Lending

CEI Helps Local Flower Farm Blossom

Coastal Enterprises, Inc. (CEI) is a Maine-based CDC that has made loans and investments, and provided business advisory services to people and businesses in Maine and New England since 1977.[1] CEI is unique in its holistic approach to addressing the multifaceted challenges of poverty alleviation, rural development and environmental sustainability. Little River Flower Farm is …

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VEDC Creates New Lending Program to Boost African American-Owned Small Businesses

VEDC, a long-standing member of the CDC community, announced that it is joining forces with JPMorgan Chaise to create a new lending program for African American-owned small businesses in New York City, Chicago and Los Angeles. VEDC released the following information on the program: The National African American Small Business Loan Fund will boost economic opportunity …

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Neighborhood Development Center Lends Hand to Broke Entrepreneurs

On May 15,  The National Journal highlighted the work of National Development Center (NDC), a nonprofit  community development corporation headquartered in St. Paul, Minnesota that works in low-income, minority and immigrant communities around the Twin Cities. Established in 1993, NDC ‘s work hinges on the belief that residents, small businesses and neighborhood groups in all communities have …

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Northern Initiatives helps Marquette Jeweler Expand Business, Double Sales

Beth Millner has been working with jewelry crafts for nearly her entire life. Living in Michigan’s Upper Peninsula for the past several years, she finds herself constantly inspired by nature and the change of seasons. Specializing in sterling silver, copper, brass and gold jewelry with a nature theme, she’s designed more than 1000 pieces of jewelry, showing her work at art and craft fairs and music festivals around Michigan for the past 5 years.

Emerging Green Industry Company Expands Facility

The Northwest Side Community Development Corporation (NWSCDC) will use CED funding to expand a new, emerging green industry company known as Helios Solar Works in Milwaukee, Wisconsin. NWSCDC will assist Helios Solar works with capital equipment purchases and working capital to facilitate its rapid growth as the company expands its production line and establishes additional shifts to meet new orders from solar panel installations in the United States and Europe.