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November 2: Saving it up

Tuesday - 11/1/2011, 2:13pm  ET

Capital Area Asset Builders and Citi Community Development have formally announced the new Jobs & Entrepreneurship Stimulus Account program, an accelerated Individual Development Account savings program for individuals who agree to save $500 towards their small business or job training costs. Some communities in D.C.'s Northeast and Southeast sections are dealing with high unemploymeny and poverty rates -- the companies say there is a critical need to address common impediments to employment.