Entrepreneur Fund receives $1 million
6 Oct 2020
The Entrepreneur Fund was awarded over $1 million in grants to capitalize its loan fund for small business lending, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced.
The U.S. Treasury granted awards nationwide to 397 CDFIs, totaling $204.1 million. This award will enable the Entrepreneur Fund to leverage 7-10 times the award amount in private loan capital for its 17-county service region.