Learn More about CDFI's and Small Business Resources in Missouri see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
Allen Bank and Trust Company
Central Bancshares Of Kansas City, Inc.
Central Bank of Kansas City
Choices Federal Credit Union
Country Club Bank, n.a.
Great Rivers Community Capital
Heritage Bank of Saint Joseph
HFHI-SA NMTC I, LLC
MBS Urban Initiatives CDE, LLC
Missouri Family Credit Union
Platte Valley Bank of Missouri
St. Louis Development Corporation
Travois New Markets, LLC
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.
A Community Development Credit Union, more commonly known as a CDCU, is a credit financial institution which owned and controlled by its members in an effort to sustain the ability of being able to provide a wide array of financial services.