• EMPath
  • Centerboard
  • Action for Boston Community Development
  • Compass Working Capital
  • Berkshire Community Action Council, Inc.
  • Jewish Vocational Services
  • Urban Edge Housing Corp
  • Jamaica Plain Neighborhood Development Corporation
  • Asian American Civic Association
  • Travelers Aid Family Services
  • Dorchester Bay Economic Development Corporation
  • Heading Home
  • Quaboag Valley CDC
  • Moving from Debt to Assets
  • Madison Park Development Corporation
  • Center for Women and Enterprise
  • Codman Square NDC
  • Lawrence Community Works
  • One Family Inc.
  • FamilyAid Boston
  • La Vida
  • The Community Builders Inc.
  • Financial Education Associates
  • Springfield Partners for Community Action
  • YWCA-Boston
  • MAHA (Massachusetts Affordable Housing Alliance)
  • Empower Yourself
  • Cambridge Economic Opportunity Committee
  • Somerville Community Corporation
  • Cambridge Housing Authority
  • Homeowner's Rehab, Inc
  • Massachusetts Museum of Contemporary Art
  • Beverly Bootstraps
  • More Than Wheels
  • Jewish Family and Children’s Services
  • DotWell
  • Allston Brighton CDC
  • The Neighborhood Developers
Our Work

Small Business Investments

Midas has assisted hundreds of small business owners expand, hire help, buy equipment, increase working capital, and more. All of these investments align with their new business plans, developed by the business owners with help from our Community Partner Organizations (CPOs). The businesses establish business bank accounts and a savings plan. Midas provides program design consultation, staff training, account management services, financial institution relations, match funding, and data management. The CPOs are the ‘face’ of the program to participants, enrolling, hosting trainings, providing participant support, and funding as well. Sixteen CPOs have hosted the program in partnership with Midas since 2007. Midas provided an incentive of up to 2:1 match for the savings that the owners contributed to their accounts. With 217 graduates, nearly $500,000 has been saved and over $570,000 matched for small business expansion. 

Check out our Innovative Investments in Microenterprise report - Executive Summary and Full Report; a longitudinal study of the effects of the program on 300+ businesses.

 

Figure from Innovative Investments in Micro-Enterprise report

 

Below is a sample of the businesses we have supported. These people are an inspiration to us. Please consider patronizing your local businesses:

Nickey Mullen

 

Mullen Botanica
Horticultural Design and Garden Maintenance
Mullen Botanica, PO Box 288
Manchester-by-the-Sea, MA 01944
Phone: 978-697-2496 Email: mullenbotanica@gmail.com


 Lolita Parker Jr.

Parker Digital Imaging
Photography/Digital Archiving
Boston / New York / Los Angeles
Phone: 617-488-9714
Email: parkerdigitalimaging@gmail.com
Community Partner: Madison Park Development Corporation


Liz Lawrence

Root Note Studios
Root Note Studio is a private music lessons studio
Lowell, MA / Nashville, TN
Phone: 1 978-905-6962 (Lowell)
http://www.rootnotestudio.com/contact-us/
www.rootnotestudio.com/
Community Partner: Mass Moca


 

Danaris Mazara

Sweet Grace Heavenly Cakes
Custom Baked Goods
98 Essex Street, Lawrence, MA 
Phone: (978) 258-9418
http://facebook.com/sweetgraceheavenlycakes
Community Partner: Lawrence Community Works