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ECDC Enterprise Development Group
901 S. Highland StreetArlington VA, 22204-2400
CDFI Awards for ECDC Enterprise Development Group
TA (2004) - $41,100
ECDC Enterprise Development Group will use the award to obtain consulting services to develop a marketing and strategy plan; obtain staff training; and for upgrading computer technology and equipment.
FA (2004) - $260,000
ECDC Enterprise Development Group will use the award to expand the volume of its microlending program. All of the activities supported by a CDFI Fund Award will target low-income populations. ECDC expects that its activities will result in community development impacts such as job creation/retention, especially among minorities and women, and increases in the gross sales of its borrowers.
CORE (1998) - $700,000
The CDFI Fund"s $200,000 capital grant and $450,000 loan will be used to support ECDC"s goal of increasing access to capital and training for Low-Income individuals. In addition, the CDFI Fund"s $50,000 technical assistance grant will enable the organization to upgrade its loan tracking system, allow for more staff development, and assist ECDC in revising its training curriculum.
Other Community Development Financial Institutions in Virginia
123 New Market Investors, LLC
Great Falls
Business Seed Capital, Inc.
Roanoke
ECDC Enterprise Development Group
Arlington
Hampton Roads Ventures, LLC
Norfolk
Lynchburg Community Loan Fund
Lynchburg
Minerva Seed Fund
Fairfax City
NCB Capital Impact
Arlington
New Enterprises Fund, Inc.
Christiansburg
Piedmont Housing Alliance
Charlottesville
Southside Development Enterprises, LLC
Portsmouth
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