Apply for the IDA grant program.

IDA was established to assist non-majority low-to-moderate income earners as they develop an entrepreneurial mindset, achieve consistent savings, and acquire assets for their growing businesses.

Steps to complete the program:

Step 1: Fill out the application
Step 2: Build your file with our team
Step 3: Get coaching, attend ABAA, and save consistently
Step 4: Get IDA approval
Step 5: Get reimbursement check
Step 6: Get withdrawal authorization

This year-long process includes:

Building a case file with the Opportunity Asheville Liaison while simultaneously working with our partners, Mountain BizWorks and Western Women’s Business Center.

Eligibility for IDA funding requires the following:

  • 21 hours of financial training
  • 12 hours of asset training
  • Write a marketing plan
  • Write an executive summary
  • Attend at least 3 WWBC sessions
  • Opening and maintaining a Savings Account with our partnered banking institutions

FAQ

Who do I contact if I have questions?

For questions about your hours, the process, your application, classes, etc reach out to The Opportunity Asheville Liaison, Eboné Graham,
Ebone@mountainbizworks.org.

She is also available by appointment only, Wednesdays 10am-3pm.
Schedule Now

How long does the process take?

It should take a participant 4-6 months to submit a proper file, to complete the training, to write a marketing plan and executive summary plus attend the required WWBC sessions. It then takes our office 90 days to process your file for acceptance. 

Can you take my W-2’s?

No, unfortunately, we can only accept your tax return.

Can I withdraw my money once I start saving?

Yes, but you forfeit your place in the program and have to wait 12 months to reapply.

Who do I contact if I have trouble with the application or website?

For problems with the website or application please reach out to Aisha Adams Media.

support@support.aishaadamsmedia.com

 

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