For nearly 20 years, Mercy Corps Northwest has offered Individual Development Accounts (IDAs) to assist Oregonians in saving money to start or grow a small business by enrolling them in a grant program.
The program requires grantees to save $1,200 over a period of 6 months to 24 months and one day. The $1,200 in savings is then matched with $6,000 in grant money provided by MCNW for a combined total of $7,200 for their business. Participants will also be pre-approved for a $1,000 credit-building loan.
Are you interested in learning more?
- First see if you qualify. Before attending this IDA information session, we strongly encourage you to review the program qualifications on our IDA Program page to make sure that you qualify. NOTE: This program has a business education prerequisite.
- Attend this information session. In this webinar, we will go over eligibility, prerequisites, documents needed to apply and more.
- Apply for the IDA program! The next application period will open on Friday, January 28th at 9:00 AM and close on Saturday, January 29th at 5:00 PM. Online applications will be accepted through our website and paper applications will be accepted via email or postal mail. NOTE: Paper applications will be accepted if submitted via email by 5:00 p.m. on January 29 or if mailed to 43 SW Naito Parkway with a postmark of January 29th. Applications must be complete to be considered.
Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact email@example.com.
- Registration closes the morning of the event at 9:00 am. Once the event registration is closed, you will need to wait for the next offering in order to register. We cannot accommodate late registrations.
Note: This orientation session will be online. A link on the remote meeting will be sent to registrants no later than 9:00 AM on the same date as the event.