Small Business Week

When you think of an NMTC project, you might think of a $15 million health clinic, a mixed-use historic renovation project, or a large manufacturing facility. But the NMTC supports quite a few small businesses and entrepreneurs, both directly (through direct financing) and indirectly (through real estate financing of incubators and creative shared space). Below are a few of those stories:

 

Small Business Loan Funds

Loans under $4 million, often through a revolving fund

Portland Small Business Loan Fund

Portland Development Commission, U.S. Bancorp CDC, and United Fund Advisers.

MEDC Revolving Loan Fund

Milwaukee Economic Development Corporation and PNC Bank

Rural AL and FL Panhandle Revolving Loan Pool

The Valued Advisor Fund and PNC Bank

The Irvin Henderson Main Street Revitalization Fund

The National Trust Community Investment Corporation

Small Business Stories

Green Zebra

Green Zebra, a startup grocer aspiring to offer low-income areas a mini-grocery store that focuses on fresh, high-quality food, was in need of long-term, patient

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V&S Plumbing

Small business financing for a family-owned general contractor to purchase a building for its office and warehouse space.

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Greatwave Communications

GreatWave Communications is a long-standing operating business located in Conneaut, Ohio that provides high-quality telecommunications services to over 2,000 telephone customers, 1,650 cable television subscribers,

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Hot Mama’s

Springfield, Massachusetts has seen more than its share of hard times. The condition of the City’s finances required intervention by the state. Unemployment is high

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Supporting the Entrepreneurship Ecosystem

Incubators and Creative Office Space

KSU Incubator

The Project involves the construction of a 59,000 square foot office building by the Kansas State University Foundation used for corporate incubator and research space

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Auburn Research Park

NMTC equity helped fund the construction of a 105,000-square-foot office building at Auburn University in Alabama. SunTrust Community Capital invested $3.2 million in NMTC equity

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Fintech Building

An NMTC investment from Cinnaire supported the development of a new, 100,000-square-foot building dedicated to financial technologies at the University of Delaware’s Science.

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Findlay Kitchen

This is the substantial rehabilitation and adaptive reuse of eight historic buildings located in a three block area of the Over-the-Rhine neighborhood. Once complete, the

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