Trickle Up Program

The mission of Trickle Up is to help the lowest income people worldwide take the first steps up out of poverty, by providing conditional seed capital, business training and relevant support services essential to the launch or expansion of a microenterprise. This proven social and economic empowerment model is implemented in partnership with local agencies.

Trickle Up Program
104 West 27th Street, 12th Floor
New York, NY 10001
United States
212-255-9980
http://www.trickleup.org

President

William M. Abrams

Management Team

William Abrams, President null, Sharon Pollack, Director of Finance & Administration, Susannah Hopkins Leisher, Director of Programs and Strategic Planning.

Board of Directors

Peter Baird, Thomas Barry, Margaret Cannella, Marcia Cantarella, Joyce Chang, Terence Cryan, Kathleen Donovan, Penelope Foley, Jack Hidary, Martin Kahn, Margaret Klein, Robin Krasny, David Larkin, Mildred Robbins Leet, Hope Miller, Alan Patricof, Nancy Quinn, Wendy Rockefeller, David Russell, Benjamin Segal, William Abrams, President null, Sharon Pollack, Director of Finance & Administration, Susannah Hopkins Leisher, Director of Programs and Strategic Planning.

Project Leaders

Janet Heisey
Tessa Jackson

Mission

The mission of Trickle Up is to help the lowest income people worldwide take the first steps up out of poverty, by providing conditional seed capital, business training and relevant support services essential to the launch or expansion of a microenterprise. This proven social and economic empowerment model is implemented in partnership with local agencies.

Programs

Trickle Up entrepreneurs receive seed grants of $100 ($700 in the US). They receive the first installment of their grant after receiving basic business training and submitting a business plan. They receive the second installment after completing a business report documenting their business activities and demonstrating they have met the program’s requirements, including time invested in business, percentage of profits reinvested into business, and agreement to reporting and monitoring.

Statistics on Trickle Up Program

Financial Statistics

  • Annual Budget for 2009: $5,334,450
  • Annual Budget for 2008: $4,347,600
  • Maximum Annual Budget: $3,800,000
  • Other funding sources: Individuals, foundations, corporations, government.
  • Religious Affiliation: none