New Visions, New Ventures (NVNV) emphasizes post secondary education, business capitalization and homeownership with a goal of enabling women with limited incomes to increase their economic self sufficiency and build wealth through the acquisition of assets and financial literacy programs.
Partners
Partners include Union First Market Bank, Capital One, Wachovia Bank, Altria, Bank of America, Better Housing Corporation, Richmond Career Advancement Center, the Greater Richmond Chamber of Commerce, U.S. Small Business Administration, Crater Procurement Assistance, Workforce Alliance Center for Entrepreneurial Development, YWCA, ACCION USA, DCHD- Virginia Enterprise Initiative, RVA, VCU School of Social Work, and VHDA.
Assets for Independence Grant History
Project Title
New Visions, New Ventures IDA Program
Highlights/Outcomes
68 IDAs have been opened.
63 participants have received financial education.
$94,980 saved by participants.
27 participants have purchased an asset.
Total AFI Funding
Total AFI Grant Funding:
$183,530
Total Non-Federal Support: $183,530
Focus Population
NVNV's target population is low-income women and single-parent homes in Richmond, Virginia.
Contact
New Visions, New Ventures, Inc.
801 E. Main Street Suite 1102 Richmond, VA 23219
(804) 643-1081 www.nvnv.org
