Please join us for a free webinar this Wednesday, January 13th at 3:00 pm Eastern to discuss the reauthorized Paycheck Protection Program. In this webinar, we will present the requirements, documents, and updates related to the First and Second Draw PPP Program. At the end of the session you will understand how to prepare for […]
Recording now available. Congress just passed a 5,000-page package of Covid relief and new federal spending – the first pandemic relief legislation in almost 8 months. The package includes the largest
Hear directly from New York small business owners how NDC is helping them through the COVID crisis--and find out how NDC can help your small business.
Crain’s New York Business: Here’s an under-the-radar government loan program that could save your small businessNovember 23, 2020
"Ann Finnegan, a director at the National Development Council, a nonprofit that helps small businesses with financing, said the loan program is the most attractive package available for small businesses at a time when federal relief has run dry and Washington has been unable to agree on further assistance."
Post-election, there is a lot of legislative work for Congress to complete in the remaining weeks of the 116th session. In addition to the unknowns of the current health pandemic and economic fallout, the outcome of the election on the White House and Congress will have a big impact on how and when there will be deals on another round of COVID-19 relief, tax extenders, and Fiscal Year (FY) 2021 appropriations.
Ford and Ford Motor Company Fund, the automaker’s philanthropic arm, are investing more than $400,000 to strengthen and support Latina entrepreneurs and small business owners as they battle challenges posed by COVID-19. NDC will administer a grant program for Ford Driving Dreams. Latina entrepreneurs and small business owners can now apply for a $5,000 grant […]
A unique collaboration among public, private and philanthropic organizations to help keep small businesses open, protect and create jobs, while also looking ahead to strengthen key sectors in the future.
In case you missed it! NDC, alongside our partners at Discover Bank, The Delaware Alliance for Nonprofit Advancement, The Jessie Ball DuPont Fund, Longwood Foundation and Welfare Foundation has been awarded The James H. Sills Jr. Leadership Award from the Delaware Community Reinvestment Action Council. It was an honor to receive the award at the […]
U.S. Department of Commerce to Invest $3.9 Million in CARES Act Funding to Capitalize Revolving Loan FundSeptember 29, 2020
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.9 million EDA CARES Act Recovery Assistance grant to NDC to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to small businesses and entrepreneurs adversely affected by the coronavirus pandemic across […]
NDC GAF Receives Award from U.S. Treasury to Support Economic Growth in Low-Income and Distressed CommunitiesSeptember 24, 2020
Today the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 397 Community Development Financial Institutions (CDFIs) $204.1 million in awards. The awards, through the fiscal year (FY) 2020 round of the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI Assistance Program (NACA Program), will enable CDFIs […]