Commissioners approve $50,000 for Mountain Bizworks microloans on party line vote-attachment0

Commissioners approve $50,000 for Mountain BizWorks microloans on party line vote

Buncombe Commissioners voted along party lines April 1 to give Mountain Bizworks $50,000 toward a new microloan program that will help small local businesses get needed capital. The local business nonprofit will leverage the county funds to receive an additional $300,000 from the federal Small Business Association Microloan Program.

Feeling the crunch: Mountain BizWorks tackles funding crisis-attachment0

Feeling the crunch: Mountain BizWorks tackles funding crisis

Struggling to address an increased demand for services amid a funding crunch, Mountain BizWorks is conducting “an intensive review of our programs and finances,” board Chair Eileen McMinn reports. Most of the organization’s existing training programs will be phased out by the middle of next year. The downsized local nonprofit will focus its remaining resources on lending.

“To be successful, you have to start from the bottom and work your way up, little by little.” — Edith Segovia-Sanchez, Libreria A y M photos courtesy of Mountain BizWorks

Determination and flexibility

While it is true that a business owner needs to analyze the financials and create an effective marketing plan, success requires more. There are two other crucial ingredients, which may at first seem like a strange combination: determination and flexibility. Many of Mountain BizWork’s clients, especially the Latino immigrant entrepreneurial community, demonstrate just how powerful […]

Mountain BizWorks director steps down

Greg Walker-Wilson is stepping down as chief executive officer of Mountain BizWorks, an Asheville-based nonprofit that helps entrepreneurs develop businesses and find financial support. He plans to move his family to South America later this year to enrich their life experience and extend his service work. Walker-Wilson, his wife, Susanne, and their two children, 11-year-old […]

The Biz: Building business from the ground up

If you’ve ventured into any small, local business recently—whether it was a restaurant, retail store or other establishment—there’s a fair chance the proprietor or service provider got his or her start through Mountain BizWorks’ Foundations program. Cradle of business: These are just a fraction of the local businesess created locally thanks to Mountain BizWorks’ Foundations […]