Learn More about CDFI's and Small Business Resources in Kentucky see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
CNC Development Corporation, Inc.
Community Ventures Corporation, Inc.
Kentucky Habitat for Humanity
Kista NMTC Fund, LLC
Louisville Community Development Bank
Louisville Development Bancorp, Inc.
Southbank Partners, Inc.
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.
Starting a new business can be an exciting venture -- unfortunately, it can also be quite expensive as well. In order to get the money that you need to get your business off of the ground, you might be...