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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