May 29, 2013
$2 Million to Aid Statewide Small-Business Loan Progam in Nevada
The Nevada Microenterprise Initiative in partnership with its parent nonprofit lender the Valley Economic Development Center Inc. have added $2 million to support their small-business loan program statewide.
Both NMI and VEDC will use the investment to target economic and community development in low to moderate-income communities. VEDC issues small-business loans ranging from $50,000 to $250,000.
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