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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
National Endowment for the Humanities: National Digital Newspaper Program
The goal of the National Digital Newspaper Program is to crate a national digital resource of historically significant newspapers published between the years 1836 and 1922, from all of the States and its territories.
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.
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
