CHARO Community Development Corporation has been selected by the Association of Enterprise Opportunity (AEO) and Covad Broadband to serve as one of only 3 local partners in California and the only one in the Los Angeles area distributing grant funds and free Internet service to local qualifying microenterprises.
As part of CHARO's commitment to harnessing resources for the community, CHARO secured grant funding and free high speed Internet service for several local area micro enterprises through a program co-sponsored by AEO & Covad. The Covad Broadband Entrepreneur Program (CBEP) is a national program focused on Entrepreneurship and Economic Development. The program focuses on opportunities for minority and/or woman and/or home-based/disabled micro entrepreneurs likely to highlight the compelling value of broadband usage. It is an entrepreneurship fund and micro-grant award program, which may include cash support and Covad Broadband service free for one year.
Funds for the Covad Broadband Entrepreneur Program are provided by the Covad Communications Group of San Jose, California. Covad grants funds to AEO, who in turn disburses funds to the Covad Local Partners.
Cynthia Amador, President & CEO stated ?The Covad Broadband Entrepreneur Program will provide much needed assistance to the underserved small business community by providing them with funding and Internet connectivity, which will help them succeed in business.?
To learn more about CHARO services and the Covad Broadband Entrepreneur Program call (323) 343-9477 or visit www.charocorp.com.
Anita Rodriguez is the Vice President, Corporate Development for CHARO Community Development Corporation.