed online at https://www.sba.gov/funding-programs/disaster-assistance. Clark said there are also

Read More »
B2B Stories

2025 Predictions: Trump Policies Edition

Editor’s note: As a follow-up to the venerable Rick Franza’s 2024 prediction outcome article, we wanted to ensure you didn’t miss what he believes will impact your business in the coming year. Grab some libation and dive into 2025! After wrapping up my grading for 2024 (both for my Augusta University/Hull College students and for my 2024 Predictions for the Augusta Business Daily), I am sitting on an oceanfront balcony on Hilton Head Island contemplating the year ahead. Unlike last year, when my prognostications spanned multiple areas (national economy, local

Read More »
B2B Stories

CSRA to host huge U.S. entrepreneurial event

The start-up business world is coming to Augusta later in 2025. Until then, leaders at Make Startups are visiting start-up incubators all over the country. It has been almost a year since ABD first told you about a local entrepreneurial group getting ready to crisscross America to learn and share best practices. Make Startups is based in theClubhou.se and is an offshoot of HACK Augusta. It is in the Georgia Cyber Innovation and Training Center. Eric Parker, CEO of Make Startups, told ABD they have been visiting from the West

Read More »
B2B Stories

Air Show Augusta coming back for a third year

Augusta Regional Airport will have a busy April in 2025 with two events generating visitors. First is the 89th annual Masters Tournament, which will run April 7th – 13th next year. However, from the first arrivals to final departures, it has expanded to nearly two weeks with the addition of the Drive, Chip, and Putt Competition for young golfers, and the Augusta National Women’s Amateur (ANWA) tournament. Augusta Regional Airport staff will have less than two weeks to catch their respective breaths before Air Show Augusta 2025 roars into the

Read More »
B2B Stories

Synovus Sponsored Article: ‘Tis the Season to Protect Your Business from Fraud

Commercial fraud – from phishing attacks and identity theft to check fraud – has been on the rise, affecting businesses of all sizes, including those in Augusta. In fact, in 2023 80% of surveyed organizations were hit by actual or attempted payment fraud attacks, according to the 2024 AFP Payments and Control Survey Report. While the holidays are a time of cheer and joy, it can also be a time when businesses are vulnerable to the seasonal spike in fraud and scams. To protect your business, follow these tips. Verify

Read More »
B2B Stories

Augusta MSA #s a Christmas gift

Economics has always been interested in what creates wealth ever since Adam Smith wrote An Inquiry into the Nature and Causes of the Wealth of Nations. Many of my columns for Augusta Business Daily have examined the nature and causes of the wealth of the Augusta Metropolitan Statistical Area (MSA). Recent research on economic freedom across all MSAs in the US sheds some light on which MSAs are growing the fastest and creating the most wealth. Dean Stansel of the Birdwell Institute, has been compiling an index of economic freedom

Read More »
B2B Stories

Growing the workforce in Georgia and South Carolina

Governors in Georgia in the two-state area are both taking steps to develop the workforce to fill critical jobs for the future. Georgia Gov. Brian Kemp (R) recently announced a commission he created through the Southern Regional Education Board (SREB). Kemp is chairman of the commission which includes Alabama, Arkansas, Delaware, Florida, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. In a news release announcing the commission, Kemp said the goal is to work with leaders across the South to improve educational opportunities

Read More »
B2B Stories

Augusta native to lead downtown incubator

She was raised in Augusta and has returned home to serve as the Executive Director of Accelerate Augusta. Augusta Technical College’s President, Dr. Jermaine Whirl, announced on December 3 that Sheffie Robinson had been selected for the position, effective December 16. Soon after, she met with ABD to talk about her role. “It isn’t often that you’re charged to lead such a major project in a city you grew up in,” she said. “I have phone calls from people like, ‘Hey, I remember when you were just an itty-bitty thing,

Read More »
B2B Stories

New Company on the Horizon Invests in Business Community

More than a year before it is expected to be operational, a new tenant in the Augusta Corporate Park is joining the business community. PureCycle Technologies, Inc., a Florida-based company that converts #5 plastic waste to a renewable resource, broke ground in March 2022 on a $250 million facility in the park off Mike Padgett Highway. “They are grading the site. They started two weeks ago,” Cal Wray, President of the Augusta Economic Development Authority (AEDA), updated ABD. “They started the week before Thanksgiving, so they were finally grading the

Read More »
B2B Stories

2025 Predictions: Trump Policies Edition

After wrapping up my grading for 2024 (both for my Augusta University/Hull College students and for my 2024 Predictions for the Augusta Business Daily), I am sitting on an oceanfront balcony on Hilton Head Island contemplating the year ahead. Unlike last year, when my prognostications spanned multiple areas (national economy, local economy, workplace trends, and the business of sports), this year, the scope of my predictions will be more limited. Given the election of Donald J. Trump as our President, I thought I would tackle predicting how President Trump might

Read More »