Matched savings accounts can triple an entrepreneur’s saving power — and those savings can then be invested in a business.
It’s simple. After you qualify and take our training, every $1 you contribute to a special savings account is then matched by a $2 contribution from funders.
If you save $100 a month for 12 months, JEDI will match your $1200 with $2400. You’ll have $3600 to invest in your business.
JEDI has provided these accounts to over 100 entrepreneurs — and helped entrepreneurs invest more than $300,000 in local businesses.
JEDI offers Individual Development Accounts (IDAs) in partnership with the Arcata Economic Development Corporation, the Assets for Independence Program, Community Development Block Grant funds and the Scott Valley Bank.
For more information, contact JEDI at 888-926-6670.