What is Bawac?
Founded in 1973, BAWAC, Inc. is a private, non-profit corporation dedicated to offering employment options for adults facing disabilities or other barriers to employment. Located in the Northern Kentucky Industrial Park in Florence, KY, BAWAC serves individuals who meet the HUD definition of homeless, plan to reside outside of Covington, and require employment assistance, often through grants like PLANKS. The organization employs a comprehensive approach to individualized employment solutions, including vocational assessment, behavioral adjustment services, immediate employment placement, job seeking skills training, job development, job search, job placement, job analysis, job coaching, and problem-solving activities.
How much funding has Bawac raised?
Bawac has raised a total of $961K across 2 funding rounds:
Debt
$350K
Debt
$611K
Debt (2020): $350K with participation from PPP
Debt (2021): $611K led by PPP
Key Investors in Bawac
PPP
Public-Private Partnership
What's next for Bawac?
The recent major strategic investment signifies a pivotal moment for BAWAC, likely enabling the expansion of its vocational training programs and outreach services. This capital infusion is expected to bolster its capacity to serve a greater number of individuals with employment barriers, reinforcing its position as a vital community resource in Northern Kentucky. Future growth will likely focus on enhancing program efficacy and broadening its service area.
See full Bawac company page
