Renewal, Inc. in partnership with Louisiana Economic Development (LED) and the Louisiana Department of Social Services, created the Microenterprise Development Program to provide self-employment training that gives entrepreneurs the competitive advantage they need to succeed.
Working with partners across the state, the program begins with a comprehensive assessment. Once complete, participants begin a 45 hour comprehensive course that includes training on personal skills, financial education, and entrepreneurship. The course also includes writing a business plan.
Upon successful completion of the program and application process, participants become eligible to apply for State Funding that is currently Up to $2,000 through an Individual Development Account (IDA). The funds can be used to cover or supplement start-up business costs.
YOU QUALIFY FOR THE MICROENTERPRISE PROGRAM IF:
1.You are a parent of a minor child that is at least 18 years old or younger.
and
meet one of the following critera:
2a. You receive FITAP, KCSP payments, free/reduced school lunch, food stamps, Medicaid or LaChip
or
2b. Your family income is no more than 200 percent of the federal poverty level.
For more information on the Microenterprise Development Program call Renewal at 318-387-2999. For more details on how the program works, please click here and download the Microenterprise Development Program (PDF).
Learn more about the program by visiting the Louisiana Dept. of Economic Development's website at: http://www.ledlouisiana.com/opportunities/incentives--programs/microenterprise.aspx