At Kenfab Outreach, our Economic Empowerment Program is designed to equip individuals and families with the financial tools, business know‑how, and networks they need to achieve lasting economic independence. Through a combination of education, capital access, and ongoing support, we help participants move from surviving to thriving.
1. Financial Literacy & Budgeting
We start by demystifying money management:
Interactive workshops on budgeting, saving, debt reduction, and credit‑building.
One‑on‑one “Money Mentors” who review personal financial goals and create realistic action plans.
Family finance nights—hands‑on games and real‑life scenarios that make learning fun for adults and children alike.
2. Micro‑Grants & Low‑Interest Loans
Capital is often the biggest barrier to entrepreneurship or crisis resilience. We:
Offer small start‑up grants (up to $2,000) for viable business ideas in retail, services, or trades.
Partner with community lenders to provide low‑interest, flexible‑term loans for home repairs, tools, or inventory.
Guide applicants through every step of the funding process, from proposal writing to repayment planning.
3. Entrepreneurship Incubator
For those with a business dream, we provide:
A 12‑week accelerator series covering market research, branding, pricing strategy, and digital marketing.
Access to shared co‑working space, equipment, and peer‑to‑peer mastermind groups.
Regular “Pitch Days,” where entrepreneurs present to local investors, receive feedback, and vie for prize seed funding.
4. Job Readiness & Placement
Not everyone wants to start a business—and that’s okay. We also:
Conduct résumé clinics, mock interviews, and LinkedIn profile workshops.
Maintain an employer network committed to fair hiring, where graduates of our program get interview priority.
Host quarterly Hiring Fairs tying local businesses to qualified candidates trained in customer service, logistics, IT support, and more.
5. Mentorship & Networking
Economic growth happens in community. We:
Match each participant with a mentor from our volunteer corps of bankers, accountants, and successful entrepreneurs.
Convene monthly “Power Lunches” where alumni share lessons learned and build cross‑sector connections.
Organize an annual Economic Forum—panels, keynote talks, and breakout sessions focused on trends like the gig economy and sustainable business models.
6. Tracking Impact & Celebrating Success
Every participant works with an Economic Navigator to track measurable outcomes—income increases, debt reduction, jobs secured, or businesses launched. We publish an annual Impact Report, celebrate milestones at our “Economic Excellence” gala, and continuously refine our program based on real‑time feedback.
By combining knowledge, capital, and community, Newbec Foundation’s Economic Empowerment Program does more than teach skills—it unlocks opportunity, builds generational wealth, and transforms entire neighborhoods from the ground up.