This EDA investment supports entrepreneurship for all, INC

This $303,474 Economic Adjustment Assistance Project Grant from the Department of Commerce Economic Development Administration will support Entrepreneurship For All, Inc. to deliver technical assistance services for entrepreneurs and small businesses in Haverhill, Massachusetts. Eforall will provide resources and guidance to help launch new businesses and stabilize existing operations in Essex County through April 2024.

The grant aims to address long-term economic distress and accelerated job losses from the COVID-19 pandemic by removing barriers inhibiting growth. Eforall's technical assistance will promote an inclusive entrepreneurial culture ensuring businesses launched through the program are diverse in ownership, product lines, and client bases to best serve Haverhill's diverse community. This supports further economic diversification across the region through entrepreneurship and small business development.

With providing technical assistance for entrepreneurs in the city of haverhill to successfully launch and grow their businesses and for existing small businesses to stabilize their operations and set a course for sustainability in essex county, massachusetts. The long-term economic distress of the region and the accelerated joblessness as a result of the covid-19 pandemic has severely impacted economic development in the area. The project will address the needed support for entrepreneurs and small businesses by removing barriers that restrict growth in the city. In addition, the project will help promote an inclusive entrepreneurial culture in the city to ensure that the businesses that are launched are diverse in terms of their ownership, product line, and client base, and that they best serve the diverse needs of the haverhill community, which will help further economic diversification throughout the region.