Learn More about CDFI's and Small Business Resources in Oregon 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:
Albina Community Bancorp
Albina Equity Fund, I LLC
Ecotrust CDE, LLC
Hacienda Community Credit Union
Historic Rehabilitation Fund I
Innovative Housing, Inc.
Mercy Enterprise Corporation
National Community Fund I, LLC
Portland Housing Center
Portland New Markets Fund I, LLC
Warm Springs Community Action Team
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.