Cedar Rapids entrepreneurs may be able to get a leg up starting their business from GoDaddy beginning next month.
The internet domain hosting company announced Wednesday that it is launching GoCommunities, a program to match people starting businesses with tools to help them do so.
GoDaddy is rolling out the program first in Cedar Rapids and Phoenix, Ariz., starting in April. The program, the company said in a statement, is geared toward “entrepreneurs in low-income communities.”
“Living and working in low-income communities should not preclude entrepreneurs from achieving their dreams,” GoDaddy CEO Blake Irving said in the statement.
In Cedar Rapids, GoDaddy said it will work with Jane Boyd Community House for the program. Together, the organizations said they will offer to help business founders learn management skills, explore finance options and make connections to other professionals.
Support will come in the form of workshops and mentorship from GoDaddy employees, as well as networking opportunities, a spokeswoman said in an email. Program participants also will receive laptops to lease and be able to apply for small business loans up to $10,000 through the Cedar Rapids Community Foundation at the end of the program.
GoCommunities is not focused on a specific industry, the spokeswoman said. Fifty entrepreneurs are expected to participate in the first year.
GoDaddy is based in Scottsdale, Ariz., and has offices in Cedar Rapids and Hiawatha.
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