Renaissance Economic Development Corporation

New York NY


Renaissance Economic Development Corporation provides loans and technical assistance to small businesses in three New York City Boroughs -- Brooklyn, Manhattan, and Queens -- particularly start-up businesses that are owned and operated by women and minorities.

CDFI Awards for Renaissance Economic Development Corporation


CORE (2002) - $600,000

The $100,000 grant and $500,000 loan from the Fund will enable Renaissance to continue to provide these products.



CORE (1999) - $340,000

The CDFI Fund"s $340,000 capital grant will help REDC to expand beyond small business lending and begin to provide real estate loans of up to $100,000 to owners of mixed-use properties that house low-income residents.



SECA (1998) - $48,000

Funds from the CDFI Fund"s technical assistance grant will be used to build REDC"s capacity and internal systems in support of its new housing lending initiative. Specifically, the grant will be used to provide staff training and additional technology. It will also fund product design and development and a market and organizational analysis.



CORE (1997) - $300,000

A grant of $300,000 from the CDFI Fund will help REDC reach its capitalization goal and allow REDC to extend loans to emerging businesses and housing developers serving targeted neighborhoods.



Other Community Development Financial Institutions in New York





Featured Government Grant Resources


Program for Investment in Micro-Entrepreneurs Technical Assistance

The Program for Investment in Micro-Entrepreneurs Technical Assistance Program is designed to decrease the number of disadvantaged micro-entrepreneurs by helping them enhance their management capabilities, by way of providing them with technical assistance and training in the areas concerning activities that are associated with starting, expanding and growing their businesses.







Business Loans From GovLoans

The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.




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.









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