New Growth partners with Ozarks Small Business Incubator
NOW HIRING: CREDIT BUILDING COORDINATOR TO WORK IN SOUTH CENTRAL MISSOURI
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.
New Growth will provide OzSBI’s southcentral Missouri region with a new resource for getting rural individuals and entrepreneurs ready for the bank, and ready to grow their household and business success. The Give Yourself Credit program will increase the financial capacity of rural south central Missouri residents and businesses. It is operated by nonprofit New Growth in partnership with OzSBI with support from the U.S. Small Business Administration.
JOB OPENING: CREDIT BUILDING COORDINATOR
New Growth will employ a full-time Credit Building Coordinator for this work, serving Douglas, Howell, Oregon, Ozark, Shannon, Texas, and Wright counties.
The Credit Building Coordinator will organize and facilitate business training events and provide training and assistance in credit score building and micro-enterprise financing. Events will include credit building workshops, providing assistance to individuals and entrepreneurs in establishing or improving scores.
The Credit Building Coordinator will also work one-on-one with entrepreneurs on credit and micro-enterprise financing needs (loans less than $5,000). The program combines credit building and micro-enterprise financing with OzSBI business assistance to help entrepreneurs build a strong track record and prepare for eventual bank financing.
Key qualifications for the position include a bachelor’s degree with two years’ experience in communications, business administration, public administration, or related social science. An equivalent combination of education and experience may be acceptable.
TO APPLY:
Review the full job posting here with New Growth parent organization West Central Missouri Community Action Agency: https://wcmcaa.org/credit-building-coordinator/
Candidates will complete an online application and submit a resume and cover letter.
Application: Please complete an application with New Growth Capital parent organization West Central Missouri Community Action Agency at this link: https://form.platoforms.com/fr7l8sum0gn/ — IMPORTANT: Include the position title (CREDIT BUILDING COORDINATOR 121922) on the application.
Resume and Cover Letter: Please send a resume and cover letter to info@newgrowthmo.org.
The job opportunity is open until January 31, 2023.
The funding for this work is provided by the Small Business Administration, as described below in SBA’s news release.
NEWS RELEASE
Kansas City District Office
Release Date: September 28, 2022 Contact: sheila.forrester@sba.gov
Release Number: 22-03 Follow us on: Twitter, Facebook, Blogs & Instagram
SBA Awards PRIME Grants to Organizations in Missouri to Help Emerging Micro-Entrepreneurs Gain Access to Capital
KANSAS CITY, MISSOURI – The U.S. Small Business Administration (SBA) issued two PRIME grant awards in Missouri to the Justine Petersen Housing and Reinvestment Corporation for $200,000 and to the West Central Missouri Community Action Agency for $166,000. These are part of a $7.2 million grant award to 38 organizations under the Program for Investment in Micro-Entrepreneurs (PRIME), a $1.7 million increase, up 30% from last year’s allocated $5.5 million in funding. The PRIME award will support these nonprofit organizations as they help low-income entrepreneurs get financing to establish and expand their small businesses or provide capacity-building training for other organizations that provide capital to underserved small businesses.
“These SBA Prime grant awards empower nonprofit microlenders to provide access to capital and technical assistance to entrepreneurs,” says Michael Barrera, District Director for the SBA Kansas City District. “Congratulations to these Missouri organizations as they help us connect entrepreneurs with the capital they need to start, grow and build resilient businesses in our district.”
“The PRIME grant provides Justine Petersen with the necessary support to further our mission of financial asset-building throughout all of Missouri, says Sheri Flanigan-Vazquez, Chief Operating Officer. “With an emphasis on bringing our human-centered service delivery model to rural Missouri businesses in need, PRIME aids in providing a level playing field for rural businesses to compete in the larger marketplace.”
Sheridan Garman-Neeman, Chief Community Wealth Building Officer for the New Growth Women’s Business Center (WBC) adds, “We are on a mission to build the pipeline of bankable business borrowers in our rural communities, where every entrepreneur counts.” “This award will help us deliver essential business training and credit building services in remote underserved areas.” The New Growth WBC works in tandem with its parent organization, the West Central Missouri Community Action Agency, to improve lives and livelihoods in the state’s west central region.
Congress established PRIME as part of the Program for Investment in Microentrepreneurs Act of 1999. Grant funds will be made available on September 30, 2022, and the project period for each grant is one year. The SBA placed special emphasis in this year’s competition on projects that will offer training and technical assistance to strengthen economically-disadvantaged businesses, particularly those that service entrepreneurs in rural areas and foreign language-speaking small business owners.
The PRIME grants range from $75,000 to $250,000 and typically require at least 50 percent in matching funds or in-kind contributions.
For more information on the SBA’s PRIME grants and a list of this year’s grantees, visit www.sba.gov/content/prime-grantees.