Friday, November 2, 2012

Grant money will help WESST teach kids to save - Philadelphia Business Journal:

olimstgon.blogspot.com
The youth Individual DevelopmentgAccount (IDA) program provides financial literac y education and a method for building assets to high school students that meet income qualifications. The program will span a three-year period between 2009 and 2012. which are used by a number of organizations in New encourage participants to save for a goal or asse and usually matchthe participant’s savingws as an incentive. The match in the WESSfT program is fourto one, up to is the nonprofit’s bank partne in the effort.
WESST is working on this pilot program with Juniodr Achievement of New Mexico and the Creatived EducationPreparatory Institute, a public charter high school on Albuquerque’z Westside. There are 21 students participating in theprogram now, and the Daniels grant will allow WESST to add an additionalp 13 students, said Marty Tatum, spokeswoman for WESST. The grant will also be used to leverager matching federal dollars and enrol l more high schoolstuden participants.
, based in Denver, operates the Danielas Fund Scholarship Program and the Daniels Fund Grants program in New Mexico, Utah and The Fund was established in 1997 by cable television pioneerr Bill Daniels, a former resident of Hobbs. helpw low-income women, minorities and other entrepreneursachieve self-sufficiencyt through microenterprise training, technical assistance and accese to capital through its revolving loan WESST recently opened a new small business incubator in downtown Albuquerque.

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