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NASE Members Receive $40,000 In Business Development Grants
Program Continues To Help Members Grow, Succeed
Washington, D.C.,
December 30, 2009
– Micro-business owners received a financial boost to their business in
the fourth quarter, thanks to the National Association for the
Self-Employed’s Business Development Grant Program. These NASE Members,
with businesses as varied as an environmental consulting firm and an
accounting firm, were awarded a total of $41,500 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 $400,000 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 fourth quarter of
2009:
Gwen and James Arrigon of
Beckett
Run Inc. in Hamilton, Ohio
Aaron Degler of
Degler
Design, Inc. in Saint Charles, Ill.
Zane Homesley of
Goshawk
Environmental Consulting, Inc. in Austin, Texas
Carl Leonard of
Fogles
Asphalt Sealing in Walkersville, Md.
Tyler Madsen of Born Again Homes in Ellis, Idaho
Gaylene Mann of
Curves
of Dallas in Dallas, Ore.
Mary Miles of
MG
Accounting and Tax Service, LLC in Alpharetta, Ga.
Lesley Rackowski of
Pillowcasegram
& Other Things LLC in Westfield, N.Y.
Nancy Ritchie of
Cranial Tap, Inc.
in Sterling, Va.
To learn more about the NASE Business Development Grant program,
click
here . Benefit availability dependent upon membership level.
About the NASE www.NASE.org .