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St. Philip"s Church Federal Credit Union
New York NYCDFI Awards for St. Philip"s Church Federal Credit Union
TA (2005) - $44,000
St. Philips will use the 2005 TA grant of $44,000 to cover staff salary costs to analyze the expanded market to determine an appropriate market strategy for offering financial literacy services, upgrade hardware and software technology to serve more members more efficiently, and to hire a consultant to develop business lending policies and procedures and train staff on business lending.
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Featured Government Grant Resources
Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.
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.
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.
