What is Bawac?
BAWAC, Inc. is a private, non-profit corporation established in 1973, dedicated to providing employment opportunities for adults facing barriers to employment, including disabilities. Located in Florence, Kentucky, BAWAC offers individualized employment solutions through strategies such as vocational assessment, behavioral adjustment services, immediate employment placement, and job development. The organization serves individuals who meet the HUD definition of homeless and plan to reside outside of Covington, providing crucial employment assistance through grants like PLANKS.
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
What's next for Bawac?
The substantial enterprise-level funding and recent strategic investment indicate a pivotal moment for Bawac. This capital infusion is expected to bolster its capacity to serve a greater number of individuals, potentially expanding its service offerings and geographical reach. The focus on strategic investment suggests a move towards enhancing operational efficiency, developing new employment programs, or forging stronger partnerships within the community and with potential employers. This financial backing will be critical in advancing Bawac's mission to empower adults with disabilities through meaningful employment.
See full Bawac company page
