AIBA has formed a sister organization to enhance our mission of supporting and promoting locally owned business. The Local Economies Council (LEC) is a 501(c)3 recognized by the IRS as a tax deductible organization. Having a 501(c)3 allows us to apply for grants and foundation funding.
The Local Economies Council is dedicated to:
• educating the public about the economic, cultural and community benefits of locally owned businesses
• conducting research for this purpose and to encourage the development of a vibrant, sustainable local economy by promoting local business ownership, community involvement and economic prosperity through education, support and collaboration.
We envision Austin as a place in which the Local First concept is infused in all segments of community including business, education and public service.
Watch for LEC and AIBA to work together on events and programs in the coming months.