Four women among first recipients of new ‘Microloans for Micro-Entrepreneurs Program’ presented by VEDC and Avon LLC on March 13, 2017.
Sherman Oaks, CA – Four entrepreneurs were among the first recipients of the Microloans for Micro-Entrepreneurs Program developed for home businesses by VEDC – a non-profit small business lender founded in 1976. The one-day educational seminar and salute to micro-entrepreneurs was held in partnership with New Avon LLC at VEDC’s Los Angeles, CA offices.Read More
LAS VEGAS- MARCH 3, 2017 – USDA Rural Development Nevada today announced a new intermediary lender with $500,000 in loan authority to provide low-interest loans to small rural business entities in Clark and Washoe Counties in Nevada.Read More
VEDC one of 12 organizations nationwide to receive grant funds as part of Wells Fargo Diverse Community Capital programRead More
(Los Angeles – November 7, 2016) VEDC today announced the appointment of finance executive Rudy Navarro as chief credit officer (CCO).Read More
LOS ANGELES, October 19, 2016 – VEDC today announced that it has received a $425,000 grant from Travelers to expand its partnership with the Travelers Small Business Risk Education (SBRE) program. Read More
LOS ANGELES — A new loan program led by Mayor Eric Garcetti’s Great Streets initiative aims to give small business owners the boost they need to open their doors, grow their companies, and create good-paying jobs. Great Streets Great Business is a $4 million business assistance partnership between Mayor Garcetti’s Great Streets initiative and the Valley Economic Development Center (VEDC), a local non-profit financial institution. Read More
June 23, 2016, Los Angeles— VEDC today announced that it has loaned $2.26 million to 24 African American-owned small businesses in Los Angeles, Chicago and New York through a new National African American Small Business Loan Fund.Read More