One of the unique parts of our SIA Small Business Fund program is that groups can start the business of their choice. We do not choose a business for them. Before they receive the initial $100 grant, the new business groups work with the local coordinator to evaluate their strengths, interests, skills, and current assets to help them decide on a business. They also look at market demand in the area. Sometimes the families already have a business that needs an injection of cash for it to flourish.
Once they decide, the group then fills out a Business Plan worksheet, which outlines initial costs, on-going expenses, expected sales, and defined roles for each group member. So, what kinds of businesses do people start with their SIA grant?
ANIMAL HUSBANDRY (Chickens, pigs, goats, etc.)
KIOSK RETAIL SHOPS
POTTERY / HANDICRAFTS (Mat making, basket weaving, etc.)
SERVICES (Baking, cooking, hair braiding, photography, etc.)