Areas Served: Bloomington and Normal, Illinois Economic Development Council of the Bloomington-Normal Area has developed a Community Development Corporation (CDC) which allocates low-interest loans, arranges venture and angel capital investment and develops unique financing mechanisms that will induce economically-viable projects in partnership with both the private and public sectors of Bloomington-Norma, Illinois. Several products are
Read MoreAreas Served: Aroostook County and parts of Piscataquis and Penobscot County PURPOSE It is the purpose of this program to provide financing for business activity and community development to help create and/or retain jobs within the economic development district serviced by the Northern Maine Development Commission. It is important to concentrate on readjustment of existing
Read MoreAreas Served: Statewide Tennessee Rural Small Business and Entrepreneurship Loan Fund helps small businesses, specifically micro-businesses or micro-enterprises grow and maintain their businesses. What is a micro-enterprise? Good question! It is a business with five (5) or fewer employees including the owners. We have made these loans to these entrepreneurs and small businesses throughout rural
Read MoreAreas Served: All Oklahoma Counties with the exception of cities having greater than 25,000 population. The Revolving Loan Fund brings OSU and Federal resources to bear on small business expansion projects in rural Oklahoma. Small business projects in communities with populations under 25,000 may be eligible for up to $150,000 in supplementary loan funding and
Read MoreAreas Served: Kankakee County The Revolving Fund Program is a major component of the County’s economic development incentives package and is made available through the Department of Commerce and Economic Opportunity’s Community Development Assistance Program. The Fund was established to provide financial assistance, through low-interest loans or grants, to new or expanding businesses in Kankakee
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