Tuesday, October 25, 2016
WOMEN’S OPPORTUNITIES RESOURCE CENTER RECEIVES AN AARP FOUNDATION GRANT
2010 Chestnut Street
Philadelphia,
PA 19103
Telephone: (215) 564-5500 • Facsimile: 215-564-0933
Media
Contact:
Devon M. Allen, 267-258-6861, Devon.Allen@verizon.net
Women’s Opportunities REsource Center Receives an AArP Foundation
Grant
Philadelphia,
PA (October 17, 2016) AARP Foundation has awarded one of the Philadelphia
region’s premier economic development agencies, the Women’s Opportunities
Resource Center (WORC), with a Work for Yourself@50+℠ grant to assist low- and moderate- income
women and men to become self-employed. WORC is one of 17 agencies across the
country who was awarded the highly competitive national grant.
Work
for Yourself@50+℠ is a new
initiative launched by AARP Foundation, with support from The Hartford. The
program helps low- and moderate-income older adults explore opportunities to
work for themselves and take the right steps toward successful self-employment.
·
For
generations, creating and owning a business has been a path to financial
success and economic mobility. In low- and moderate-income families,
self-employment and business ownership can help build economic security.
·
If
you think you’re too old to start your own business, think again! About 26
percent of all recent startups were formed by people between the ages of 55 and
65. That’s up from 15 percent in 1996.
·
Work
for Yourself@50+℠ looks
at self-employment paths in contracting, freelancing, microbusiness and social
enterprise, and helps people identify their own marketable traits, talents and
skills. It also offers useful financial advice — regardless of participants’
specific financial situation.
·
The
decision to start your own business can be both exciting and daunting. Work
for Yourself@50+℠ breaks
the choices down and gives you the information you need to succeed.
“We are so
pleased to be one of the 17 groups selected to participate in this
wonderful initiative with AARP Foundation. Self-employment is a great
opportunity for 50-plus who have retired, lost their job or who want to
scale back their work,” said Lynne Cutler, President
of the Women’s Opportunities Resource Center.
Since 1993, WORC
has taught approximately 5,000 low-income individuals how to start and run a
business. It has disbursed nearly 600 microloans totaling over $2.5 million creating/retaining
more than 1,516 jobs; and helped 1,412
FSA participants saved $2.9 million for a home, education or business
through its savings program, generating a total economic impact of over $48.5
million.
Dooley’s Landscaping, a
woman-owned business, grew out of Ms. Dooley’s desire to provide employment for
herself and her son, who was formerly incarcerated. WORC originated a $4,000
loan for the company to purchase a professional lawnmower; within months, the
business grew to employ three full-time staffers, including the owner’s son,
and generated supplemental income for Dooley of $30,000.
(MORE)
Page – 2: AARP Foundation Award Grant to WORC
AARP
Foundation’s Work for Yourself@50+℠ seeks to help low-and
moderate-income adults age 50+, such as Ms. Dooley, 65, to gain the knowledge,
support, and resources they need to make informed decisions and take the right
first steps toward successful self-employment. The 90-minute workshop will walk
participants through the Work for Yourself@50+℠ materials and connect them with
local resources to help them reach their goals.
To
learn more about the Women’s Opportunities Resource Center, the Start Smart
Start Green Entrepreneurial Training program, WORC’s microloans; ranging from
$1k to- $35k, Family Savings Account or Retirement Income Solutions programs, feel
free to call (215) 564-5500; visit the official website at www.worc-pa.com;
like us on Facebook @Women’s Opportunities Resource Center; or follow us on
Twitter @worcphilly. To register for one of the Work for Yourself@50+℠ workshops in November or December, call 1 888-339-5617.
For more information about Work for Yourself@50+℠, visit
aarpfoundation.org/workforyourself or call 1
888-339-5617.
# # #
About WORC
Women’s
Opportunities Resource Center (WORC) promotes social and economic security for
economically disadvantaged individuals — primarily women — and their families
through self-employment training, support services, savings programs and access
to business and financial resources. WORC’s innovative self-help strategies
empower individuals to permanently break out of the cycle of dependency. WORC
has been nationally recognized for its work, receiving, among other awards, the
U.S. Dept. of Treasury Presidential Award for Excellence in Microenterprise
Development for Poverty Alleviation.
In October of 2015, WORC introduced a new
initiative, the Retirement Income Solutions
program (RIS), a four-week course that allows women 48 and older to
assess their financial situations and develop an income supplement plan through
self-employment or employment.
About
AARP Foundation
AARP
Foundation works to ensure that low-income older adults have nutritious food,
affordable housing, a steady income, and strong and sustaining social bonds. We
collaborate with individuals and organizations who share our commitment to
innovation and our passion for problem-solving. Supported by vigorous legal
advocacy, we create and advance effective solutions that help struggling older
adults transform their lives. AARP Foundation is the affiliated charity of
AARP. Learn more at aarpfoundation.org.
About
The Hartford
The
Hartford is a leader in property and casualty insurance, group benefits and
mutual funds. With more than 200 years of expertise, The Hartford is widely
recognized for its service excellence, sustainability practices, trust and
integrity. More information on the company and its financial performance is
available at thehartford.com. Follow The Hartford on Twitter at
twitter.com/TheHartford_PR.
The Hartford Financial
Services Group Inc. (NYSE: HIG) operates through its subsidiaries under the
brand name, The Hartford, and is headquartered in Hartford, Conn. For
additional details, please read The Hartford’s legal notice at
thehartford.com/legal-notice.
Thursday, June 2, 2016
Retirement Income Solutions (RIS) for Women
Retirement Income Solutions (RIS) for Women, May 2016 Session
RIS participants at the May 2016 Session. |
One-on-one session with a CPA to discuss financial future snapshot and lifestyles choices. |
Participant's discussion on Medicare/Supplement Policies. |
Participants' discussion on investments. |
Participants' discussion on estate planning, insurance, will and more. |
Session with Mary Livngston, SCORE Philadelphia's Executive Director. |
Session with Mischa Greenberg President Moves-Made-EZ.
|
For more information about our Retirement Income Solutions (RIS) Program for Women
Please call 215-564-5500
Thursday, March 31, 2016
Register for Retirement Income Solutions (RIS) Program for Women TODAY!
#retirement #RIS2016 #worcpa #women #income #solutions #gershmany #womenofvision #scorephiladelphia #jevs #empower
Tuesday, January 26, 2016
#CreditBuilderDay
It's #creditbuilderday
Assets & Opportunity National Week of Action
The first-ever Assets & Opportunity National Week of Action will take place from January 25-29. The goal for the Week of Action is to call attention to the issues of economic insecurity and inequality that too many families across this country face, while highlighting the successful solutions that create an opportunity economy in which everyone has the chance to get ahead.
On Monday, January 25, we’ll launch the 2016 Assets & Opportunity Scorecard, which reveals that even several years after the recession ended, low- and moderate-income families are no more financially secure than they were during the height of the recession. Across the country, these families have settled into a “new normal,” in which they lack good credit scores, the savings needed to weather emergencies or build stronger futures, and information about solutions to help propel them toward prosperity.
However, there is some good news: there are numerous solutions which are tested and proven that help create an opportunity economy. From Tuesday through Friday (January 26-29), we will highlight four solutions that can change these outcomes: credit building, reining in predatory lending, children’s savings and EITC/VITA.
Tuesday, October 6, 2015
Starting a Cafe in Philadelphia!
Start your own coffee shop! |
Have you ever wondered how you could start your own cafe in Philadelphia? Do you wish you had more information about it? No worries! The Welcoming Center for New Pennsylvanians is here to help!
Find out more about how to start your own coffee shop in the amazing city of Philadelphia here!
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