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Little Haiti-Edison Federal Credit Union
Miami FLCDFI Awards for Little Haiti-Edison Federal Credit Union
FA (2003) - $120,000
The Fund"s $120,000 award will be used as loan capital and to launch a micro-business loan product that would be offered through the City of Miami"s Microloan Program which would further leverage LHEFCU"s resources by utilizing the city"s funds as share deposits to secure small business loans. In addition, the Fund"s award will allow LHEFCU to obtain technical assistance needed to complete market analysis and marketing for its new micro-business loan and for developing a capitalization strategy. In the next three years, the credit union is projecting 554 new consumer loans and 131 micro business loans. Approximately 75% of this award will be targeted to Hot Zones.
Other Community Development Financial Institutions in Florida
Business Loan Fund of the Palm Beaches, Inc., The
West Palm Beach
Community Equity Investments, Inc.
Pensacola
Community Financing Consortium
West Palm Beach
Florida Community Capital Corporation
Winter Park
Jacksonville Affordable Mortgages, Inc.
Jacksonville
Metro Broward Economic Development Corporation
Fort Lauderdale
Featured Government Grant Resources
Small Business Innovation Research Phase IIB Bridge Awards
In line with this mission, the NIH has recently constituted the Small Business Innovation Research Phase IIB Bridge Awards to Accelerate the Development of Cancer Therapeutics, Imaging Technologies, Interventional Devices, Diagnostics, and Prognostics Toward Commercialization Program.
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.
Social Entrepreneurship
Spotlight
Childcare Charitable Group Named Top Social Enterprise
Employers For Childcare Charitable Group (EFCG), a Lisburn-based charity, has been crowned top Social Enterprise at the Ulster Final of 2014’s Ulster Bank Business Achievers Awards. EFCG seeks to “make it easier for parents with dependent children to get into work and to stay in work.”
