Renaissance Economic Development Corporation

New York NY


Renaissance Economic Development Corporation provides loans and technical assistance to small businesses in three New York City Boroughs -- Brooklyn, Manhattan, and Queens -- particularly start-up businesses that are owned and operated by women and minorities.

CDFI Awards for Renaissance Economic Development Corporation


CORE (2002) - $600,000

The $100,000 grant and $500,000 loan from the Fund will enable Renaissance to continue to provide these products.



CORE (1999) - $340,000

The CDFI Fund"s $340,000 capital grant will help REDC to expand beyond small business lending and begin to provide real estate loans of up to $100,000 to owners of mixed-use properties that house low-income residents.



SECA (1998) - $48,000

Funds from the CDFI Fund"s technical assistance grant will be used to build REDC"s capacity and internal systems in support of its new housing lending initiative. Specifically, the grant will be used to provide staff training and additional technology. It will also fund product design and development and a market and organizational analysis.



CORE (1997) - $300,000

A grant of $300,000 from the CDFI Fund will help REDC reach its capitalization goal and allow REDC to extend loans to emerging businesses and housing developers serving targeted neighborhoods.



Other Community Development Financial Institutions in New York





Featured Government Grant Resources


Community Development Credit Unions

A Community Development Credit Union, more commonly known as a CDCU, is a credit financial institution which owned and controlled by its members in an effort to sustain the ability of being able to provide a wide array of financial services.







Historically Underutilized Business Zones - HUBZone Empowerment Contracting Program

The Small Business Administration has established the Historically Underutilized Business Zones (HUBZone) Empowerment Contracting Program wherein they aim to provide federal contracting assistance to eligible small business corporations which are located in underutilized business zones so as to improve their employment opportunities, investments, and their area's economic development.




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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