Lendio Announces Winner of National Scholarship to Small Business Families

SOUTH JORDAN, Utah – Jan. 26, 2017 – Lendio, the nation’s leading marketplace for small business loans, today announced the winner of its National Scholarship to Small Business Families. Julian Miyata, a United States Coast Guard member currently attending University of Phoenix, was awarded the scholarship to continue pursuing a degree in IT to become an app developer. Miyata plans to use his education to create a recipe app that will allow users to find recipes catered to the ingredients they already have in their home.

“I couldn’t be more grateful to receive this scholarship from Lendio,” Miyata said. “It’s an honor to be able to serve my country and pursue my dreams, all while being cheered on and supported by people who believe in me.”

Miyata is currently stationed in St. Petersburg, Florida as a United States Coast Guard Aids to Navigation Technician, repairing lighthouses and fixing channels on the water. He started to create the app with developers in 2016, but after complications with the development process and his father’s fight with cancer, he was forced to put his dreams on hold. Despite the setback, Miyata is completing his degree in IT to create the app by himself and plans to attend Stanford University for a postgraduate degree in computer science.

View his story in his application video: https://www.youtube.com/watch?v=xC2M0zv5F_c

“We had some great submissions from students, but Julian embodied the entrepreneurial spirit of overcoming adversity to achieve success,” said Brock Blake, founder and CEO of Lendio. “Our mission has always been to help serve small business owners and entrepreneurs. Being able to give back in this way is important to continue the tradition of supporting the next generation in pursuing higher education to give them the tools to succeed.”

A scholarship totaling $2,500 was awarded to Miyata for tuition at University of Phoenix for the winter semester. Video submissions were reviewed by a panel of judges and were based on compelling story and creativity.

To learn more about Lendio, visit www.lendio.com.

About Lendio

Lendio is a free online service that helps business owners find the right small business loans within minutes. With a network of over 75 lenders offering multiple loan products, Lendio’s marketplace is the center of small business lending. Bringing all options together in one place, from short-term specialty financing to long-term, low-interest traditional loans, our technology makes small business lending simple and decreases the amount of time and effort it takes to secure funding. For every loan facilitated on Lendio’s marketplace platform, Lendio Gives, an employee contribution and employer matching program, donates a percentage of funds to low-income entrepreneurs around the world through Kiva.org. More information about Lendio is available at www.lendio.com. Information about Lendio franchising opportunities can be found at www.lendiofranchise.com.

About the author

Brenda Armstrong

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