NASE News

NASE Members Receive Over $30,000 In Business Development Grants

For Immediate Release: Contact:    Kristin Oberlander
(202) 466-2100
koberlander@NASEadmin.org
Twitter: koberlander

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.