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Spokane Neighborhood Economic Development Alliance
Spokane WACDFI Awards for Spokane Neighborhood Economic Development Alliance
FA (2005) - $300,000
SNED will use its financial assistance award of $300,000 to inject equity and debt into its capital structure to leverage debt for its lending activities. It will also use a portion of its award for operational support to hire a full-time loan/business development officer.
TA (2003) - $50,000
SNEDA received a Technical Assistance grant in the amount of $50,000 so that its loan fund can obtain consulting services to develop a capitalization strategy, market survey and marketing plan; staff salary for the operating costs associated with staff who will develop policies and procedures and portfolio management systems; and to purchase computer technology.
Other Community Development Financial Institutions in Washington
City of Everett CDE LLC
Everett
Community Funding Group
Seattle
Express Credit Union
Seattle
HomeSight
Seattle
Kitsap County NMTC Facilitators I, LLC
Silverdale
Lummi Commercial Company
Bellingham
Neighborhood Assets
Spokane
Quinault Indian Nation
Taholah
The Pathfinder Fund, LLC
Yacolt
The Union Credit Union
Spokane
Featured Government Grant Resources
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.
Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.
Social Entrepreneurship
Spotlight
Building a Million Dollar Company Where Everyone Counts
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.
