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Local Enterprise Assistance Fund
One Harvard St., Suite 200Brookline MA, 02445-7948
CDFI Awards for Local Enterprise Assistance Fund
FA (2003) - $100,000
The Fund"s $100,000 award will support LEAF?s national program to help finance community-based staffing companies in inner cities. The staffing companies will not only place people with limited education and skills, but will provide employee-retention and career counseling services. LEAF estimates that the six companies that will be developed over the next three years will create a total of 2,700 employment opportunities, and provide support and development services to a further 3,000 people in entry-level jobs. Approximately 26% of this award will be targeted to Hot Zones.
SECA (2002) - $98,000
The Fund"s financial assistance award will enable the Awardee to expand its financing activities and the technical assistance award will enable it to obtain consulting services and training.
SECA (1998) - $46,500
With the help of a $46,500 Technical Assistance grant from the CDFI Fund, LEAF will obtain staff training, improved technology, and strategic planning assistance.
Other Community Development Financial Institutions in Massachusetts
ACCION USA
Boston
AI Wainwright LLC
Boston
BCLF Ventures II, LLC
Boston
Institute for Community Economics
Springfield
Jobs for Fall River, Inc.
Fall River
Local Enterprise Assistance Fund
Brookline
MHIC, LLC
Boston
NOAH Community Development Fund, Inc.
East Boston
UECDF Corporation
Roxbury
WCHR Securities, Inc.
Worcester
YouthBuild Loan Fund
Somerville
Featured Government Grant Resources
Small Business Administration Background
The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.
Department of Agriculture: Value Added Producer Grants
The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.
Social Entrepreneurship
Spotlight
This Social Innovation Helps Prevent Bed Sores in Wheelchair Users
Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.
