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Nebraska Microenterprise Partnership Fund
Walthill NECDFI Awards for Nebraska Microenterprise Partnership Fund
FA (2008) - $590,785
Nebraska Microenterprise Partnership Fund (NMPF) is a certified CDFI established in 1997. NMPF is an intermediary CDFI serving nonprofit and public sector small business loan programs throughout the state of Nebraska. NMPF will use the 2008 Financial Assistance award of $500,000 to increase its lending to micro and small business programs and community loan pools. NMPF will use the 2008 Technical Assistance grant of $90,785 to: 1) fund a portion of staff salary and training; 2) upgrade technology infrastructure to ensure stronger impact tracking; 3) update financial management policies and procedures; and 4) update marketing materials to attract new business related to community revolving loan funds.
TA (2004) - $49,627
Nebraska Microenterprise Partnership Fund (NMPF) will use the award to obtain consulting services to a) conduct and address market analysis, product development and design, planning, sustainability, management systems and reporting; b) purchase tracking software; c) staff time for developing loan product, marketing, asset planning, and systems development; and, d) Board training in fund development.
CORE (1997) - $350,000
With the Fund"s asistance in the form of a grant for $350,000, leveraged with support from the state of Nebraska, the Partnership Fund will support a Seed Fund to provide capital to local microenterprise organizations, each of which must provide matching funds further leveraging the Fund"s support of microenterprise across the state.
Other Community Development Financial Institutions in Nebraska
Omaha Nations Fund, LLC
Walthill
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