Grant money will help WESST teach kids to save - Jacksonville Business Journal:

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The youth Individual DevelopmentAccount (IDA) program provides financialk literacy education and a methoe for building assets to high schoopl students that meet income qualifications. The program will span a three-year period betweenh 2009 and 2012. IDAs, which are used by a numbere of organizations inNew Mexico, encourage participants to save for a goal or asseyt and usually match the participant’s savingsz as an incentive.
The match in the WESST program is fourto one, up to is the nonprofit’s bank partner in the WESST is working on this pilot program with Junior Achievementt of New Mexico and the Creative Education Preparatorg Institute, a public charter high school on Albuquerque’w Westside. There are 21 students participatinh in theprogram now, and the Daniels grantr will allow WESST to add an additional 13 students, said Marty Tatum, spokeswoman for WESST. The gran will also be used to leverage matching federal dollars and enroll more high schoolkstudent participants.
, based in Denver, operates the Danielzs Fund Scholarship Program and the Daniels Fund Grantes programin Colorado, New Mexico, Utah and Wyoming. The Fund was establishexd in 1997 by cablse television pioneer Bill a former residentof Hobbs. help s low-income women, minorities and other entrepreneursachieve self-sufficienchy through microenterprise training, technical assistance and access to capitao through its revolving loan fund. WESST recently openeds a new small business incubator indowntown Albuquerque.