Daly named director of MEO Business Development Center
WAILUKU – Maui Economic Opportunity Inc. recently welcomed new Business Development Center Director David Daly. He replaced retiring MEO BDC Director Craig Swift.
Daly has more than 25 years of experience working with small businesses on Maui. This experience includes business ownership, financing, education and economic development. His background includes residential lending and being a Financial Industry Regulatory Authority-licensed financial advisor.
Daly was hired in March of 2009 as an MEO BDC loan fund manager. His duties included teaching the Core Four Business Planning classes, underwriting and managing microloans and providing support and technical assistance to entrepreneurs on the islands of Maui and Lanai.
During his time with the program, he traveled to Lanai weekly to conduct Core Four Business Planning classes and provide support and technical assistance to the island’s small business entrepreneurs.
MEO BDC provides microloans ranging from $5,000 to $50,000 for small business start-ups or expansions. In addition to micro-lending, the program focuses on education and providing technical assistance to those interested in starting, expanding or purchasing a business.
Assistance is provided through the Core Four Business Planning Course that is offered on the islands of Maui County throughout the year. Classes are open to the general public.
Other technical assistance includes credit repairs and help for applicants of the loan program, and Maui County Business Resource Center seminars on credit readiness, how to obtain business loans, and starting a business.
For more information, visit www.meoiunc.org or call Chief Programs Officer Debbie Cabebe at 249-2990.