the WHY
One of the challenges involved in starting and running a business in a place like Ajo is that the Risk-Reward paradigm is out of whack. The risk of failure in what can be a challenging and seasonal market is high, while the reward for running a successful business tends to be comparatively meager.
This initiative is a way to try and balance the scale. By coming together as a community and putting some "skin in the game" alongside entrepreneurs, we hope to kickstart a resurgence of business activity in Ajo.
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the WHAT
In order to address a variety of types and levels of need, we are offering a whole spectrum of interventions--each designed to help bridge a specific type of business needs gap. And while there is no silver bullet for every challenge out there, this set of tools goes a long way toward lowering the barrier to entry for new businesses and mitigating risk for expanding enterprises.
We offer:
Business Marketing & Technical Assistance
1:1 Matched Savings Accounts
Mini-grants for Start-up, Pop-up, E-commerce, and Market-based businesses
Membership and Vendor Fee Stipends
Tenant & Facade Improvement Assistance
Revolving Loan Fund
We offer:
Business Marketing & Technical Assistance
1:1 Matched Savings Accounts
Mini-grants for Start-up, Pop-up, E-commerce, and Market-based businesses
Membership and Vendor Fee Stipends
Tenant & Facade Improvement Assistance
Revolving Loan Fund