CAPITAL CITY PROPERTIES

St. Paul MN


Capital City Properties (CCP), a wholly owned subsidiary of the St. Paul Port Authority (SPPA), has a mission of restoring blighted properties, undertaking economic and community development initiatives, and encouraging business expansion in St. Paul. The SPPA creates “business centers” in distressed communities, and it is in these areas that the NMTC allocation will be used as an additional incentive to encourage both business relocation and expansion. CCP will be partnering with Employer Solutions, Inc (ESI), who will provide financial counseling and other services to targeted businesses, and recruit and train low-income persons for job placement at the newly financed businesses.

CDFI Awards for CAPITAL CITY PROPERTIES


NMTC (2008) - $15,000,000

Capital City Properties (CCP), a wholly owned subsidiary of the St. Paul Port Authority (SPPA), has a mission of restoring blighted properties, undertaking economic and community development initiatives, and encouraging business expansion in St. Paul. The SPPA creates a€œbusiness centersa€ in distressed communities, and it is in these areas that the NMTC allocation will be used as an additional incentive to encourage both business relocation and expansion. CCP will be partnering with Employer Solutions, Inc., who will provide financial counseling and other services to targeted businesses, and recruit and train low-income persons for job placement at the newly financed businesses.



Other Community Development Financial Institutions in Minnesota

WomenVenture
St. Paul





Featured Government Grant Resources


Community Development Financial Institutions

Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.







Small Business Administration's Portable Assistance Program

The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.




Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.









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