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Beyond loans, the U.S. Small Business Administration offers mentorship and other programs for small business owners. SBA loans can be a good way to fund working capital and other business expenses ...
SBA Express loans: Used as working capital to fund day-to-day operating expenses or make business or equipment purchases and more. This SBA loan funds up to $500,000, and the SBA can approve its ...
The Community Development Block Grant ( CDBG ), one of the longest-running programs of the U.S. Department of Housing and Urban Development, funds local community development activities with the stated goal of providing affordable housing, anti-poverty programs, and infrastructure development. CDBG, like other block grant programs, differ from ...
The Office of Economic Opportunity (OEO) was the agency responsible for administering most of the War on Poverty programs created as part of United States President Lyndon B. Johnson 's Great Society legislative agenda. It was established in 1964 as an independent agency and renamed the Community Services Administration (CSA) in 1975.
Opportunity Fund was founded in 1994 by Eric Weaver in response to the challenges faced by businesses owned by women or minorities, or those who want small dollar loans that are not profitable enough for banks to provide. [14] The emergence of predatory lending practices among some of the non-bank lenders that stepped in to fill the vacuum in ...
Business incubator. A business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services, starting with management training and office space, and ending with venture capital financing. [ 1] The National Business Incubation Association (NBIA ...
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