City Of Beaverton and Mercy Corps Northwest Partner to Give Beaverton Businesses a Jumpstart

News Release from: City of Beaverton
CITY OF BEAVERTON AND MERCY CORPS NORTHWEST PARTNER TO GIVE BEAVERTON BUSINESSES A JUMPSTART
Posted: July 28th, 2010 1:45 PM

-Training courses and loan program help new and emerging businesses -

Mercy Corps Northwest, in partnership with the City of Beaverton, is offering new and expanding businesses additional tools to help them grow. Beginning Thursday, August 5 from 5 to 8 p.m., Mercy Corps Northwest will be hosting a six-week Foundations Business Training course at the Beaverton City Library and Beaverton City Hall. The series of classes will cover a variety of key business topics including marketing, cash flow, financial literacy and business planning. The cost is $150, however, scholarships are available through Mercy Corps Northwest.

"This is a tremendous resource for entrepreneurs and their growing businesses," said Mayor Denny Doyle. "These classes are teaching valuable skills that every business owner should have to help their companies along the path to success, no matter how big or small."

Participants in the Beaverton Foundations Business Training course are also eligible to apply for Mercy Corps Northwest's Individual Development Account (IDA) grant program. The IDA grant program assists low-income entrepreneurs by matching every dollar a participant saves (must save $1,000) with three dollars (totaling $3,000). Participants may then use the resulting $4,000 to purchase business assets or business education to help start or expand their business.

The City of Beaverton, through Mercy Corps Northwest, will also offer loans for new and emerging businesses (income restrictions apply). If the business is based in Beaverton and has five or fewer employees, business owners may qualify for loans ranging from $500 to $50,000 through the new Micro-Lending program.

Limited space is available for the Foundations Business Training course and registration is required. An online or downloadable registration form may be found at www.mercycorpsnw.org. For more information about these and other programs, please visit www.beavertonbusiness.com or www.mercycorpsnw.org, or call Andrea Lindberg at (503) 526-2533.

ABOUT BEAVERTON
Beaverton was recently recognized as one of the 100 Best Places to Live in America by Money Magazine. In addition, Beaverton has been named the safest city in the Pacific Northwest for three consecutive years, as one of the best places to raise kids by BusinessWeek magazine, a Tree City USA for more than 15 years, an All-America City finalist, one of the 100 Best Walking Cities in America by Prevention Magazine, the Recycler of the Year from the Association of Oregon Recyclers, a Bronze Award Bicycle Friendly community designation by the League of American Bicyclists and as one of the Environmental Protection Agency's Green Power Communities. Beaverton also enjoys the most diverse population (by percentage of population) among Oregon cities.

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