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Colville Tribal Enterprise Corporation (CTEC)
Coulee Dam WACDFI Awards for Colville Tribal Enterprise Corporation (CTEC)
NACA (2006) - $84,000
Colville Tribal Enterprise Corporation (CTEC) is a nonprofit community organization committed to supporting and developing business and entrepreneurship opportunities in the tribal community. CTEC is sponsoring the creation of Colville Tribal Credit (CTC) as a CDFI. CTC has over 40 years of lending experience. CTEC will use a 2006 TA grant of $84,000 to: 1) engage an attorney to draw up legal papers for nonprofit formation of the CDFI; 2) partner with local community colleges in providing client education; 3) purchase a photocopier; and 4) pay for operating expenses.
NACD (2004) - $71,000
The Colville Tribal Enterprise Corporation is a nonprofit community organization committed to supporting and developing business and entrepreneurship opportunities in the tribal community. The ultimate goal is to support and assist low to moderate income individuals and communities. Colville will receive $71,000 in technical assistance from the Native American CDFI Development Program. This amount will support procedure, information systems, policy and organization development, a market study and assessment of current activities and staff training.
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Featured Government Grant Resources
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.
Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.
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.”
