Earn a Matching Grant for Your Business Savings with an IDA

Since 2001, MCNW has provided over 400 people the opportunity to buy assets for their start-up or current small businesses using matching grants.  This special savings program is called an Individual Development Account, or IDA. 

IDAs are matched savings accounts that enable low-income American families to save, build assets, and enter the financial mainstream. IDAs reward the monthly savings of working families who are building towards purchasing an asset - most commonly buying their first home, paying for post-secondary education, or starting a small business. Mercy Corps Northwest offers small business IDAs.

  “Mercy Corps Northwest helped me turn a hobby into a successful crafting business. Through its IDA program, I had the opportunity to save money, learn about running a business, and ultimately make more money to support my family. By the time I finished the class, my sales had doubled. A resource like MCNW is essential for the creative people in Portland who want to make their ideas a reality.” —Corinna Buchholz, owner of piddix LLC

STEP ONE:  Learn about the IDA Program