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$10,000 Awarded to City of Holyoke Food Services Businesses
New Valley Bank Matches Grant to La Isla Restaurant with $5,000 Mini-Loan
“We are proud to be the banking partner of La Isla Restaurant as they serve the community of Holyoke. We are also thrilled to be growing our partnership with the Latino EDC. New Valley and the LEDC are creating a collaborative relationship that benefits the small business community throughout Western Massachusetts. New Valley was founded to support the small businesses and their owners – we are grateful for the opportunity to do this for La Isla and wish them continued success.”- New Valley Bank
Holyoke April 7th at 10am at La Isla Restaurant– 161 High Street, Holyoke MA
Holyoke, Mass. – On Friday April 7th, The Latino Economic Development Corporation will hand out 3 grants to Latino businesses in Holyoke that are focus on growing in the food service business. “Helping these businesses with the support of the grant can go a long way to help them stay on track with their goals and kickstart new ideas to make a direct impact their revenue stream” – Andrew Melendez
These grants epitomize the work of the LEDC, encompassing the “3 C’s” of successful business: coaching, capital infusion, and connection.
- COACHING is provided to each grantee as part of their award, to support more sustainable business models. The LEDC is home to nearly 20+ business coaches in virtually every area of business: HR professionals, tax experts, accountants, personal trainers, leadership professionals and more. Every grantee will have access to this array of professionals, who will help them meet their business goals.
- CAPITAL INFUSION bridges a known gap for Latino and minority-owned businesses. Giving businesses access to cash allows more flexibility and sustainability.
- CONNECTIONS: Each small business grantee will be introduced to hosts of professionals from a variety of backgrounds in the community (and abroad) through networking events, LEDC activities, and training. Connecting businesses to support networks in the community supports business sustainability.
Below is the list of the of the Holyoke grantees:
$5,000 – La Isla Restaurant – 161 High Street, Holyoke
$2,500 – That First Bite Tho, Food Truck – Holyoke
$2,500 – La Pescaderia Restaurant – 389 Main Street, Holyoke