An innovative new way to move your money into Mendocino and invest in social entrepreneurs for a sustainable future.
The USDA announced $59M in loans and grants for rural micro enterprise development. EDFC was awarded $500K in loan funds and $105K in technical assistance grant funds. The press release from the USDA can be found -here-. To learn more about the EDFC loan program go to the -loan site-
A report by the California Reinvestment Coalition found that California’s small businesses are struggling because the nation’s largest banks, who severely restricted small business lending in 2008, continued this trend through 2013, cutting off access to credit. Small businesses normally create two out of every three new jobs in our country but, without bank lending[…]
By Marco Vangelisti With the economic slump well into its sixth year and unemployment still significantly higher than at its inception in 2007, it is understandable that the priority of elected officials is job creation. States, counties and municipalities, while dealing with budget deficits, have been competing with each other to attract jobs in their[…]