Alternatives Venture Fund, Inc.

125 North Fulton Street
Ithaca NY, 14850-3301


Established in 1999, Alternatives Venture Fund (AVF) is a certified CDFI that supports the development services of its parent, Alternatives Federal Credit Union, and provides the types of financing that the credit union is unable to offer.

CDFI Awards for Alternatives Venture Fund, Inc.


TA (2004) - $26,425

Alternatives Venture Fund (AVF) will use the award to obtain consulting services to design a web site and develop a capitalization plan; acquire computer equipment and software; cover the cost of staff time to produce a procedures manual and implement the capitalization plan; and staff training in business lending.



SECA (2001) - $80,000

The technical assistance award will be used to provide for staff and Investment Committee training and obtain the services of consultants. The financial assistance award will be used to capitalize the Awardee"s loan and investment fund.



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Featured Government Grant Resources


Program for Investment in Micro-Entrepreneurs Technical Assistance

The Program for Investment in Micro-Entrepreneurs Technical Assistance Program is designed to decrease the number of disadvantaged micro-entrepreneurs by helping them enhance their management capabilities, by way of providing them with technical assistance and training in the areas concerning activities that are associated with starting, expanding and growing their businesses.







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.





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