|Work hours||Add information|
|About||NEO Fund is a Community Development Financial Institution, providing business and financial coaching, and micro-enterprise lending to area entrepreneurs.|
|Mission||The mission of New Entrepreneurs Opportunity Fund ("NEO Fund") is to combat community deterioration and encourage economic development and job creation in the Ashtabula County, Ohio, area. To accomplish its mission, NEO Fund will operate as a microenterprise development lender for new entrepreneurs and existing small businesses in the Ashtabula County, Ohio, area.|
|Description||NEO Fund provides essential tools to those who can directly improve conditions in the Ashtabula County, Ohio, area. In time, NEO Fund's activities will play a crucial role in eliminating blight and empty storefronts, creating employment opportunities, providing a stronger tax base, and attracting tourists and new residents to the Ashtabula County, Ohio, area.|
|Founded||Founded in 2009 by Tim McCarthy and Stuart Cordell|
• Providing micro loans to owners of start-up businesses and owners of existing small businesses who lack access to traditional sources of financing, who demonstrate a high work ethic, the ability to be coached, and seriousness with respect to running a business, and whose ideas are supported by solid business plans.
• Sponsoring educational and training programs to borrowers about operating and maintaining a business.
• Providing networking opportunities for borrowers.
• Providing coaching and support services to borrowers to lower the risk of loan default and increase their chances of success.