Programs
Training Classes
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Access to
Capital
When small companies cannot get
funded by traditional bank programs, the micro loan process
is the next step. Micro loans can be used to purchase
office furniture, fixtures, machinery, equipment, and
inventory. Loans range from $100 to $5,000. Unlike with
traditional lenders, micro lending organizations are not
based on credit history or collateral alone. The focus is on
a borrower’s initiative and desire to succeed, knowledge of
his or her business and market, character, and the
business/family income and expenses. In addition, The Edge
Connection provides access to capital through
the U.S. Small Business Administration (SBA) loans,
DEBCO, venture
capital, and other major financing sources.
Individual Development Accounts (IDA)
IDAs are dedicated savings accounts that enable low-income
individuals and families to receive “matched” funds to use
toward purchasing assets and equipment for their business.
Participants in the IDA program attend economic literacy
classes where they learn about financial management and
receive counseling. This vision is that this training will
ultimately enable them to enter the financial mainstream and
build positive banking relationships and credit.
Alumni Connects Association
The Alumni Connects Association is dedicated to professional
development and networking among The Edge Connection program
graduates. The Association provides a variety of
opportunities, services and resources, including special
alumni events, continuing education programs, national
conferences, alumni contact information, and more. Graduates
of The Edge Connection comprise the leadership of the Alumni
Connects Association.
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