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NASE Members Receive $20,000 In Business Development Grants
Washington, D.C., October 1, 2009 –
Micro-business owners received a financial boost to their business in
the third quarter, thanks to the National Association for the
Self-Employed’s Business Development Grant Program. These NASE Members,
with businesses as varied as a communications firm and a recycling
service, were awarded a total of $20,000 for their businesses.
With the Business Development Grant program, NASE Members can apply for
up to $5,000 for a specific business need such as the purchase of new
equipment or software, or the funding of advertising, marketing
materials and training. Since the program began in 2006, the
association has awarded over $350,000 to member businesses.
The NASE Business Development Grant Program offers access to capital for
micro-business owners who have a specific business need – but lack the
finances to carry out that goal. The program was designed after an
online NASE Member poll found that a majority of micro-business owners
(57 percent) initially fund their businesses using personal savings, and
many (40 percent) continue to use personal savings for ongoing
financing.
“Over the past two years, we’ve seen how just a small amount of capital
can get a business off the ground,” said NASE President Robert Hughes.
“When a retailer can suddenly sell products online or a contractor can
buy a piece of equipment instead of renting it—those small changes to
the way a business operates can generate huge profits.”
The following NASE Members received grants during the third quarter of
2009:
Theresa Cassiday of
Catena
Creations, LLC in Bellevue, Neb.
Janna Piper of
Janna
Piper Housesitting in Portland, Ore.
Lily Hay of
Aglow Marketing, LLC
in Indianapolis, Ind.
Robby Gerken of Erie Recycling Services, LLC in Antwerp, Ohio
To learn more about the NASE Business Development Grant program,
click
here. Benefit availability dependent upon membership level.
About the NASE
The National Association for the Self-Employed (NASE) is the
nation's
leading resource for the self-employed and micro-businesses,
bringing a
broad range of benefits to help entrepreneurs succeed and to
drive the
continued growth of this vital segment of the American
economy. The
NASE is a 501(c) (6) nonprofit organization and provides
big-business
advantages to hundreds of thousands of micro-businesses
across the
United States. For more information, visit the association's
Web site
at www.NASE.org.
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