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CAMBA Economic Development Corporation
Brooklyn NYCDFI Awards for CAMBA Economic Development Corporation
FA (2009) - $600,000
CAMBA Economic Development Corporation is a certified CDFI established in 1999. In partnership with its parent organization, CAMBA Economic Development Corporation promotes economic revitalization through to underserved small business owners, entrepreneurs, and low-income immigrant refugees and other disadvantaged persons in central and south Brooklyn, New York. It provides microloans, entrepreneurial training, technical assistance, financial literacy programs, foreclosure prevention programs and linkages with other community partners. CAMBA Economic Development Corporation operates a microenterprise loan fund and will use its FY 2009 Financial Assistance award to make micro-loans to its Target Market.
SECA (2001) - $200,000
The Fund"s $50,000 technical assistance award will help the EDC develop loan policies and procedures, enhance its client database, upgrade its computer and phone systems, and refine its strategic plan. The $150,000 grant will help capitalize the EDC"s loan pool, enabling the CDFI to make small business loans of up to $20,000.
SECA (1999) - $50,000
CAMBA EDC will use the TA grant to upgrade and purchase new technology conduct a market analysis and for board and staff training.
Other Community Development Financial Institutions in New York
AAFE Community Development Fund
New York
ACCION New York
New York
Adirondack Economic Development Corporation
Saranac Lake
Akwesasne Indian Housing Authority
Hogansburg
BOC Capital Corp.
Brooklyn
Carver Federal Savings Bank
New York
CDCLI Funding Corporation, Inc.
Centereach
Citibank NMTC Corporation
New York
Commercial and Industrial Capital Corporation
Staten Island
Credit, Inc.
Bronx
GS New Markets Fund
New York
HEDC New Markets, Inc
New York
Home Headquarters, Inc.
Syracuse
Iroquois Venture Corporation
Hogansburg
JobStart Chautauqua, Inc.
Mayville
MSD New Markets, Inc
New York
Nos Quedamos
Bronx
NYCB Community Development Corp
Westbury
Progressive Neighborhood FCU
Rochester
Project Enterprise
New York
Seedco
New York
Seedco Financial Services
New York
Seneca Nation of indians
Salamanca
Sephardic Angel Fund
Brooklyn
St. Charles Borromeo Church FCU
New York
The Disability Fund, Inc.
Albertson
UA, LLC
New York
Westchester Housing Fund, Inc.
Hawthorne
Women"s Venture Fund, Inc.
New York
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.
Secondary Market Lending Authority Program
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.
Social Entrepreneurship
Spotlight
The U.S. Government on Cultivating Impact Investing And Social Enterprise
According to a Private Capital, Public Good report recently released at the White House from a group of A-list impact investing and social enterprise specialists, the U.S. government can do a lot to spur the growth among the impact investing and social enterprise sectors.
