Education. Entrepreneurship. Assistance.
Combating the economic education crisis.
Soma Support, Inc. exists to support the community’s economic growth by increasing small business success through direct instruction and hands-on learning opportunities with local, established professionals in personal finance, entrepreneurship, and successful operations.
Phone
(574) 303-6611
Office
1028 E Colfax Ave
South Bend, IN 46617
Hours
Monday-Friday:
8am - 5pm
Our Core Focus-
Small Businesses & Entrepeneurs
Soma provides a robust offering of services for our community’s aspiring and new entrepreneurs. We maintain a network of referral sources that can be helpful for businesses at all stages.
Tax Help
Soma partnered with the Internal Revenue Service (IRS) in 2021 to bring volunteer income tax assistance, called the VITA program, to St. Joseph County and the surrounding areas.
Education
We educate soon-to-be or recently graduated High School students in crucial life skills including budgeting and investing, building resumes and mock interviews, college preparation, and entrepreneurship.
Resources & Sponsors
The State of Indiana has incredible resources available that we connect you to such as the Indiana Small Business Development Center, INBiz, and local economic resources.
Statistics?
Soma began as a way to help those who need economic education. We start here locally growing the knowledge of high school aged young adults and assisting small business owners wherever we can. There are several alarming statistics that show where we can improve.
%
Americans with less than $1000 in savings
%
Americans with no savings at all
%
Of Small businesses Fail within 5 years
What We Do for You
Through our program, you will learn necessary skills you can apply to your financial habits and how to identify opportunities.
Financial Literacy
Learn the basics and beyond. Our goal is to make managing finances less of a burden. Our Volunteers are experts through years of experience as well as a certified, trained proffessionals in the financial field.
Decision Making
Our small group is committed to taking on our clients’ struggles as our own and navigating through the obstacles with them, and teaching them to avoid or handle future challenges.
Managing Taxes
Soma Volunteers are IRS-certified before providing any tax counseling or preparation. VITA/TCE services are not only free, they are also a reliable and trusted source for preparing tax returns.
Starting a Business? Have you thought about…
- Consulting of entity types and legal formation
- EIN Establishment
- Federal withholding accounts
- Operating agreements
- Business plan development
- Budgeting and forecasting
Soma has! And can walk you through all this and more.
Ready to learn more?
We regularly have classes to discuss the basics of career readiness and debt education. Call and register for our next available opening. Available in small group settings or one on one.