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Winston Salem Times

Friday, November 15, 2024

Micro-Enterprise Individual Development Account (IDA) Program

Forsyth County Community & Economic Development will be accepting applications for its upcoming Micro-Enterprise Individual Development Account (IDA) Program beginning Thursday December 1st.  The IDA program is a match savings program for low to moderate income persons. Businesses will receive financial literacy education provided by Experiment in Self Reliance (ESR) and small business training provided by S.G. Atkins CDC. Upon completion of the program, participating businesses will be eligible to receive matching grants up to $16,000 toward an approved business asset. To date, the Micro-Enterprise IDA program has invested over $61,000 in matching capital to participating businesses. 

For program requirements and eligibility visit: bit.ly/SmallBusinessIDA

May be an image of 1 person, standing and text that says 'FORSYTH COUNTY MICRO-ENTERPRISE IDA PROGRAM INDIVIDUAL DEVELOPMENT ACCOUNT WE'RE EN A MATCH SAVINGS PROGRAM FOR LOW TO MODERATE INCOME PERSONS TO EARN FUNDS TO EXPAND THEIR SMALL BUSINESS .Expand your financial literacy through monthly classes provided by Experiment Self Reliance Increase your entrepreneurship acumen through monthly classes provided by S.G. Atkins CDC Work with mentor and success coach Refine your business plan Save, budget and earn funds to expand your business MATCHING GRANTS UP TO $16,000 APPLICATIONS OPEN DECEMBER 1ST JANUARY 15TH, 2023 bit.ly/SmallBusinessIDA *Find Eligibility & Requirements on our website CONTACT mitchehi@forsyth.c 336-703-2676'

Original source can be found here.

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