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NASE Members Receive Over $30,000 In Business Development Grants
Program Continues To Help Members Grow, Succeed
Washington, D.C., June 22, 2009
– Micro-business owners received a financial boost to their business in
the first and second quarters, thanks to the National Association for
the Self-Employed’s Business Development Grant Program. These NASE
Members, with businesses as varied as a wedding photographer and a horse
trainer, were awarded a total of $33,743 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 first and second
quarters of 2009:
Elizabeth Stultz of
Elizabeth
Stultz Photography in Windham, Maine
Jonathan Beck of
JBS Multimedia
in Huntington Beach, Calif.
Steve Huffman of Steve Huffman Training Stables in Nampa, Idaho
Susan Steele of
Artistic
Touch Studio in Gilbert, S.C.
Elizabeth and Scott Dupre of
The
Pagoda Vent Company in Kittery Point, Maine
Scott and Karen Logan of
The Blue
Mermaid Island Grill in Portsmouth, N. H.
Douglas Springer of
Springers
Gymnastics Center, LLC in Ellsworth, Maine
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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