Opportunity in Action 2017

by / Tuesday, 21 November 2017 / Published in Blog

November 21, 2017 Business Impact NW launches its inaugural Annual Campaign with the goal to raise over $15,000 to support its free to low cost programs and access to capital for undeserved entrepreneurs and small business owners.

Help us jumpstart 100 new businesses in 2018 with your support.  You can take action for your community by donating and spreading the word about Business Impact NW.

Helping to start just one small business provides jobs in local communities, income to local families, and money investing back into your community to support local parks, resources, families, and more small businesses. Be part of the cycle of positive change in YOUR local community!

To donate please visit businesimpactnw.org/donate.  For more information about the campaign and various events happening throughout, including raffles at local small businesses on Small Business Saturday and a holiday networking party at Flatstick Pub, please check out our Facebook events, Eventbrite site, or website at businessimpactnw.org/support.

What We Do

  • We provide technical assistance and access to lending to underserved aspiring- or established- small business owners
  • We serve clients in Washington, Oregon, Idaho and Alaska, from urban to rural and everything in between
  • Business Counseling is always free
  • Loan Readiness is always free
  • Classes are free to low-cost
  • Lending is relationship-based and flexible to help start or grow a business

The Impact We Have

  • This year in the first 3 quarters,
    • over 55 new businesses were started
    • over 200 jobs were created or sustained
    • over 200 classes and trainings were held
    • over 1700 people attended a class or training
    • over 1100 people received business counseling
  • 99% of loan clients who find funding with us were ineligible through traditional lenders
  • Business Assistance: 70% to women, 64% to communities of color, 32% to veterans, 10% to LGBT and 5% to disabled
  • Lending: 42% to communities of color, 32% to women, and 9% to veterans

Where We Are Going

  • In 2018, we hope to:
    • Start 100 new businesses
    • Create or sustain over 300 jobs
    • Disburse over $7.5 million into the community
    • Partner with more universities, credit unions, banks and local organizations
    • And so much more!

 

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