ADAMS BROWN COUNTIES ECONOMIC OPPORTUNITIES, INC.   

Adams Brown Counties

Business Development Department

406 West Plum Street, Georgetown, Ohio 45121

1-937-378-6041 ext. 238

Programs offered through the Business Development Department consist of the following:

Microenterprise Development Program -The Microenterprise Development program offers aspiring entrepreneurs the opportunity to make their dreams become a reality by offering a business education course and small business loans.

Individual Development Account (IDA) Program - IDAs are matched savings accounts designed to help low-income individuals save money towards the purchase of a home, start up or expansion of a small business, or to further one’s education.

Ohio Benefit Bank Program - Benefit Bank assists individuals in applying for publicly sponsored programs by helping them prepare and file applications and tax preparation services.

By Car Program - The By Car Program is a matched savings program designed to provide qualifying low-and moderate-income individuals an opportunity to purchase a vehicle.

Job Opportunities for Low Income Individuals (JOLI) Program - The JOLI Program offers individuals the opportunity to start a home based day care.

Finance Fitness Program - The Finance Fitness Program is designed to educate and empower low-to moderate-income individuals of Adams and Brown Counties and help them become financially fit.

The Microenterprise Development program offers aspiring entrepreneurs the opportunity to make their dreams become a reality. Microenterprises are small businesses of five or less individuals with often the owner being the only employee of the business.

The Microenterprise Program offers a twenty hour Business Education Course to low- and moderate-income individuals that covers setting business goals, financing, pricing products and services, preparing cash flow statements, record keeping systems, understanding financial statements and balance sheets, writing business plans and more. The classes are interactive, educational, fun and most importantly, give someone wishing to start their own business a solid foundation.

The Microenterprise Development Program also offers small business loans ranging from $500.00 to $15,000.00. Microenterprise Loans offer a 6% fixed interest rate with a term of up to five years. Loans cans be used for business start-up or expansion.

The Microenterprise Program has helped individuals from both Adams and Brown Counties start or expand small businesses since January, 2002.

For more information on the Microenterprise Program contact Lisa Tumbleson-Davis at 1-800-553-7393 ext. 238 or 1-937-378-6041 ext. 238

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Have you ever dreamed of owning your own home, running your own business, or going back to school? Would you like up to $4,000.00 to help you realize your dream? If you answered “yes” to any of these questions, then you need to know more about Individual Development Accounts (IDAs).

IDAs are matched savings accounts designed to help low-income individuals save money towards the purchase of a home, start up or expansion of a small business, or to further one’s education.

IDAs work like savings accounts, only better. For every dollar you save in your IDA, you will receive two dollars in grant money as a match to your money. An individual saving $2,000 of his/her own money will be matched with $4,000 in grant money.

If you would like additional information about the IDA Program please contact Missy Jimison at 1-800-553-7393 ext. 304 or Lisa Tumbleson-Davis at 1-800-553-7393 ext. 238 or 1-937-378-6041 ext. 238

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THE Ohio

              BENEFIT BANK

The Ohio Benefit Bank is a new program implemented in March, 2008. Benefit Bank assists individuals in applying for publicly sponsored programs by helping them prepare and file applications and tax returns.

Individuals can  apply for social service programs such as food stamps, medical cards, child care, Ohio Works First, prescription drug assistance, Medicare RX Extra Help, Ohio High Risk Pool-insurance plan, free or reduced school lunches, Golden Buckeye Cards, voter registration, FAFSA applications, Safe Link cell phone services, senior employment programs, and assistance through the Save the Dream Program. Benefit Bank Counselors also prepare both Federal and State Tax Returns, at no charge, for individuals who make less than $60,000.00 a year. In addition to the current year’s taxes the Benefit Bank also offers services that allow individuals the opportunity to have previous year’s tax returns completed.

For more information on The Ohio Benefit Bank Program contact Rhonda Holbrook at 1-800-553-7393 ext.303 or Lisa Tumbleson-Davis at 1-800-553-7393 ext 238.

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    PROGRAM

The By Car Program is a matched savings program designed to provide qualifying low-and moderate-income individuals an opportunity to purchase a vehicle enabling them to obtain or retain employment and/or education. An individual saving for a car can deposit $1,333.00 into a special savings account and will be matched with $2,666.00 for a total of $3,999.00 to purchase a vehicle.  

Individuals will receive Financial Literacy and Consumer Education training while enrolled in the By Car Program.

For more information contact Missy Jimison at 1-800-553-7393 ext. 304 orLisa Tumbleson-Davis at 1-800-553-7393 ext. 238.

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(JOLI) PROGRAM

JOB OPPORTUNITIES FOR LOW INCOME INDIVIDUALS

The JOLI Program offers individuals the opportunity to start a home based day care. Qualifying individuals will receive the necessary training required to become certified through the Department of Job and Family Services as a “Type B” day care provider. Individuals will also receive training on how to operate a small home based business and how to write a business plan. Individuals who complete the program will receive a $2,500.00 grant to start a home based day care. Funds are available to individuals who reside in Adams or Brown Counties and who meet the income guidelines.

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Finance Fitness

The Finance Fitness Program is designed to educate and empower low-to moderate-income individuals of Adams and Brown Counties. Two financial literacy curriculums are offered through the Finance Fitness Program, depending on the participants needs. Finance Fitness will provide participants with basic banking skills, the ability to budget and manage their money, banking principals, information on insurance, investments, retirement, college funds and finances. This program also contains valuable information on mortgage loans and real estate. The curriculum offered will enable individuals to manage their finances and start the path to financial freedom.

For more information contact Missy Jimison at 1-800-553-7393 ext. 304 or Lisa Tumbleson-Davis at 1-800-553-7393 ext. 238.