August 4, 2017

Micro development program nets Wells Fargo grant

BARRE — Capstone Community Action’s Micro Business Development Program received a $10,000 grant from the Wells Fargo Foundation. The grant will strengthen Capstone’s efforts to provide low-income aspiring entrepreneurs with technical assistance, capacity building and mentoring support as they look to launch or expand micro businesses.

Last year, Capstone helped individuals launch or expand 18 new businesses in central Vermont, creating 34 full time jobs

“Micro business development is proven to be an extremely effective and cost-efficient job creator that supports the community’s economic vitality,” said Dan H. Hoxworth, Capstone’s executive director. “At Capstone, our mission is alleviating the suffering caused by poverty by building sustainable households and communities. With this Wells Fargo grant, the micro business development program will help improve the economic futures of all employers and their employees.”

To learn more about Capstone Community Action and the Micro Business Development Program, contact Yvonne Lory at 479-1053.


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