Verizon Wireless just launched a program we should all applaud. It’s called the Domestic Violence Entrepreneurship Program. Verizon Wireless is offering grants from $1,000 to $5,000 per applicant, and awarding $45,000 in all.
The goal is to provide funding to entrepreneurs who have escaped the cycle of domestic violence and are ready to put their skills to work to get a home or small business sup and running.
As Verizon sees it, there is a strong likelihood that many domestic survivors are especially well-positioned to benefit from self-sufficiency programs that focus on entrepreneurship models over traditional job-training options. That’s because domestic violence survivors have developed strong coping and problem-solving skills. What’s more, many were employed before the violence and they all have a strong incentive to be self-sufficient and violence-free.
Verizon is betting that the successful development of a home or small business can offer these women more control over their working lives, create important financial and social opportunities for them, and help ensure their long-term safety and stability.
How can domestic violence survivors use the funds? Some examples include making a down payment on a work space, purchasing a computer or other office equipment, purchasing initial product inventory, as collateral to support the receipt of a small business loan, or to help pay the costs of attending an entrepreneurship program or business course.
Want more information? Call 585-321-7264.