Fuerza Local Business Accelerator
Fuerza Local es una organización sin fines de lucro que trabaja para fortalecer las comunidades y las economías locales a través del apoyo, el mantenimiento, y la celebración de negocios locales en todo el estado de Arizona.
Programs & Services
Fuerza Local Business Accelerator is a six month free business accelerator. The program is offered in Spanish in Tucson. It is free to participate and successful graduates of the program receive $1,000. It was developed by Local First Arizona Foundation.
Participants attend weekly classes on a variety of topics including marketing, business planning, cash flow management, and many more.
The program has a unique feature that helps participants build credit throughout the six months of the program by participating in a "lending circle". Each month of the program they make desposits which are then matched by a scholarship. Each graduate is offered the opportunity to access credit at fair market rates through several partnering financial institutions in lieu of any previous credit history.
El programa Acelerador de Negocios de Fuerza Local existe para educar y ayudar a dueños de negocios en el desarrollo y la expansión de sus capacidades empresariales y promover lo que es ser "LOCALISTA".
Prerequisites or Exclusions
This program is offered in Spanish is for hispanic business owners. There are some qualifications to apply. The application process is competitive.
Interested companies can apply online here.
The program launched the in 2013 as a direct response to the influx of predatory lenders that target low-income Latinos who often lack financial literacy and access to resources that help build thriving businesses.