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WomenVenture
2324 University Avenue, Suite 120St. Paul MN, 55114-1854
CDFI Awards for WomenVenture
FA (2008) - $585,406
WomenVenture is a certified CDFI established in 1983 WomenVenture provides microenterprise loans and development services to high-risk, low-income women entrepreneurs in and around Minneapolis and St Paul, Minnesota WomenVenture will use the 2008 Technical Assistance grant of $88,228 to 1) pay staff salary and benefits; 2) send staff to conferences and professional training sessions; 3) and obtain software WomenVenture will use the 2008 Financial Assistance award of $497,178 to increase its lending capital and to continue providing micro-enterprise products.
FA (2007) - $61,293
WomenVenture, established in 1989, is a certified CDFI community development corporation. It provides a wide range of economic, business training and micro-loan services to low-income women and communities. WomenVenture will use its FY07 TA award to: 1) support personnel and hire new staff; 2) pay for staff training in financial analysis and franchise training; 3) update its training curriculum; 4) purchase computers equipment; 5) travel to client sites, financing meetings and local training; and 6) purchase a portable LCD projector to facilitate training and increase client learning.
TA (2005) - $64,600
The 2005 CDFI Fund award of $64,600 will help WomenVenture: 1) purchase client management database and loan fund management software, 2) hire consultants to conduct a client database analysis, 3) improve loan fund management and impact and 4) provide additional staff training and development.
FA (2005) - $200,000
The awardee expects to utilize its financial assistance award of $200,000 to provide direct business loan lending activities to women business owners that did not qualify for traditional small bank loan products and support business investment in Individual Development Accounts (IDAs).
(0) - $0
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