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Impact Loan Fund, Inc.
1952 East Allegheny AvenuePhiladelphia PA, 19134-3122
CDFI Awards for Impact Loan Fund, Inc.
FA (2006) - $150,000
Impact Loan Fund, LLC (ILF) is a certified CDFI established in 1999. ILF provides micro-enterprise and small business loans to a qualified Investment Area of Philadelphia, PA. ILF will use the $100,000 Financial Assistance Award to increase loan activity and, as a result, create or retain jobs in the region. In addition, ILF will use a $50,000 Techincial Assistance Award to obtain loan management software, and to support the salary cost of a full-time executive director.
SECA (2000) - $50,000
The Fund"s $50,000 technical assistance award will pay for the development of loan policies and procedures, an accounting system, and a capitalization strategy; a market analysis; and training of staff members in small business financing.
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Featured Government Grant Resources
Minority Business Enterprise Centers for Minority-Owned Businesses
The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.
Small Business Administration's Portable Assistance Program
The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.
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Ashoka, a global platform for social innovation, introduced the Arab World Social Entrepreneurship Programme (ASEP) to support local social entrepreneurs in scaling up their operations in three key areas – healthcare, environment and women participation for inclusive growth.
