Stacey and Larry Poe started Lucky Ducky Cleaning with a $5,000 loan from New Growth community development corporation. Less than two years later, the commercial cleaning company has contracts with 10 government office buildings and employs a team of nine workers.
Every local business is an asset from which new growth can emerge if we tend to the power of microenterprises, like micro-organisms in soil, to support new life. This is the essence of our mission at New Growth CDC.
Applications are open now for a free year of mentorship in Climate Smart farm conservation practices. Participants will receive 25 hours of one-one-one assistance from a team of experienced farmers who offer a broad spectrum of expertise.
New Growth Capital will build its capacity to finance low-income and underserved people through grant support from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund).
New Growth launches in 2023 a new partnership with the Ozarks Small Business Incubator (OzSBI), with a full-time Credit Building Coordinator working from OzSBI offices in West Plains, MO.