Rural Opportunities Enterprise Center, Inc.

400 East Avenue
Rochester NY, 14607


Rural Opportunities Enterprise Center, Inc. (ROECI) was founded in 1997 as a subsidiary of Rural Opportunities, Inc. (ROI), a regional community development corporation. Both entities have a mission of improving the social, economic and living conditions of farm workers and other rural low-income individuals. Currently, ROECI works in western and central New York State, providing microenterprise and small business loans and development services to low-income individuals in rural communities. In addition to the business loans, ROECI also works closely with ROI to manage the real estate pre-development and homebuyer loans.

CDFI Awards for Rural Opportunities Enterprise Center, Inc.


TA (2005) - $43,000

ROECI will use its 2005 TA award of $43,000 to obtain consulting services, staff time, training, and equipment to expand capacity to expand into new territories.



CORE (2000) - $300,000

The CDFI Fund"s $300,000 capital grant will help ROECI carry out its business plan that calls for expanding the organization"s lending into the mid-Hudson Valley of New York and northeastern Ohio.



SECA (1999) - $65,000

The technical assistance award will be used for market analysis in expanded market areas; product and operations analysis and recommendations; design of marketing materials; computer equipment; and staff training.



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