STEP ONE:  Learn about the IDA Program

Mercy Corps Northwest will match your small business savings three-to-one

Once you have established your IDA savings account and have saved $1,000, MCNW will match this with $3,000. You can then use the total of $4,000 for business assets.

Requirements to obtain matching funds

• Attend an Orientation about MCNW programs
• Take the Foundations business and financial training classes ($75 fee)
• Complete your business plan—with our help!
• Meet with IDA staff to get enrolled
• Save monthly in your IDA account. You choose the savings period: 6 to 18 months.
• Come in for an IDA disbursal meeting to start purchasing your business assets

STEP TWO: See if you qualify