Augusta Technical College, in partnership with the Downtown Development Authority of Augusta, has announced that SRP is the naming sponsor for Accelerate Augusta, the region’s newest small business incubator and microenterprise center.
SRP has made a significant multi-year commitment to support the project. As a result, the initiative will be referred to as “Accelerate Augusta Powered by SRP” for the next 10 years. SRP’s investment will provide furnishings and technology for the program, which will be headquartered at 600 Broad Street, as well as underwrite training programs for emerging businesses.
“SRP has long played a critical role in supporting businesses in the CSRA. We are delighted that they are committed to this hub for innovation and entrepreneurship,” said Dr. Jermaine Whirl, President of Augusta Technical College. “This is the first of a three-part partnership between the college and the credit union. We look forward to announcing additional projects within the next few months.”
ABD asked Dr. Whirl about the status of the Executive Director position for Accelerate Augusta. He said the candidate has been selected and an announcement will be made in the next couple of weeks.
Accelerate Augusta is poised to become a cornerstone for small business development, providing a dynamic space for entrepreneurs to thrive. Housed in the renovated I. M. Pei Building, situated in the heart of Downtown Augusta, the center will offer essential resources, mentorship, and growth opportunities.
“Augusta Technical College is a driving force in the CSRA for enhancing workforce readiness and building economically stronger communities. Accelerate Augusta represents the next evolution of the college’s ability to promote economic development by serving as a launching pad for entrepreneurs, startups, and innovators. We are honored to forge a strategic partnership with Augusta Technical College on this initiative, which will have a generational impact on our communities,” stated Eric Jenkins, CEO, SRP Federal Credit Union.
Renovations on the site of Accelerate Augusta are expected to be complete by the end of the year.
