Latino Economic Development Assistance Corporation

Chicago IL


The Latino Economic Development Assistance Corporation (LEDAC) is a nonprofit established for the purpose of promoting the a€œdevelopment and expansion of retail industries in low and moderate income Hispanic communities of Illinois.a€ LEDAC fulfills its mission by providing business development training and equity investments to encourage entrepreneurship, particularly among Latin Americans.

CDFI Awards for Latino Economic Development Assistance Corporation


SECA (2001) - $177,000

The technical assistance award will be used to provide for Board and staff training and to assist the awardee with other aspects of its organizational development.



Other Community Development Financial Institutions in Illinois





Featured Government Grant Resources


Small Business Grants - Support for Veterans

The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.







Small Business Administration's Loan Guarantees Program

The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.





Social Entrepreneurship
Spotlight



Why People Buy from Social Enterprises?


The Guardian has compiled a list of responses to its latest open thread, and has announced the winner of the social enterprise gift hamper packed with presents.









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