Valley-area woman-owned small businesses will get access to additional affordable loans after Bank of America announced Friday that it is doubling its capital investment in the [...]
Owning your own business is one of the most rewarding opportunities to an entrepreneurial person, especially in Los Angeles, New York, or other large cities in [...]
The world of small business is constantly changing, and any entrepreneur would agree that staying relevant and informed are valuable skills in the business world. [...]
A new law measuring a business's size by the length of time in operation has been signed, which could affect contractors working for the federal government. [...]
Videos & Playlists
A collection of educational and promotional videos and playlists dedicated to small business.
Which states do you serve lending capital?
Currently, entrepreneurs in California and New York can receive lending capital from VEDC in the form of Microloans and Standard Business Loans. For business owners outside these locations, there is a national network of CDFIs able to provide financing and technical assistance.
How expensive are the workshops?
All technical assistance provided by VEDC and its training programs, including workshops and 1-on-1 consulting sessions, are completely free of charge to all entrepreneurs. Please note: Workshops hosted by affiliate organizations may require payment.
What is a CDFI?
A CDFI, or Community Development Financial Institution, are organizations dedicated to offering quality lending capital to minority and low-to-moderate income communities in the United States. CDFIs are privately owned and operated, and certified by the CDFI Fund at the U.S. Department of the Treasury.
Do you serve start-ups and new businesses?
VEDC offers support and assistance to all business owners, regardless of the amount of time their business has been in operation. If we are unable to provide training or lending capital due to geographic restrictions, we can directly refer you to one of many local institutions who can help you.