Enterprise Development Corporation

The Plains OH


Enterprise Development Corporation (Enterprise) was founded nineteen years ago to promote enterprise development in a 30-county largely rural region of Appalachian Ohio. This CDFI provides loans to emerging businesses owned by lower income, women and minority residents. Enterprise complements lending with training and technical assistance programs and sponsored the foundation of a community development credit union. In the past five years, Enterprise has made 186 loans to small and micro- businesses, creating or retaining 630 jobs.

CDFI Awards for Enterprise Development Corporation


SECA (1998) - $37,350

The EDC is being awarded a $37,350 Technical Assistance grant that will be used to increase its operational efficiency and capacity. Specifically, the grant will be used to obtain staff training in credit analysis and use of technology, computer hardware and related software and services, and professional consulting services for strategic planning and financial management.



CORE (1997) - $125,000

A $125,000 grant from the CDFI Fund will be used to serve the credit needs of more small businesses in southeastern Ohio.



Other Community Development Financial Institutions in Ohio





Featured Government Grant Resources


Small Business Administration Background

The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.







Secondary Market Lending Authority Program

The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.




Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.









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