SOCIAL ENTERPRISE ENTREPRENEURIAL PROGRAM
Initiative to Create Jobs for Low- Income Workers & Reduce Personal & Community Barriers
About The Program
The focus of this program is to support Social Enterprises; cause-driven businesses focused on addressing basic unmet needs of society, or solving a societal or environmental problem, through the use of market-driven approaches to create sustainability and reinvestment into their mission.
At Prestamos we are in the business of helping businesses succeed. Understanding that each client has unique needs, our approach is never a one size fits all. In efforts to address that, our commitment to our clients is to provide them with top-notch service and expertise. That is where our business consultants come in. To truly understand the areas of growth opportunity of our clients, our consultants take the time to personally meet and learn about each business. Our highly-skilled and knowledgeable consultants come with an array of expertise and were selected by Prestamos to address the needs of our clients.
From business owners, accountants and financial experts, to website developers, social media and content experts; our consultants are gurus in their respective fields. They are able to provide our clients with website building, processes and procedure solutions to streamline operations, business development, financial and accounting assistance, or content development. The advising capabilities of our consultants is vast and valuable.
Resources
All participants have access to resources:
- Access to a community of like-minded, social-focused entrepreneurs
- Access to transportation & child care subsidies
- Membership to co-working & flex desk space
- Reduced rates for private office rentals
- Dedicated resident coaches to serve as mentors/coaches
- Weekly advisement office hours
- Supplementary interactive workshops
- Up to (5) hours of conference room space per month
- Up to (250) pages of printing per month
- Access to opportunities for business capital
Who is Eligible
In order to be eligible to participate in the program, applicants must meet the following eligibility requirements
- Meet the definition of a Social Enterprise as defined by: “A profit-making business or non-profit organization that uses revenue-generating activities to:
- Develop new products, services, and commercial activities that result in the creation of new, full-time, full-year jobs–at least 75 percent of which will be filled by individuals with low incomes;
- Reinvest funds back into the community or into supporting the individuals with low incomes filling those positions;
- Through local entrepreneurship, reduce or remove barriers that the individuals with low incomes filling the positions face (e.g., those reentering into the community from the criminal justice system, experiencing domestic violence, suffering from substance dependence, lacking adequate childcare, etc.).
- Have a commitment to job creation for Low-Income Individuals (LII)
- Have a commitment to reinvesting a portion of their profits towards a social mission
REQUEST AN APPLICATION
