Annie Turnbo Malone was a businesswoman and philanthropist from Illinois, known for her cosmetic inventions and the Poro College. Because of her work, she’s sometimes referred to as the “mother” […]
Small Business Lending & Education
We’re Celebrating Our 40th Anniversary!
2016 marks VEDC’s 40th year of small business financial and educational support! Discover what sets us apart from other lenders.
VEDC & JPMorgan Chase Announce Loan Fund for African American-Owned Small Businesses
Learn more about the $30 million fund designed to help African-American entrepreneurs bring their small businesses to success.
Los Angeles BusinessSource Centers
In partnership with the City of Los Angeles BusinessSource Centers, VEDC offers many services to the small business community. With both North Valley and West Valley locations, VEDC can help you learn critical management skills and will provide vital information on how to start, operate and successfully grow a business. Register for Workshops
VEDC is a proud member of the Opportunity Finance Network
The leading national network of community development financial institutions (CDFIs) investing in opportunities that benefit low-income, low-wealth, and other disadvantaged communities across America. Learn More
News & Updates
VEDC (Valley Economic Development Center) is a leading non-profit small business lender that has a 40 year history of changing the way small business lending is done by making it more available and impactful. With a growing footprint, VEDC has lent $400 million in direct and guaranteed loans to over 108,000 small businesses to create and retain more than 200,600 new jobs. VEDC’s mission, as a certified Community Development Financial Institution (CDFI), is to help create jobs and promote small business development in under-served communities. The organization provides loans and micro-financing options to small businesses, particularly those owned by women and minorities, that don’t qualify for traditional financing. VEDC’s expanding portfolio is composed of community-based loan funds in California, Illinois, Nevada, Utah, New Jersey, Connecticut, Florida and New York. Learn more about VEDC services by visiting vedc.org/about.
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