IDA (Individual Development Account) Programs
Background: Individual Development Accounts are an asset building tool that can help targeted aspiring entrepreneurs achieve specific business financial goals. Among our normal IDA eligibility requirements, one is that participants must be at 200% or below the Federal Poverty level.
We have completed our most recent IDA program for Alameda and Contra Costa residents. With the support of
Y & H Soda Foundation and the U.S. Department of Health and Human Services – AFI Program, we were able to provide $52,000 in matching funds to entrepreneurs! We also wish to acknowledge U.S. Bank for their participation partnering with us to establish the bank accounts for our IDA participants.
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