ATLANTA — The PEACH Education Tax Credit Fund is a program for businesses to help better prepare students for the future workforce.
The Georgia Foundation for Public Education (GFPE), in partnership with the Georgia Creative Communities Project, is introducing a tax credit program that allows businesses to proactively support students in K-12 schools with the skills a broad range of employers have identified as essential. By participating in the new tax credit program, businesses can help prepare students for the future workforce and engage in growing Georgia’s strong creative ecosystem in communities across the state.
The PEACH Education Tax Credit allows individuals and businesses to donate to the public education system in Georgia and receive a dollar-for-dollar credit on their state income taxes. These dollars are then used to direct grants to K-12 schools and districts. The Georgia Creative Communities K-12 Fund is a program under the PEACH Education Tax Credit. For this initiative, GFPE will invite schools to apply for grants focused on one of five priority areas:
- Film, theater and television production
- Animation, special effects and post-production
- Production of video games, esports, virtual reality and augmented reality
- creative writing
- Audio Production/Music Production
“Our vision for this fund is to connect the workforce of tomorrow to the creative industry jobs that are moving to Georgia at an increasing rate, and to do so in cooperation with Georgia’s creative sector businesses,” said said Paige Pushkin, Executive Director of GFPE. . “We look forward to partnering with the Georgia Department of Economic Development and the Creative Communities Project to bring these opportunities to Georgia districts, schools, and students.”
A recent study shows that 50% of job postings cite creativity as a necessary skill, and educators say the risk of task automation is lower in occupations that require creative problem-solving skills. As technology and creative workforce projects developed and recruited in Georgia have increased, the Georgia Center of Innovation, a strategic arm of the Department of Economic Development (GDEcD), has launched the Georgia Creative Communities Project to help prepare students to participate in the state’s growing creative industries. This economic development initiative connects Georgian communities to nearby resources and opportunities in various creative sectors, including games, animation, post-production, music, and more.
The GFPE, which is the philanthropic arm of the Georgia Department of Education, will announce information about grant opportunities directly to districts and schools as soon as funding becomes available.
“The Georgia Creative Communities Project aims to educate and inform our communities about the wide range of opportunities available here in Georgia’s creative industries. This partnership allows us to impact K-12 education with next-level exposure and learning for students and teachers,” said Dawn Price and Asante Bradford, Engagement Managers. of industry at the Georgia Center of Innovation and co-developers of the Georgia Creative Communities Project. . “We are developing the next generation of content creators here in Georgia. By building the creative ecosystem and a strong future pipeline, we are working to make Georgia a global leader for the next generation of creative talent.
About GFPE and PEACH Education Tax Credit
The Georgia Foundation for Public Education (GFPE) is the philanthropic arm of the Georgia Department of Education and exists for the sole purpose of supporting educational excellence for students in Georgia. GFPE offers easy ways for donors to support students in Georgia’s K-12 system, by investing in an ongoing GFPE project or working with GFPE to fund their vision.
The PEACH Education Tax Credit allows individuals to donate directly to public education in Georgia and receive a dollar-for-dollar credit on their income taxes. The tax credit is capped at $5 million and is approved on a first-come, first-served basis. Interested donors can access more information here.
About the Georgia Creative Communities Project
The Georgia Creative Communities Project is an economic development initiative created by the Georgia Center of Innovation to help Georgia build a strong creative economy by informing, educating, and connecting Georgian communities about traditional and non-traditional resources and opportunities available in a variety of creative sectors. such as: games, animation, post-production, music, etc. Our mission is to help Georgian communities use local creative sectors to position themselves for economic opportunity, while building Georgia’s reputation as a state that embraces the future through creative innovation.
#tax #credit #program #contributes #future #students