CORE PROGRAMS

Microenterprise Business Assistance

Entrepreneurs are provided one-on-one technical support in business plan development, assistance in obtaining business licenses, certifications, etc. Educational workshops are available to assist entrepreneurs in learning about financial management, manual accounting, use of QuickBooks software, tax reporting, and obtaining financing.

The targeted group is low/moderate income  (LMI) entrepreneurs that do not qualify for bank financing, and want to set up a microenterprise. All services are conducted in both English & Spanish provided by culturally competent staff and/or consultants.

Access to Direct Loans

Access to loan capital is the most important part of the program. Once entrepreneurs have participated in the educational workshops, they may qualify for direct loans from the community loan fund managed by the organization. The direct loan range from $2,000-$5,000, with some opportunity of loans up to $250,000 for a business expansion. The loan capital funds are derived from federal, state and local government grants, as well as private banks. (See partnership Section)

Small Business Incubator (SBI)

Enhanced services for start up and microenterprises are provided via a virtual incubator concept that provides ongoing on site technical assistance for start up businesses. The microenterprises are called desk tenants and have access to staff support and computers to help with bookkeeping/payroll, obtain the appropriate licenses and certifications, workshops, etc.  The targeted industries are general/specialty contractors and owner/operator long haul truckers, service businesses and cooperative groups.  Procuring contracts with local, state or federal government or connecting them with prime contractors is also provided. There are executive suites for rent with access to fax, internet services and use of a conference room.

Center for Latino Farmers (Center)

The Center was created based on the demand for services.  The target market is new and beginning socially disadvantaged (SDA)farmers/ranchers with special focus on limited English speaking immigrants in their transition from farmworkers to farm owners. The program helps empowers the farmers by educating them on personal financial responsibility, loan processing and more importantly connecting them to USDA programs. Services include assisting in them qualifying for FSA loans for purchasing farm land, equipment or for operations, as well as assisting them in obtaining crop insurance and learning increased conservation practices. The 2012 Ag Census ranked WA State as #6 in the nation in regard to growth of Latino farmers, which can be attributed to the work of the Center.