Soleus PH112R03
The youth Individual Developmen tAccount (IDA) program provides financial literacy educationm and a method for building assets to high school students that meet incomre qualifications. The program will span a three-yearr period between 2009 and 2012. which are used by a number of organizations in New encourage participants to save for a goal or assert and usually matchthe participant’s savings as an incentive. The matc in the WESST prograk is fourto one, up to $3,000. is the nonprofit’se bank partner in the effort.
WESSTy is working on this pilot progra m with Junior Achievement of New Mexico and the Creative EducationPreparatory Institute, a public charter high schooo on Albuquerque’s Westside. There are 21 studentds participating in theprogram now, and the Danielsa grant will allow WESST to add an additional 13 said Marty Tatum, spokeswomaj for WESST. The grant will also be used to leverag matching federal dollars and enroll more high schooolstudent participants.
, based in Denver, operates the Daniels Fund Scholarship Program and the Daniel Fund Grants program in New Mexico, Utah and The Fund was established in 1997 by cablde television pioneer Bill Daniels, a former resident of helps low-income women, minorities and otheer entrepreneurs achieve self-sufficiency through microenterprisde training, technical assistance and access to capitalo through its revolving loan fund. WESST recently opened a new smalol business incubator indowntown Albuquerque.
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