Browse Economics and Money Stories

In their later years, many people find themselves unprepared to manage the assets they’ve worked a lifetime to accumulate. Without a clear estate plan, families can face emotional turmoil, legal disputes and the potential loss of generational wealth. To address this topic, a collaborative effort between University of Georgia Cooperative Extension and Fort Valley State University Extension hosts workshops and one-on-one clinics designed to equip residents with the knowledge and resources they need to protect their assets.

There are nearly 400,000 individuals employed in some segment of hospitality in Georgia. With the unique mix of leisure travel in coastal Georgia and convention travel in Atlanta, University of Georgia hospitality and food industry management students have a wealth of opportunities to choose the area that suits them best. This versatile experience — with its focus on quality curriculum, meaningful interaction with local and national business, and experiential learning — has already begun graduating the next generation of hospitality leaders.

Startups in the agricultural technology sector face significant barriers on the path to establishment, including access to training and capital. These barriers are heightened for underrepresented entrepreneurs seeking to start new companies. The University of Georgia Grand Farm, part of a historic partnership between the University of Georgia and Fargo, North Dakota-based Grand Farm, aims to change that.

Innovation Gateway will continue supporting startups and technology-based small businesses affiliated with the University of Georgia—thanks, in part, to the renewal of the Federal and State Technology Grant. In partnership with the Center for Black Entrepreneurship, Innovation Gateway is one of 49 grant recipients in 2024, receiving $200,000 to support proposals for Small Business Innovation Research and Small Business Technology Transfer grants, which are awarded to startup businesses engaged in developing advanced technologies.

An outreach program offered by the University of Georgia has received federal funding to train military veterans to start their own farms. Farm Boot Camp, a specialized training program for military veterans and their spouses, offers free monthly trainings and specialized workshops to provide essential skills and knowledge needed to start or return to farming operations.

Wheat breeders spend years meticulously crossing varieties to coax the best traits out of each species, carefully propagating plant varieties that are healthier, heartier and better suited for the environments where they are grown. Brewmasters are equally painstaking when choosing the components that will give their beers a specific flavor profile. These two exacting professions came together this spring when Athens-based Creature Comforts Brewing Co. reached out to the University of Georgia College of Agricultural and Environmental Sciences to find a sustainable wheat variety they could use to make a good beer for a great cause.

Another successful cycle of the University of Georgia’s FABricate Entrepreneurial Initiative wrapped up Tuesday night at the Delta Innovation Hub, with a sustainable pool-maintenance solution winning the $10,000 grand prize. Pool Protection Technologies, founded by UGA College of Engineering students Garrett Stigall and Guy Gober, highlighted its high-quality sound amplifying machine (SAM) that treats algae growth in pools.

The University of Georgia College of Agricultural and Environmental Sciences has launched the specialized Career Impact Training Program (CIT) as part of its ongoing mission to empower students to excel in professional environments. Led by Chris Rhodes, CAES director of industry partnerships, CIT is a comprehensive training program that helps graduates develop the essential qualities they need to be successful in the private sector.

Jim Gratzek, director of the University of Georgia’s Food Product Innovation and Commercialization Center, earned his doctorate in food process engineering from UGA’s Department of Food Science and Technology. He returned to the College of Agricultural and Environmental Sciences in 2022 after nearly 30 years in the commercial food industry, bringing a new perspective. In his experience, the biggest hurdle for new food entrepreneurs who don’t yet have sufficient working capital or manufacturing facilities is moving a product from concept to consumer.

Like proud parents at a recital, undergraduate students in the upper-level University of Georgia “Greenhouse Management” class fussed around the hundreds of daisies, chrysanthemums, Gasteria succulents, snapdragons, dianthus and echinacea they had cultivated for their inaugural plant sale. The October sale, like the rearing of the plants from seedling plugs donated by green industry partners, was entirely student-planned and implemented.