Friday, October 24, 2014
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Nashua;51.0;http://forecast.weather.gov/images/wtf/small/ovc.png;2014-10-24 12:52:11

Return of makerspace MakeIt Labs may be helped by a 'micro-loan'

I stopped off last night at MakeIt Labs, the hackerspace in Nashua, for a story about how their preparations to reopen are going. The site was closed by the city last month (see story) because of various building-code issues in the old beat-up foundry where they opened in July. They're fixing things on a limited budget (know any good plumbers who'll work really cheap? The bathroom needs to be made handicapped-accessible) and hope to have at least a temporary occupancy permit soon.

One interesting aspect of the situation is that they are talking with Nashua about possibly getting a small loan (up to $25,000 for three years) from the city's Micro-Loan Program. Everybody has only just started looking into the idea, but it's a very cool possibility.

Shades of Grameen Bank!