(Read my second story published in the Indianapolis Star!)
Last fall, Corey Rutland and Tess Ireland started out with just $400 and a dream.
Now, they own the bustling Roll With It Bakery at 5539 E. Washington St., one of the latest additions to Irvington’s up-and-coming streetscape.
Although the couple — who met while working as chefs at the Indianapolis Marriott Downtown — didn’t have much money, Rutland tapped into an Individual Development Account program he learned about while earning his general educational development certificate at John H. Boner Community Center on the Near Eastside.
Under the program, the Boner Center agrees to a match of 3-to-1 for every dollar that individuals who can meet certain income guidelines invest toward their education, home or business ownership. The program is a joint venture of the Boner Center and Community Choice Federal Credit Union.
“We always wanted our own place,” Rutland said. “(Tess) pushed me, and then everything just started falling into place.”
Rutland put $400 into an IDA and walked away with $2,000, which the couple immediately invested in kitchen equipment.
After noticing a “for rent” sign at a Washington Street retail space, Rutland and Ireland approached the owners, who agreed to let them set up shop rent-free until Jan. 1. They signed the lease by October and were in business by December.