MACON, Georgia – In a significant move to bolster local entrepreneurship and development, Synovus Bank has announced a $1 million investment in NewTown Macon. This funding is specifically earmarked to support NewTown Macon’s loan program, aimed at fostering inclusive economic growth within the community, with a particular focus on historically underserved entrepreneurs and developers.
NewTown Macon Synovis
This strategic investment from Synovus Bank is set to empower NewTown Macon in its mission to cultivate a more diverse and inclusive economic landscape. Lauren Marshall, VP of Community Development at NewTown Macon, emphasized the importance of this partnership, stating, “The investment from Synovus propels us toward creating a more inclusive and diverse community, with local entrepreneurs and developers leading downtown’s revitalization. This funding will significantly enhance our lending capacity, allowing us to provide crucial financing and training to local businesses.”
NewTown Macon plays a pivotal role in the local Macon ecosystem by offering vital financial support and training programs. These initiatives are designed to assist entrepreneurs and real estate developers, with a strong emphasis on supporting people of color, women, young individuals, and first-time borrowers. The organization’s efforts are concentrated on enabling Macon residents to launch new businesses, expand existing ventures, and invest in property development and acquisition.
David Danzie, Vice President and Relationship Manager at Synovus, highlighted Synovus Bank’s dedication to community enrichment. “Synovus is committed to supporting underserved entrepreneurs and developers to gain access to capital and training to achieve stability and long-term growth,” said Danzie. “NewTown Macon’s deep understanding of the challenges faced by communities undergoing revitalization makes them an ideal partner. Expanding their existing programs through this partnership will ensure Macon continues to thrive, driven by local talent and vision.”
For those in Macon, Georgia, interested in leveraging this opportunity to start a business, expand an existing one, or renovate a property, further details can be found at newtownmacon.com/loans.
Alt text for the image: Synovus Bank partners with NewTown Macon to invest in local business growth.
