E49 Corporation

E49 Corporation received a $57,000 grant to build out their accelerator programs for social purpose entrepreneurs and small business owners and supporting underserved entrepreneurs.

  • Put on a six-week accelerator with 22 participants representing 19 different companies or ideas. As a result, two of these companies increased their local hiring and several others began generating revenue.

  • Grant funding went toward outreach to underserved entrepreneurs through business training, mentor matching, and provision of co-working space.

  • During this quarter, E49 Corporation hosted another accelerator with 23 entrepreneurs and granted 32 co-working memberships.

  • E49 Corp. documented company success stories. One company, Catrina’s Popcorn (www.catrinaspopcorn.com), received some press coverage for its social impact helping survivors of sex trafficking.

  • Partnered with another company, Real Estate with Purpose, on Compassion Village around bringing local churches together to house tiny home villages for homeless individuals.

  • Another company, Castle Services, has touted being able to hire 20 new employees as a result of what they learned.

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