Today in Small Business: U.S. Treasury Announces $160M in CDFI Fund Awards

Patrick DugganLatest News, PCVLeave a Comment

Free small business mentor advisor coach businessadvising.pcv.wpengine.com

BusinessAdvising.org would like to congratulate all of the CDFIs that have been selected as awardees for the U.S. Treasury’s CDFI Fund. As community partners, funding such as this is essential to increase your investments and impact across our nation’s low-income and economically distressed communities. Congratulations!

In celebration of today’s award announcements we’d like to extend our free technical assistance (TA) platform, BusinessAdvising.org, as a compliment to your organization’s current TA. While every CDFI provides some level of technical assistance, we’re offering our comprehensive platform to your small business clients free-of-charge as a way to expand your overall support.

An online program, BusinessAdvising.org will expand your clients’ reach to a national network of expert business advisors. Regardless of industry or geographic location, the BusinessAdvising.org platform can provide your clients with individual advising in lending, finance, marketing, operations, sales, IT, HR, leadership, and much more.

All of the advice is customized to the business at hand, and all of the advisors are active professionals from prominent banks, consulting firms, and Fortune 500 companies. The small business owners who have worked on this platform have seen their revenues grow by 25% on average, and have added jobs at 10 times the national level!

As a fellow CDFI, we’re proud to share our support services with our community; let’s work together to take TA to a whole new level, and make our investments in small businesses that much more impactful!

Speaking of impact, PCV is also pleased to offer thorough data and impact reporting to partner CDFIs. (Our data and impact reporting has proven especially helpful to SBA lenders, by easing the burden of compliance reporting.)

If you’re interested in tailoring BusinessAdvising.org to your organization’s data and reporting needs, please do not hesitate to reach out to Jarlene Choy. Jarlene is happy to review with you all of the unique ways BusinessAdvising.org can support your organization, mission, and small business clients.

Congrats’ again to all of the awardees! We can’t wait to see your efforts turn into impact — because when our nation’s small businesses survive, our communities thrive.

Contact:
Jarlene Choy
PCV’s Business Development Manager
jchoy@pcvmail.org
415 442 4318