Ready to start or grow your business with limited resources?
An Individual Development Account may be right for you.
WHAT IS AN IDA?
An Individual Development Account (IDA) is a special savings vehicle that helps families and individuals with limited financial resources build assets, gain valuable training, and enter the financial mainstream.
At Mercy Corps Northwest, our small business IDAs invest in the personal and financial growth of entrepreneurs to build strong small business communities throughout Oregon. Through the program IDA clients save money, complete our training offerings, and complete their business plan. Upon completion of the program, clients receive matching funds to purchase equipment and hard assets for their business.
Clients who participate in our IDA program come from a wide-ranging background, from food carts to contractors, lawn maintenance technicians to janitorial ventures.