Annual Reports

2006 Annual Report
2005 Annual Report
2004 Annual Report
2003 Annual Report
2002 Annual Report

Financial Audits

Financial Audit 2007
Financial Audit 2006
Financial Audit 2005
Financial Audit 2004
Financial Audit 2003
Financial Audit 2002

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The Need

Many new Americans were barely able to make ends meet before the current recession. Studies show that one quarter of foreign-born Latino and Southeast Asian individuals in California live at or below the poverty line.  Despite their high entrepreneurial energy and well-developed community support networks, newcomers from Vietnam, Cambodia, Laos, Mexico and Central America, often find it difficult to break out of a cycle of poverty.

The Opportunity

To address this need, AnewAmerica offers a holistic three-year program, the Virtual Business Incubator, that assists new Americans in the San Francisco Bay Area to establish or expand microbusinesses, build personal assets for the sustainability of their families, and develop the community assets necessary to support the political, social, and cultural empowerment of their communities.

Our Model: One Of  A Kind

AnewAmerica has developed an innovative model, Assets for New Americans: The Virtual Business Incubator, which integrates business incubation, asset-building and social responsibility.  Entrepreneurs and their families receive a package of comprehensive services for three years to meet their cultural and linguistic needs. 

We link new Americans with :

  colleges and universities that offer business credentials
  financial institutions that provide access to credit
  successful, established "old American" entrepreneurs