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Northeast Ventures Corporation
Duluth MNCDFI Awards for Northeast Ventures Corporation
CORE (2000) - $2,000,000
The CDFI Fund"s $2,000,000 award ($1,000,000 capital grant and $1,000,000 loan) will help NVC carry out its business plan that calls for providing additional investments and development services mostly to start-up businesses in the organization"s underserved service area. The Fund"s investment will also help leverage outside investments in the applicant"s portfolio companies.
SECA (1999) - $45,000
The technical assistance award will be used for staff training and consulting services to address the development of venture capital investment strategies.
CORE (1996) - $1,250,000
The CDFI Fund investment of $1.25 million in equity will substantially improve Northeast Venture"s ability to serve their target market by providing greater flexibility in the size and term of their investments.
Other Community Development Financial Institutions in Minnesota
African Development Center
Minneapolis
CAPITAL CITY PROPERTIES
St. Paul
Community Reinvestment Fund, Inc
Minneapolis
Dakota Futures, Inc.
Morton
Development Corporation for Children
Minneapolis
Great Neighborhoods! Development Corp.
Minneapolis
Greater Minnesota Housing Fund
St. Paul
Habitat for Humanity of Minnesota, Inc.
Minneapolis
Indian Land Capital Company
Little Canada
Indian Land Tenure Foundation
Little Canada
Initiative Foundation
Little Falls
Leech Lake Band of Ojibwe
Cass Lake
Midwest Minnesota Community Development Corporation
Detroit Lakes
National New Markets Tax Credit Fund, Inc
Minneapolis
Neighborhood Development Center
St. Paul
Nonprofits Assistance Fund
Minneapolis
Northland Foundation
Duluth
Sparc
Saint Paul
University National Bank
St Paul
WomenVenture
St. Paul
Featured Government Grant Resources
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.
Small Business Administration's Small Business Investment Companies
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.
Social Entrepreneurship
Spotlight
Energy Giants Go Public on Carbon Pollution Pricing Strategies
Some of the biggest public companies in the United States, including Wal-Mart, Walt Disney Co., Microsoft, have adopted carbon pollution pricing strategies.
