Orientation Session Business & Education Funding

People of moderate income who seek funds for a business enterprise or for education expenses are welcome to attend a free, one-hour orientation and introduction session. Northeast Oregon Economic Development District (NEOEDD) administers a program called “Individual Development Account” (IDA). IDAs provide a 3-to-1 savings match. This means that someone in the program who saves $1,000 can receive an additional $3,000. Participants can save up to $3,000, for a total of up to $12,000 to invest in business or education!

Once accepted into the program, participants receive free business-planning and money-management classes, helping them build fiscal responsibility and saving habits that can last a lifetime.
 
Anyone who is interested in learning more about this program (including income limits) can visit NEOEDD’s website (http://neoedd.org/content/individual-development-accounts), or call the office at 541-426-3598.