In the fall of 2016, LEAF was awarded a year-long PRIME grant from the Small Business Administration. Through collaboration with the Dudley Street Neighborhood Initiative, the CommonWealth Kitchen, and Project Hope, LEAF has identified and assisted over 40 disadvantaged entrepreneurs through three quarters. This rate doubles the milestones set upon receiving the grant. Common client issues include low credit scores, lack of assets to be used as guarantees, and difficulty obtaining permits. Assistance often takes the form of market analyses, budget and marketing counseling, and connecting businesses with new sources of capital.
In order to provide more general outreach, LEAF has hosted and presented at five public workshops. Topics ranged from making a budget to how to start a cooperative business.
If you are a business owner in need of technical assistance, please contact us!