Jan 26, 2017

Lendio Announces Winner of National Scholarship to Small Business Families

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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. Certified for three years running as a great workplace by the independent analysts at Great Place to Work®, Lendio ranks on Fortune’s Best Workplaces in Financial Services & Insurance and Inc.’s Best Workplaces. For every new loan facilitated on Lendio’s marketplace platform, Lendio Gives, an employee contribution and employer matching program, provides a microloan to a low-income entrepreneur 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.

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