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Wisconsin Business Growth Fund, Inc.
Madison WICDFI Awards for Wisconsin Business Growth Fund, Inc.
NMTC (2009) - $35,000,000
Wisconsin Business Growth Fund, Inc. will use its NMTC allocation to provide a new source of capital for disadvantaged businesses in underserved areas in the State of Wisconsin. NMTC products will be designed to complement and improve its existing product mix, allowing deals needing either a first or subordinate mortgage and directed exclusively to businesses occupying the real estate securing the investment. Utilizing flexible credit standards along with the ability to attach guarantees, the CDE will lend at rates at least 350 basis points below market to expanding enterprises needing to preserve cash as they expand.
NMTC (2008) - $30,000,000
Wisconsin Business Growth Fund, Inc.(WBD Growth Fund) will provide a new source of capital for disadvantaged businesses in underserved areas in the state of Wisconsin. WBD Growth Fund will provide capital to worthy small business for purposes such as: asset purchases, real estate acquisition, building improvements, inventory, equipment and working capital. Investments will be offered in the form of equity-equivalent financing, debt with interest rates at least 50 percent below market, and/or debt utilizing flexible and non-traditional rates and terms that meet the needs of both urban and non metropolitan borrowers.
Other Community Development Financial Institutions in Wisconsin
Community Assets for People
Stevens Point
Dane Fund, Inc., The
Madison
First American Capital Corporation
West Allis
Lac du Flambeau Chippewa Housing Authority
Lac du Flambeau
Legacy Bancorp, Inc.
Milwaukee
Legacy Bank
Milwaukee
Legacy Redevelopment Corporation
Milwaukee
M&I New Markets Fund, LLC
Milwaukee
NiiJii Small Business Loan Fund, Inc.
Lac du Flambeau
SCI-TECH DEVELOPMENT
Milwaukee
Waveland Community Development, LLC
Milwaukee
Ways to Work
Milwaukee
Wigamig Owners Loan Fund
Lac du Flambeau
Featured Government Grant Resources
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.
Small Business Grants - Support for Veterans
The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.
Social Entrepreneurship
Spotlight
Why People Buy from Social Enterprises?
The Guardian has compiled a list of responses to its latest open thread, and has announced the winner of the social enterprise gift hamper packed with presents.
