Northern Community Investment Corporation

St. Johnsbury VT


Northern Community Investment Corporation (NCIC) was founded in 1975 by two community action programs to create economic opportunity for people and businesses in Vermont"s Northeast Kingdom and New Hampshire"s North Country -- the three northernmost counties of each State. NCIC offers a wide range of financing products including microenterprise loans, Small Business Admin istration 504 loans, equity investments, working capital loans, lines of credit, leases for computers and other equipment, and loan guarantees. NCIC is also involved in loan participations with smaller loan funds that lack the resources to do their own underwriting.

CDFI Awards for Northern Community Investment Corporation


CORE (2000) - $625,000

The CDFI Fund"s $625,000 capital grant will help NCIC achieve its goal of fostering the creation of higher quality jobs and the growth of small and medium sized businesses located in economically distressed areas of northern Vermont and New Hampshire.



SECA (1999) - $50,000

The technical assistance award will be used for staff training and gaining operating efficiencies through new technologies.

CORE (1999) - $645,000

The CDFI Fund"s $645,000 award ($330,000 loan and $315,000 capital grant) will help NCIC respond to increasing demand for its loans and investments, increasing employment opportunities in the organization"s target market.



Other Community Development Financial Institutions in Vermont





Featured Government Grant Resources


Program for Investment in Micro-Entrepreneurs Technical Assistance

The Program for Investment in Micro-Entrepreneurs Technical Assistance Program is designed to decrease the number of disadvantaged micro-entrepreneurs by helping them enhance their management capabilities, by way of providing them with technical assistance and training in the areas concerning activities that are associated with starting, expanding and growing their businesses.







Small Business Administration's Loan Guarantees Program

The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.




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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