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ADAMS BROWN COUNTIES ECONOMIC OPPORTUNITIES, INC.

Microenterprise Development
Program

MICROENTERPRISE DEVELOPMENT PROGRAM

The Microenterprise Development Program offers aspiring entrepreneurs the opportunity to make their dreams become a reality. Microenterprises are small business of five or less individuals with often the owner being the only employee of the business.

The Microenterprise Program offers a twenty hour Business Education Course to low-and moderate income individuals that covers setting business goals, financing, pricing products and services, preparing cash flow statements, record keeping systems, understanding financial statements and balance sheets, writing business plans, and more. The classes are interactive, educational, fun, and most importantly, give someone wishing to start their own small business a solid foundation.

The Microenterprise Development Program also offers small business loans ranging from $500 to $15,000. Loans can be used for business start-up or expansion.

INDIVIDUAL DEVELOPMENT ACCOUNTS

Have you ever dreamed of owning your own home, running your own business, or further your education? Would you like up to $4,000 to help you realize that dream? If you answered yes to any of these questions, then you need to know more about Individual Development Accounts (IDAs).

IDAs are matched saving accounts designed to help low-income individuals save money towards the purchase of a home, start up or the expansion of a small business, or to further one's education.

IDAs work like saving accounts, only better. For every dollar you save in your IDA, you will receive two dollars in grant money as a match to your money.

For more information , contact Lisa Tumbleson - Davis at 937-378-6041

ext. 238or 800-553-7393 ext. 238

Last modified: 04/05/10