"This grant to support micro enterprises in their long-term recovery from the disruption and damage resulting from Irma is a testament to how The Miami Foundation contributes to community resilience,” said Brent McLaughlin, Executive Director of Branches.
MIAMI (PRWEB) March 15, 2018
Branches was recently awarded a $40,000 grant from the Hurricane Relief Fund at The Miami Foundation to support its ASSETS Small Business Development program that assists local micro-businesses in Miami-Dade affected by Hurricane Irma dealing with income disruption, inventory loss, equipment and structural repairs, and a need to access working capital. This funding will support at least 15 small business owners with grants of $1,000 to $5,000.
ASSETS (A Service for Self Employment Training and Support) is Branches’ small business development program and provides a broad range of complimentary business advisory services to help clients tackle business challenges, achieve new levels of growth, as well as create jobs. Branches’ experienced Business Coaches provide one-on-one coaching and consulting services to micro-enterprises in business start-up or business expansion phases. The Hurricane Relief grant will help to provide on-going training and technical assistance to develop short and long-term plans, offer other Branches’ supportive services such as financial coaching, tax preparation etc., as well as connect business owners to lending options, legal services, job placement and more.
Branches is a local non-profit organization based in Miami. By providing life-changing opportunities, Branches helps working poor families and their children break the cycle of generational poverty. Its Grow Program serves elementary students, preparing them for lifelong success through enrichment of their minds, bodies and hearts. The Climb Program serves middle and high school students, focusing on the development of their individual assets in order to maximize opportunities to become better students and better people. Branches’ Achieve Programs target the well-being of the entire community through services fostering financial stability. Services include the ASSETS small business solutions program, the Ways to Work car loan program, VITA tax prep and hunger relief. Branches is also proud to house and operate the United Way Center for Financial Stability.
“I salute and thank The Miami Foundation for their contributions toward helping our most vulnerable community members recover from Hurricane Irma. While the storm is a distant memory for much of our community, there are still hundreds of families and small businesses who are struggling to get back to ‘normal’. This grant to support micro enterprises in their long-term recovery from the disruption and damage resulting from Irma is a testament to how The Miami Foundation contributes to community resilience,” said Brent McLaughlin, Executive Director of Branches.
For over 40 years, Branches has made a positive impact in the community by delivering on its mission to serve, educate and inspire people through student, family and financial stability services. Branches provides long-term, holistic services for motivated individuals and families. We help people grow deeper and climb higher in life by building a foundation through education so they can achieve their goals and fulfill their potential. For additional information about Branches, please call 305.442.8306 or visit http://www.branchesfl.org.
About The Miami Foundation
Established in 1967, The Miami Foundation uses civic leadership, community investment and philanthropy to improve the quality of life for everyone who calls Greater Miami home. For 50 years, we have partnered with individuals, families and corporations who have created more than 1,000 personalized, philanthropic Funds. Thanks to them, we have awarded over $250 million in grants and currently manage more than $300 million in assets to build a better Miami. As the Foundation marks our 50th anniversary, our commitment is to foster those passions that spur people to give – a sense of being connected to and investing in our community’s past, present and future – for a more resilient tomorrow.