 | July 2009 NewsRep. Jim Costa Announces $600,000 Awarded To Fresno Community Development Financial Institution Fresno, CA- Congressman Jim Costa (D-Fresno) is pleased to announce that a total of $600,000 is coming to the Fresno Community Development Financial Institution in downtown Fresno. These dollars are being awarded through the U.S. Department of the Treasury’s CDFI Fund and were made available in the American Recovery and Reinvestment Act.
“These funds will provide valuable resources to assist those in our valley as they venture into business opportunities; providing our small business owners and entrepreneurs with resources that may not otherwise be readily available to them,” Costa stated.
Established in 1994 as a Fresno County EOC micro-loan program, the Fresno Community Development Financial Institution (FCDFI) has historically used their resources for minority small farmers. However, with the current economic situation, the base of borrowers has expanded into several other areas of traditional and nontraditional business owners and operators, from small farms to storefront operations. Financing, as well as valuable technical assistance, such as business planning, marketing plans and workshops are all available through the FCDFI.
Emphasized Costa, “In these extraordinary times, we are especially pleased to be able to offer expanded funding to those throughout the Fresno Community to assist them in their drive to succeed.”
For more information about the Fresno FCDFI, please visit http://www.fresnocdfi.com.
For more information about the US Treasury’s CDFI fund, please visit http://www.cdfifund.gov/
SCORE Hosts "Extreme Retail Makeover" Workshop SeriesMonday, July 20 - 60 Minute Crash Course on Business Financing Presentations & panel discusions with these industry professionals: Salam Nalia, CEO Fresno CDFI
Mari Kroigaard, VP SBA Dept Manager of Central Valley Community Bank
Stanley Tom, VP Marketing & Relationship Manager Valley Small Business Development Corp.
Michael Souza, SBA Lenders Relations Specialist
 SCORE is hosting this FREE interactive Workshop series designed to help locally-owned businesses survive, thrive, and beat the financial challenges brought by the recession. SCORE Consultants will be available to meet with you one-on-one after the workshop.
Download the flier At The Sierra Vista Mall
8-9:30am Community Room
1050 Shaw Avenue Clovis, CA 93612
To register call William Hori:
(559) 487-5605
william.hori@sba.gov | |