IDA Program

Kathleen Houghton of Pioneer Natural Soap Company is another
successful IDA graduate.

Our small business grant program, called the Individual Development Accounts, triples your return on savings for use in your business. Every one dollar that you save will be matched with three more dollars. Guaranteed return. You can't beat that type of return on your money. Are there any catches or fine print? Keep reading.

Individual Development Accounts (IDAs) are matched savings accounts that allow low-income individuals and their families to build savings assets and move up and out of poverty. eDev’s program specifically helps low-income entrepreneurs save money for a specific business goals. Your savings are matched at the rate of 3:1. Once you reach your savings goal, attend the financial fitness education class and the eDev classes, and successfully complete your business plan, the matched savings funds are paid directly to your vendors for the purchase of your goods and services. The maximum savings amount that will be matched is $1,334 (match amount of $4000).  Our IDA handbook outlines the program in detail.

Thank you for your interest in the Individual Development Account Program. The funding for this program has renewed for 2010 and we are applications at this time. For more information about the IDA program, please visit:

eDev encourages you to continue to take classes and seeking assistance for your business. Visit our online class calendar at http://www.edev.org/event

For more information, you may contact Leah Murray at 541-463-4619 or email murrayl@clearwire.net